Skip to main content

About Me

First launched in 2019, Textbook Tax is a blog focused on a broad range of tax topics. Textbook Tax covers personal taxation, corporate taxation, flow-through entity taxation, tax court cases, U.S. tax news, and more!

Textbook Tax focuses on providing interesting and helpful tax-related content to its users, allowing readers to gain a strong understanding about the various tax topics! Because Textbook Tax covers such a wide range of tax topics, taxpayers, tax professionals, and students should all benefit from reading and learning from Textbook Tax.

I, the author of Textbook Tax, began the blog while studying for my Certified Public Accounting (CPA) exams. By writing about the topic, I gained a strong understanding about it. I enjoyed writing and blogging about tax, and so, I decided to launch a tax blog, which is now Textbook Tax.

tax education, learn how to do taxes, latest tax news, tax tips

Comments

  1. My rather long internet look up has at the end of the day been compensated with pleasant insight to talk business restructuring in dubai

    ReplyDelete
  2. CPA in san francisco You made such an interesting piece to read, giving every subject enlightenment for us to gain knowledge. Thanks for sharing the such information with us to read this...

    ReplyDelete
  3. Hi Dear,

    I wanted to thank you for this great Information and knowledge, I definitely loved every little bit of it. I have you bookmarked your web site to check out the latest stuff you post. Your blog is eye-catching. I get pleasure from it. Thanks for sharing this beautiful piece of writing. ADIT (the Advanced Diploma in International Taxation) is an advanced qualification in international tax, awarded and administered by the Chartered Institute of Taxation in the UK. Designed by a board of world-leading experts, it has been created to provide the robust foundation in international tax that today’s professional needs to stand out from the crow Please do visit the site for more further details.

    International taxation courses

    ReplyDelete
  4. California estimated tax payments Very efficiently written information. It will be beneficial to anybody who utilizes it, including me. Keep up the good work. For sure i will check out more posts. This site seems to get a good amount of visitors.

    ReplyDelete
  5. Tax return Gold Coast I admire this article for the well-researched content and excellent wording. I got so involved in this material that I couldn’t stop reading. I am impressed with your work and skill. Thank you so much.

    ReplyDelete

Post a Comment

Popular posts from this blog

Gambling Winnings & Losses: How to report gambling income and losses

People love to gamble.  During the past NFL Super Bowl (2019),  gamblers wagered approximately $146 million in Nevada’s sports books, which fell short of the record set the year before of $159 million. The gambling industry continues to grow as U.S. legislation becomes less restrictive relating to the gambling industry.  Because of the size of the gambling market, the IRS set forth guidance to control the tax treatment of gambling winnings and losses. I will discuss income and losses, record keeping, reporting forms, and special rules. If you participate in gambling activities, it is important to know the unique personal tax rules. The term 'gambling' applies to a wide range of activities, including: sports betting, casino games, lotteries, etc. You will need to follow the established gambling tax rules when reporting winnings and losses from gambling activities. Related Posts IRA Income: Must know tax rules relating to your IRA Are your income items taxable? Gamblin

Cryptocurrency Taxation: How does the U.S. tax cryptocurrency? - Textbook Tax

The cryptocurrency market continues to rise in popularity in the U.S. and throughout the world. The decentralized finance ("Defi") sector has seen massive growth. Additionally, ease of access has increased as new and established companies offer crypto services and exchanges. As more and more individuals and institutions adopt cryptocurrency, it becomes more important for people to understand the tax laws and regulations governing the cryptocurrency industry. It is important to note that each country views and regulates virtual currency differently.  The scope of this article covers the crypto tax laws in the United States.  T he IRS defines virtual currencies as  digital representations of value that function as mediums of exchange, units of account, and/or stores of value. Further, t he U.S. views crypto as property subject to capital gains and losses for US federal tax purposes. Based on its designation as property, i n general, there are four taxable events when dealing an

Tax Tips for Remote Workers: Can you claim the home office deduction on your tax return if you worked from home?

You may claim the home office deduction on your tax return if you used part of your home for business. U.S. tax law allows you to deduct expenses related to the business use of your home on your tax return. The tax deduction applies to both homeowners and renters as well as all types of homes. You determine the amount of expense related to business use based on a standard rate provided by the IRS or a calculated rate established by the percentage of your home utilized specifically for business. The two requirements to claim the home office tax deduction include: (1) regular and exclusive use and (2) principal place of your business. Because the COVID-19 pandemic required millions of people to work from home during 2020, many people are wondering if they can claim the home office tax deduction on their 2020 tax return. Below, I will explain in detail the home office deduction requirements to help you determine if you can deduct home office expenses on your tax return. Fair warning,