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Frost & Associates, LLC
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Washington, D.C Tax Attorney
Washington, D.C Tax Attorney

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Victory at the Olympics comes with more than just a medal and prestige, it also comes with a big bonus paycheck. The amount awarded varies depending on the medal. Gold winners will win $37,500 at the Winter Olympics this year, Silver medalists earn $22,500 while a Bronze wins $15,000.

Please click below to read more.


http://www.districtofcolumbiataxattorney.com/blog/2018/02/two-new-tax-laws-impact-olympic-medalists.shtml
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On March 7 at 6pm, in partnership with RCN & Associates, LLC, we will be hosting a seminar on Cryptocurrency Tax Planning Strategies. Click the article below to read an overview of this topic.

http://www.districtofcolumbiataxattorney.com/blog/2018/02/tax-planning-for-the-cryptocurrency-millionaire.shtml
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On December 22, 2017, President Donald Trump signed the Tax Cuts and Jobs Act. This is the first major tax reform since Ronald Reagan was president in 1986. The act replaces the graduated corporate tax rate structure with a flat 21 percent tax, repeals the corporate AMT, lowers the tax rates for six of the seven individual tax brackets, and eliminates personal exemptions while nearly doubling the standard deduction. It should be noted that, generally, the business tax cuts are permanent, while the majority of the individual cuts are scheduled to expire in 2025. These changes are effective for the 2018 tax year and will not affect your taxes for the year 2017. Click below to read more.
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The United States government recognizes that unreported foreign assets translate to lost revenue. Various efforts are made in an attempt to recoup some of these losses. Read more by clicking below.

http://www.districtofcolumbiataxattorney.com/blog/2017/12/how-does-the-us-government-encourage-foreign-asset-reporting.shtml
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