How the IRS manages virtual currencies

  With virtual currency transactions becoming more frequent in recent years, the IRS has begun addressing taxpayer noncompliance related to virtual currency transactions. In 2019, the IRS started its Virtual Currency Compliance campaign by sending educational letters...

Issues and consequences of sales and use tax error

Sales tax compliance is the preparation and filing of sales and use tax returns. Companies have to provide exacting and detailed analysis of transaction-by-transaction dealings. It’s a complex and challenging process for even the most powerful companies. When errors...

What is a tax lien in Framingham, MA?

If you do not pay your Commonwealth taxes, the collector will file a Notice of Massachusetts Tax Lien against all of your real and personal property. This may prevent the sale or transfer of the property and it might potentially harm your credit score. How do tax...