On Monday, I gave a speech in front of the National Association for Enrolled Agents (NAEA) about challenges in the tax profession. One of the
Read MoreMonth: July 2019
IRS Is Still Enforcing Healthcare Tax Rules, Including Penalties
If you’re on the receiving end of a letter from the Internal Revenue Service (IRS), you’re not alone: it’s correspondence season. And the latest batch
Read More
IRS Warns More Than 10,000 Taxpayers Who Might Have Failed To Report Cryptocurrency Income
Taxpayers who deal – or even dabble – in virtual currency may be on the receiving end of a letter from the Internal Revenue Service
Read More
IRS To Target S Corporations & Foreign Disclosures In New Compliance Campaigns
The Internal Revenue Service (IRS) Large Business and International division (LB&I) has announced six additional compliance campaigns for taxpayers. A compliance campaign is a targeted directive on
Read MoreIRS Added 14 Treatments To List Of Preventive Care Benefits
If you’ve grown tired of digging into your wallet to pay for out-of-pocket medical expenses, you might be getting a break. The Internal Revenue Service
Read More
Free Treats With A Side Of Tax Facts On National Ice Cream Day
It’s National Ice Cream Day. And in case you think that it’s a holiday made up by scheming kids to convince parents to give them
Read MoreFamily Loses Court Case After Refusing To Pay Tax Because It Was ‘Against God’s Will’
There is no passage in the Bible that states, “Thou shalt not pay tax.” That was the finding in an Australian court case that garnered
Read More
IRS Introduces New Tax Form For Seniors & It Looks A Lot Like The 1040EZ
What’s the old saying? If you love something, throw it away and then reintroduce it in another tax year? Or something like that? Just as
Read MoreIRS Releases Form 1040 Draft – And It Looks Very Familiar
Just six (or so) months after the Internal Revenue Service (IRS) released the much talked about – and maligned – form 1040 for the 2018 tax year,
Read More
IRS Crime Unit Turns 100
One hundred years ago, six United States Post Office Inspectors were transferred to the Bureau of Internal Revenue (now Internal Revenue Service) to become the first
Read More