The COVID-19 pandemic has changed how we work. The need to social distance and reduce unnecessary contact with people to help lower the risk of spreading the virus back in 2020 forced many employers to shift to a remote workforce. Instead of coming into the office,...
U.S. Tax Law Blog
Feds target cryptocurrency to look for tax evasion
Uncle Sam wants a piece of your cryptocurrency, and he is not afraid to put some effort into getting his share. At least that was the message of a recent report released by the United States Treasury Department. According to the release, the feds are investing in...
Have New York and California taxes led to a mass exodus?
The basic tax structure in the United States went through a major overhaul with the Tax Cuts and Jobs Act (TCJA) about three years ago. One major change involved limits on the deductions taxpayers could take on their federal tax returns for state and local tax...
All Tax, All The Time
Welcome to our rebranded identity. A focus on the Goldburd Name is more than just utilizing a logo. It reflects who we are, what we do, and how we help our clients. Why Rebrand? has come a long way since Joe and Susan began the firm in...
Taxpayers beware, feds call on IRS to fund American Families Plan
President Biden’s American Families Plan calls for an influx of hundreds of billions of dollars. The plan outlines opportunities to increase the educational offerings available for young children in our country and expand paid family leave options for workers. But how...
Can the IRS limit my travel if I have a tax bill?
The United States Tax Code is a complicated and powerful set of laws. It provides the government with various tools to better ensure compliance. One example: the ability to restrict travel. In some cases, the government can restrict international travel if the...
IRS announces changes to employee retention credit program
The Internal Revenue Service (IRS) recently announced updates to its employee retention credit (ERC) program. The agency clarifies the updates are specifically for the first and second quarters of 2021. The credit, as noted in a recent publication in the Journal of...
Taxpayers face headaches as IRS funding shrinks
The Internal Revenue Service (IRS) has faced funding cuts that have led to a decrease in staff. This, paired with the impact of the pandemic, has created an environment that, as noted in a recent piece in ProPublica, “is failing our taxpayers.” The agency is late in...
Three things to know about timeshares and taxes in Florida
Whether enjoying the sunny weather and relaxed atmosphere of a beach town or looking to spend more time at a popular amusement park, a timeshare provides an opportunity to make the most out of a destination you enjoy. Like any large purchase, it may impact your taxes....
IRS’ latest crypto efforts focus on $20,000 or more in transactions
The Internal Revenue Service (IRS) has made its focus on cryptocurrency clear in recent years. The feds expect taxpayers to report and, when applicable, pay taxes on these transactions — and they are not afraid to get aggressive to gather information on who is trying...

