IRS RULES

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Dec 22 2025BUSINESS

Tax Tips: Meals and Miles

Tax time can be confusing, especially when it comes to figuring out what counts as a business expense. Two experts from Wisconsin, Rick Kutch and Mark Leeder, share some key points to help business owners stay on track. First, let's talk about meals. Many people think any meal eaten during work hou

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Nov 14 2024FINANCE

Bitcoin Boom: How to Stay Tax-Smart Before 2025

Bitcoin is hitting new highs, but crypto investors should keep an eye on something else: taxes. Starting in 2026, brokers will report crypto sales on Form 1099-DA, listing gross proceeds from 2025. By 2027, they'll include your original purchase price, known as the "basis. " This price is crucial be

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Oct 07 2024FINANCE

Crypto Taxes: The US Treasury Tightens Rules for Traders

Are you a crypto trader? The US government is about to make your life a little different. The Treasury Department and IRS have rolled out new rules that will change how cryptocurrency exchanges operate, especially when it comes to taxes. From now on, if you use a centralized exchange like Coinbase,

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