Monday January 24, 2022 – The 2021 Tax Filing Season opens today. The IRS begins accepting individual tax returns and sending out refunds. The IRS has already alerted the public – through the National Taxpayer … Continue reading Tax Season Opener
Next IRS Plan – Facial Recognition
Thursday January 20, 2022 – The IRS has been promoting IRS.gov for some years, promising a list of online services and ease of use for the taxpayer. Now that there is a record number of … Continue reading Next IRS Plan – Facial Recognition
The Future of Crypto & Blockchain
After reminiscing about the last year, the new year always turns to look to the future. What does the future hold for Cryptocurrency in particular, and Blockchain in general? In my view, new technology brings … Continue reading The Future of Crypto & Blockchain
Free 2022 Tax Preparation
Monday January 17, 2022 – Tax Season officially opens January 24, 2022 – and the IRS has launched Free File Program on January 14th. The IRS Free file Program is a partnership between the IRS … Continue reading Free 2022 Tax Preparation
IRS “IN CRISIS”
Thursday January 13, 2022 – In its annual report to Congress the Taxpayer Advocate’s office concludes “The IRS is in crisis. The Internal Revenue Code requires the National Taxpayer Advocate to submit an annual report … Continue reading IRS “IN CRISIS”
$600 Cash App – 1099K Explained
Wednesday January 12, 2022 – I did a report titled “$600 Cash App Reporting” in October 2021, and a second Report in November 2021. In those reports I explained the new cash app rules and … Continue reading $600 Cash App – 1099K Explained
Taxing Crypto & Blockchain Assets
Tuesday January 11, 2022 – 2021 saw a boom in cryptocurrency and other Blockchain assets (NFTs, DAOs) activity by taxpayers who never even heard of these assets before this year. If these taxpayers are not … Continue reading Taxing Crypto & Blockchain Assets
IRS Sets Date For 2022 Tax Season
Today, Monday January 10, 2022, the IRS has set the date of January 24, 2022 to officially open tax filing season, 19 days earlier than last year. That’s the first day the agency will start … Continue reading IRS Sets Date For 2022 Tax Season
IRS “Tech Giants”
The IRS Budget is $14 Billion Plus, for 2022. They propose spending nearly $Billion Dollars on Information Services and Modernization. That’s a whole lot of money! The IRS has been Modernizing their IT infrastructure for … Continue reading IRS “Tech Giants”
Blockchain Crowdfunding
Blockchain technology is at the heart of Cryptocurrency. Innovators are using that same technology to crowdfund projects, law suits and even commercials. Last week we told you about the Decentralized Autonomous Organization (DAO) that raised … Continue reading Blockchain Crowdfunding