And you thought listening was fun!
Monday January 16, 2023 – The Biden Administration is pushing for 87,000 new Internal Revenue Service (IRS) agents in order to increase the amount of audits against families and small businesses. This proposal would cost … Continue reading Taxpayer Protection Act – DOA
Thursday January 12, 2023 – The Taxpayer Advocate Service (TAS) is an independent organization within the Internal Revenue Service (IRS) that helps taxpayers resolve problems with the agency. Each year, by law, the TAS releases … Continue reading Most Serious IRS Problem – Processing Delays
Wednesday January 11, 2023 – With the new House Majority, Republicans are pledging to use their power to identify agencies at which to slash budgets. Their vote on Monday was the first step in this … Continue reading New Congress First Target – IRS
Crypto-Tuesday January 10, 2023 – Account abstraction (AA) is a powerful concept that can help business owners unlock the full potential of Ethereum transactions. AA combines user accounts and smart contracts into just one account … Continue reading Unlocking the Potential of Account Abstraction
Monday January 9, 2023 – The recently seated Republican majority recently proposed a bill that would cut the IRS budget by $70 billion. This proposal has been met with mixed reactions from both sides of … Continue reading GOP Wants to Shrink IRS by $70 Billion
Thursday December 29, 2022 – There is much confusion about the 1099-K, no thanks to the IRS changing the reporting threshold rules – after the reporting threshold rules were changed by the American Rescue Plan … Continue reading What is a 1099-K Used For?
Wednesday December 28, 2022 – The Internal Revenue Service (IRS) recently announced that it is delaying the implementation of 1099-K reporting requirements until January 2023. This delay affects businesses and individuals who receive payments from … Continue reading 1099-K Rule Delayed: What You Need To Know
CryptoTuesday December 27, 2022 – With a tnode o the New Year, this CryptoTuesday Today’s Tax Talk takes a look at the “Top 5 Industries Blockchain Will Change FOREVER!” Here is our list: The banking … Continue reading Top 5 Industries Blockchain Will Change FOREVER!
Friday December 23, 2022 – Attorney Steven A. Leahy sits down with Attorney Nishay Sanan to discuss recent news events from a legal perspective. Attoney Sanan is a frequent guest on the Trust Radio Network … Continue reading Attorney Nishay Sanan
Wednesday December 21, 2022 – There has been much talk in recent weeks about Republicans’ efforts to cut funding to the Internal Revenue Service (IRS). While Republicans are hailing the 2 percent reduction in IRS … Continue reading GOP Cuts IRS Spending?
