by victorytaxlaw | Oct 27, 2023 | Tax Tips
Taxation of Employee Benefits: A Comprehensive Guide Understanding the Taxation of 401(k) Contributions Navigating the Tax Implications of Employer-Paid Life Insurance Premiums Delving into the Taxation of Employer-Provided Educational Assistance The Crucial Role of...
by victorytaxlaw | Oct 27, 2023 | Tax Tips
The Difference Between Nonprofit and Tax-Exempt Organizations Unrelated Business Income Tax (UBIT): A Deep Dive for Nonprofits Taxable Income for Nonprofit Organizations: Unraveling the Myths Navigating Audit Procedures for Nonprofit Organizations The Nuances of...
by victorytaxlaw | Feb 14, 2023 | Featured, IRS News, Tax Preparation, Tax Tips
According to a 2022 study done by the Pew Research Center, 76% of Americans reported using a peer-to-peer payment app such as Paypal, Venmo, Zelle, or Cash App. Given the popularity of these apps and the number of transactions that take place on them, it should come...
by victorytaxlaw | Jan 23, 2023 | Featured, Tax Tips
While the buzz around cryptocurrency may have settled down a bit in the past few months, it is safe to say that crypto has become one of the more popular investments among Americans. According to a study by Pew Research from August 2022, 16 percent of adults in the...
by victorytaxlaw | Dec 28, 2022 | Featured, Tax Tips
As the premier tax law firm in the United States, Victory Tax Lawyers has tremendous expertise in every facet of tax law, including related to IRS Revenue Officers. When the IRS needs to collect tax debt from a delinquent taxpayer, the agency may assign a revenue...
by victorytaxlaw | Dec 9, 2022 | Featured, Tax Tips
As many taxpayers who have ever had unpaid back taxes know, the IRS will do everything in its power to recover the money they are owed. While most people are aware that the IRS can file liens and levies on assets and property, many people are surprised to hear that...
