Serving businesses and individuals in the Rogue Valley
Ashland CPA 541-482-3711
The IRS recently issued an important ruling on the taxability of cryptocurrency staking rewards, determining that staking rewards are essentially “income” and, therefore, taxable upon receipt and not deferrable until sale or swapping. Below, we will look at the ruling...
Continue ReadingUnited States-Taiwan Initiative on 21st-Century Trade First Agreement Implementation Act (HR 4004) – This bipartisan bill was introduced on June 12 by Rep. Jason Smith (R-MO). The purpose of this bill is to convey approval by Congress of the June...
Continue ReadingYou wake up in the middle of the night. Heart racing, drenched in sweat, and breathing heavily. Thankfully, it was just a nightmare when the IRS showed up at your doorstep unannounced. Recently, however, this was the reality for some...
Continue ReadingLooking at expenses for one's business is essential to reduce cash flow issues. For example, it would show if there's too much money leaving the business or what type of scenario the business might face if there's an unexpected and...
Continue ReadingA widow or widower is eligible for a survivor's benefit from Social Security even if they never worked – as long as the deceased spouse qualified for benefits based on his or her own income record. Also, note that surviving...
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