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Who Is On Your Side Against the IRS?
Thursday April 20, 2023 – Description: In this episode of Today’s Tax Talk, we discuss Senator Joni Ernst’s concerns about the IRS enforcement plan under President Joe Biden’s Inflation Reduction Act and its potential impact … Continue reading Who Is On Your Side Against the IRS?
Throwing Money At The IRS
Tuesday April 18, 2023 – The Internal Revenue Service (IRS) has made headlines for its recent improvements in customer service during the 2023 tax filing season. Thjey tell us this is proof $80 billion funding … Continue reading Throwing Money At The IRS
Don’t Panic! How to Get an IRS Extension FAST
Wednesday April 12, 2023 – Tax Day is April 18th this year. Don’t let the change in the date get you. Yes, April 15th is usually Tax Day – but the rule is – and … Continue reading Don’t Panic! How to Get an IRS Extension FAST
Bitcoin Breaks $30,000
Crypto-Tuesday April 11, 2023 – Bitcoin, the world’s largest cryptocurrency by market capitalization, has broken through the $30,000 threshold for the first time since May 2021, marking a significant milestone in its volatile price history.The … Continue reading Bitcoin Breaks $30,000
They Call Him Danny
Wednesday April 5, 2023 – Danny Werfel was sworn in as the 50th Commissioner of the Internal Revenue Service on Tuesday April 4, 2023. While Commissioner Werfel was sitting through his Senate confirmation hearing, the … Continue reading They Call Him Danny
IRS “Truck” Coming
Monday January 30, 2023 – The IRS recently announced a delay for implementation of $600 reporting threshold for third-party payment platforms’ Forms 1099-K. Tax year 2022 will be a “Transition” year. As one tax expert … Continue reading IRS “Truck” Coming
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
