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Kevin McKernan Kevin McKernan

Cryptocurrency in Estate Planning

Cryptocurrency can be complex and unforgiving, especially in estate planning. Discover how to navigate this digital terrain and protect your holdings. Don't risk losing access to valuable funds forever!

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Kevin McKernan Kevin McKernan

IRS – UPDATES ON THE DIGITAL ASSETS QUESTIONS; TAXPAYERS SHOULD CONTINUE TO REPORT ALL DIGITAL ASSETS INCOME

The Internal Revenue Service reminded taxpayers today that they must again answer a digital asset question and report all digital asset-related income when filing their federal income tax returns for fiscal year 2022, just as they did for fiscal year 2021. The term "digital assets" has replaced the term "virtual currencies," a term used in previous years

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