Tag Archives: accounting
Most Common Mistakes Taxpayers Make on Their Taxes
Tax season can be an extremely stressful time for accountants and taxpayers alike. Doing your taxes can be an extremely complicated process without the right help, and people are bound to make mistakes from time to time when dealing with … Continue reading
The SEC’s Crypto Crackdown Is Just Getting Started After FTX Blowup
The U.S. Securities and Exchange Commission (SEC) has recently ramped up its efforts to crack down on the burgeoning cryptocurrency market. This increased scrutiny follows the blowup of cryptocurrency exchange FTX, which was accused of violating federal securities laws. The … Continue reading
FTX “Accounting Error” Rejected – Coinbase CEO Says Funds Were Stolen
Brian Armstrong, who is the Chief Executive Officer at Coinbase slammed FTX CEO Sam Bankman-Fried. Armstrong strongly disagrees with the FTX owner’s story of how his company ended up with $8 billion in debt.… Continue reading
DSJ Announces Bifurcation
Demasco, Sena & Jahelka LLP Announces Bifurcation of Firm
… Continue readingGas Tax Revenue Continues to Fall, More States May Tax EV Mileage
It’s no secret the country has been buying and using more and more electric vehicles over the last few years. The increased popularity of hybrid and electric vehicles alike is taking a serious toll on the tax revenue collected across … Continue reading
Inflation Reduction Act – DSJ Breakdown
The Inflation Reduction Act was recently signed into law by the Biden Administration. The goal of this act is to build back an economy that is beneficial for all hard-working American families. There are several details incorporated into this bill … Continue reading
State Sales Tax Rates – The Highest They Have Ever Been
Recently, we have been able to see new district taxes implemented begin to level off. Regardless, a new report indicates that State and Local sales tax rates are at the highest levels they have ever been.
Since the pandemic began, … Continue reading
Who Invented Accounting? – DSJ History Lesson
The entire world and its economy would not function the way it does currently if not for the concept of accounting. Somewhere along the way, this concept had to have been invented. But when and by who? In this article, … Continue reading
The Top Tax Scams of 2022 – IRS makes the “Dirty Dozen” List
Unfortunately every tax season there is a plethora of scams and other plots against the beloved Internal Revenue Service. 2022 saw the classic schemes that are well known such as email scams or people simply neglecting to file their tax … Continue reading
Taxes On What You Buy
Whether you are out buying groceries, clothes, or other goods and services, there is almost always a tax imposed. The government and state levies many different taxes on things a taxpayer might purchase throughout the course of their life. This … Continue reading