Tuesday April 12, 2022 – Federal Regulators, from most every agency, are looking into regulating all things Crypto. The Biden Administration recently issue an Executive Order – directing them to do do. But, here is … Continue reading Crypto Regulations – State by State
Foreclosure Moratorium – Unconstitutional Taking?
Monday April 11, 2022 – The Governor of Minnesota, Tom Waltz, issues 3 Executive Orders imposing and modifying a moratorium on residential evictions in the state. A property owner of rental units in Minnesota objected … Continue reading Foreclosure Moratorium – Unconstitutional Taking?
IRS Chairman Makes BIG Promise
Thursday April 7, 2022 – Today, IRS Commissioner Charles Rettig said “The IRS could wipe out its massive backlog of returns by the end of the year.” To do that, the IRS has revealed a … Continue reading IRS Chairman Makes BIG Promise
States Fight Over Workers’ Taxes
Wednesday April 6, 2022 – It’s tax time and the battle is on! COVID created a whole class of employees who work in one state (where they live) for a company that has a head … Continue reading States Fight Over Workers’ Taxes
Crypto Growing Pains
Tuesday April 5, 2022 – With Cryptocurrency going mainstream, the regulators are trying figure out exactly what is permissible and what is not. BlockFi is platform that offers bank-like services. BlockFi’, hoped to expand the … Continue reading Crypto Growing Pains
Better Claim Your 2018 Refund
Wednesday March 30, 2022 – Did you know that the IRS will confiscate your tax refund if you don’t file your tax return? Actually, they will hold it for three years from the date the … Continue reading Better Claim Your 2018 Refund
Blockchain Overrated?
Tuesday March 29, 2022 – We have touted the Blockchain and Cryptocurrency as the future in this space for some time. The promise of Blockchain as to tool to cut out the middleman, reduce transactions … Continue reading Blockchain Overrated?
And The Winner Is – The IRS!
Monday March 28, 2022 – You may have heard about the BIG news at the Oscar’s last night. That’s right the “Everyone Wins” gift bags were filled with gifts worth a total of $137,000.00!! And, … Continue reading And The Winner Is – The IRS!
Attorney Dennis Favaro
Attorney Favaro protects, defends and advocates for the rights of Illinois employees. Dennis R. Favaro is a principal and managing partner of Favaro & Gorman, Ltd. He has provided legal counsel and services, including all … Continue reading Attorney Dennis Favaro
Thank You Emancipation Day!
Wednesday March 23, 2022 – Everyone knows that tax day is April 15th. Our tax returns are due on April 15th no matter what. Or are they. COVID caused a disruption. In 2021 the IRS … Continue reading Thank You Emancipation Day!
