Thursday December 1, 2022 – Inflation has an impact most don’t notice. Inflation exasperates IRS problems. How? The IRS charges interest on all past due balances – and the interest is compounded DAILY. Yes, daily. … Continue reading IRS Interest Rate Increases Hurt
Ye! Tax Troubles
Wednesday November 30, 2022 – Yesterday, Ye (formally Kenya West) appeared on Tim Pool’s PodCast. On that show, Ye told the world “But I found out — OK, so they froze, they put a $75 … Continue reading Ye! Tax Troubles
Crypto Criminal Investigations
Tuesday November 29, 2022 – The IRS will spend $80 Billion, mostly on collections. Part of the collection plan includes expanding the IRS Criminal Investigation Unit. And the Criminal Investigation Unit is focused on Crypto … Continue reading Crypto Criminal Investigations
IRS Warning!
Monday November 28m 2022 – Well, the IRS is now WARNING taxpayers about 1099-Ks. Something this channel has been warning about from the beginning of this idea of the Cash App information return requirements found … Continue reading IRS Warning!
Tax Data Breech
Wednesday November 23, 2022 – There is some disturbing news about your most private data – your tax data. It appears that some of the top tax preparation software companies have been sharing taxpayer data … Continue reading Tax Data Breech
Buy 1 BitCoin A Day!
Tuesday November 22, 2022 – It is Crypto-Tuesday – Today we revisit El Salvador. It was just about a year ago, September 2021, that the El Salvador government adopted bitcoin as legal tender along with … Continue reading Buy 1 BitCoin A Day!
Will GOP Repeal Funding For IRS 87,000?
Monday November 21, 2022 – The inflation Reduction Act of 2022 provided $80 Billion to the IRS primarily to increase collection efforts and improve information technology. That $80 Billion could fund 87,000 new IRS Employees. … Continue reading Will GOP Repeal Funding For IRS 87,000?
Attorney Michael Danielewicz
Friday November 18, 2022 – Meet Attorney Michael Danielewicz, Attorney Danielewicz focuses his practice on Workers’ Compensation. He has strong trial and appellate experience at all levels of both the Workers’ Compensation Commission and Circuit … Continue reading Attorney Michael Danielewicz
Advice For Business Owners – Plus ID.me
Thursday November 17, 2022 – At Opem Tax Advocates we are passionate about helping business owners lower their tax bill, avoid audits, and grow their business. So, today, we review an article pointing out that … Continue reading Advice For Business Owners – Plus ID.me
New IRS Commissioner
The Biden Administration has named a Nominee to take over the IRS. His name is Daniel Werfel, now Managing Director and Partner of the Boston Consulting Group. IRS Commissioner Chuck Rettig’s term formally ended on … Continue reading New IRS Commissioner
