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Tag: Taxes

Business
Shutting Down a Sole Proprietorship: What You Need to Know About Taxes

Closing your sole proprietorship or single-member LLC? Understanding the tax implications is crucial. Selling your business assets triggers various tax considerations, including special rules for real estate, different tax treatment for various assets, and non-compete agreement payments taxed as ordinary income. Navigating these tax implications requires careful planning. We’re here to help at IRSProb.com

Tax Law Updates
The Mailbox Rule: A Closer Look at the Pond Case

In the world of tax law, the “mailbox rule” has long been a cornerstone principle, providing clarity and predictability for taxpayers and tax professionals alike.

IRS Delays Cryptocurrency Reporting

IRSProb updates: IRS postpones cryptocurrency reporting. Stay ahead with Texas’ top tax relief experts. Navigate crypto tax waters with us.

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Your IRS Questions Answered Here…

Get expert answers to your IRS queries at IRSProb! Explore our Texas tax relief services including IRS audits, tax liens. Click, learn and relax!