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Understanding Identity Theft

The thought of falling victim to identity theft might be a horrifying possibility to taxpayers; however, there are ways to protect yourself and decrease your chances. What is identity theft? Tax identity theft is impersonating a taxpayer, mostly to illegally receive a refund on their behalf, and millions of U.S. taxpayers fall victim to this [...]
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Starting a Business in Delaware

Thinking about starting a business in Delaware? One of the first things to consider when starting a business in the United States is the state of formation. This decision must be carefully made, considering its long-lasting impacts on the success of the prospective business to be formed. Delaware has become a popular choice among entrepreneurs [...]
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The IRS Has Its Eyes on NFTs and Cryptocurrencies

The Crypto market capitalization, calculated by multiplying price of the cryptocurrency by the number of coins in circulation, went over $1 trillion in 2021. A substantial portion of the market capitalization relates to the nonfungible token (“NFT”) market. NFT sales volume totaled $24.9 billion, $4.8 billion of which is related to NFT gaming. For perspective, Crypto market capitalization [...]
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