by Christy Lee | Dec 1, 2019 | Cracking the Tax Code with Christy
If you’ve opened a marijuana dispensary recently, you’re probably pretty familiar with the financial challenges posed by the current tax laws. In general, except for the cost of goods sold, or “COGs,” Uncle Sam disallows expenses incurred by businesses that...
by Christy Lee | Nov 1, 2019 | Cracking the Tax Code with Christy
Once again the IRS is advising all taxpayers who have invested in online currencies (also known as cryptocurrency) to claim and pay taxes on their earnings or claim their losses. In 2014, when virtual currencies began to make their debut across the globe, the IRS...
by Christy Lee | Oct 15, 2019 | Cracking the Tax Code with Christy
Tax scammers are back at it, attempting to steal taxpayers’ identity by pretending to be the IRS hounding down the innocent. While these scam artists work year-round, taxpayers should be on the lookout for the newest of scams related to the tax world. One new scam...
by Christy Lee | Sep 15, 2019 | Cracking the Tax Code with Christy
In July, the IRS released a statement that thousands of taxpayers who had previously invested in online currencies (also known as Cryptocurrency) will begin receiving letters advising them to pay taxes on their investments. The reason? While Cryptocurrency was...
by Christy Lee | Aug 1, 2019 | Cracking the Tax Code with Christy
In an effort to fulfill the IRS’s mission, Uncle Sam provides a Bill of Rights for Taxpayers. Before you get too excited, refresh your memory about the Mission Statement: Provide America’s taxpayers top-quality service by helping them understand and meet their tax...
by Christy Lee | Jul 29, 2019 | Cracking the Tax Code with Christy
We’re a fast-paced tax boutique law firm with offices in Anchorage, Alaska; Fort Worth, Texas; and Honolulu, Hawaii. We’re tax ninjas, and we operate under the creed that the first priority is to win without having to fight. We don’t freeze up or run away from...