March 31, 2025 - Best Tax Accountant in Woodbridge, VA

What You Need to Know About Form 8308: When a Partner Sells or Trades Their Interest

What You Need to Know About Form 8308: When a Partner Sells or Trades Their Interest

Form 8308 ensures accurate tax reporting when partners sell or trade shares, preventing IRS penalties and misclassification of taxable hot assets.

March 31, 2025

The Great Business Blunder: How Gary’s Paper Clip Dream Became an IRS Nightmare

The Great Business Blunder: How Gary’s Paper Clip Dream Became an IRS Nightmare

Gary’s ‘artisanal paper clip’ empire, built on delusion, crashed against IRS reality. Hobby losses don’t equal business, lessons learned painfully.

March 31, 2025

Tariff Turmoil or Economic Signal? The Makings of a Stock Market Correction

Tariff Turmoil or Economic Signal? The Makings of a Stock Market Correction

The S&P 500 entered correction territory amid tariff-driven inflation fears, slowing consumer demand, and increasing market uncertainty.