by briesterer@thinkvisionary.com | Nov 1, 2019 | Newsletter
Tax Treatment of Virtual Currency Transactions If you’ve invested in Bitcoin and decide to sell you need to consider the impact of virtual currency transactions on your taxes. Here’s what you should know: Background Prior to 2014, there was no IRS guidance...
by briesterer@thinkvisionary.com | Oct 8, 2019 | Newsletter
Tax Preparation vs. Tax Planning Many people assume tax planning is the same as tax preparation but the two are actually quite different. Let’s take a closer look: What is Tax Preparation? Tax preparation is the process of preparing and filing a tax return....
by briesterer@thinkvisionary.com | Oct 7, 2019 | Newsletter
New Tax Rules for Divorce and Alimony Payments Divorce is a painful reality for many people both emotionally and financially, and quite often, the last thing on anyone’s mind is the effect a divorce or separation will have on their tax situation. To make matters...
by briesterer@thinkvisionary.com | Oct 4, 2019 | Newsletter
Tax Advantages of S-Corporations As a small business owner, figuring out which form of business structure to use when you started was one of the most important decisions you had to make; however, it’s always a good idea to periodically revisit that decision as...
by briesterer@thinkvisionary.com | Oct 3, 2019 | Newsletter
Small Business: Tips for Ensuring Financial Success Can you point your company in the direction of financial success, step on the gas, and then sit back and wait to arrive at your destination? While you may wish it was that easy, the truth is that you can’t let...
by briesterer@thinkvisionary.com | Sep 9, 2019 | Newsletter
Settling Tax Debt With an IRS Offer in Compromise An offer in compromise (OIC) is an agreement between a taxpayer and the Internal Revenue Service that settles a taxpayer’s tax liabilities for less than the full amount owed. That’s the good news. The bad...