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
Unlocking the Potential of Account Abstraction
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
GOP Wants to Shrink IRS by $70 Billion
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
What is a 1099-K Used For?
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?
1099-K Rule Delayed: What You Need To Know
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
Top 5 Industries Blockchain Will Change FOREVER!
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!
GOP Cuts IRS Spending?
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?
Ban Crypto? REALLY?
Tuesday December 20, 2022 – Should our government make rules for issues and areas they don’t understand? The answer to that question isn’t really an issue. Because, if government should or shouldn’t doesn’t matter. Government … Continue reading Ban Crypto? REALLY?
Billionaire Sues IRS
Wednesday December 14, 2022 – Remember last year when Pro Publica revealed the confidential tax information of some of the wealthiest Americans? Remember how the IRS pledged to “get to the bottom” of the crime … Continue reading Billionaire Sues IRS
Crypto: Here to Stay?
CryptoTuesday December 13, 2022 – As we approach the end of 2022 Crypto News seems to be all negative. Many are asking, “Is this the end of Crypto?” What is the answer? In my opinion, … Continue reading Crypto: Here to Stay?
