Monday July 25, 2022 – Nothing Is More Expensive Than a Free Government Service. There is plenty of evidence to support that contention. Senator Elizabeth Warren, along with 22 additional Democratic lawmakers, has proposed providing … Continue reading Should The IRS Prepare Your Tax Return?
IRS Has A Plan!
Thursday July 21, 2022 – On Wednesday the IRS published a 26-page IRS Strategic Plan FY 2022–2026 (Publication 3744). The publication intends to “share [their] strategic priorities and how they shape the important work that … Continue reading IRS Has A Plan!
Will Blockchain Survive Crypto Crash?
Tuesday July 19, 2022 – We all know about the Crypto Crash. If Crypto never recovers, does that mean the end of Blockchain too? In this space, we have long held that crypto, while interesting … Continue reading Will Blockchain Survive Crypto Crash?
IRS Political Audit?
Thursday July 7, 2022 – The IRS is being accused, yet again, of political targeting. This time the alleged targets are former FBI Director James Comey and former Deputy Director Andrew McCabe. Both men were … Continue reading IRS Political Audit?
Surprise, Expatriation Tax
Wednesday July 6, 2022 – More US citizens than ever are renouncing their US citizenship. While politics plays a part – the most common reason is TAXES. US Expatriates (those Americans living outside the country) … Continue reading Surprise, Expatriation Tax
El Salvador Bitcoin Gamble
Tuesday July 5, 2022 – We have reported on the El Salvador experiment in this space. Last year on September 7, 2021, El Salvador made the US Dollar and Bitcoin its national currency. The country … Continue reading El Salvador Bitcoin Gamble
IRS Tax Tips for Gig Workers
Thursday June 30, 2022 – Taxpayers can subscribe to IRS “Tax Tips to get easy-to-read tips about taxes via e-mail from the IRS throughout the year.” Tax Tips are brief, to the point and cover … Continue reading IRS Tax Tips for Gig Workers
Who Can Claim Child as Dependent?
Wednesday June 29, 2022 – One of the most common IRS questions I receive is from Parents who are divorced, separated, never married or live apart and who share custody of a child with an … Continue reading Who Can Claim Child as Dependent?
Understand IRS Form CP2000
Monday June 27, 2022 – Get ready Taxpayers! The IRS Notice season will soon be upon us. That means you can expect the IRS to start sending notices about taxes you owe, but also notices … Continue reading Understand IRS Form CP2000
IRS – Making Progress??
Wednesday June 22, 2022 – Everyone knows – The IRS is behind on processing tax returns. They are still processing 2020 tax returns – but predict the backlog will be cleared this week. The IRS … Continue reading IRS – Making Progress??
