Sin taxes are excise taxes imposed on goods or behaviors – like booze and cigarettes – that lawmakers deem harmful. In addition to raising revenue,
Read MoreMonth: February 2020
IRS Seeking Volunteers For Taxpayer Advocacy Panel
Taxpayers are often quick to complain about customer service issues. Now, the Taxpayer Advocacy Panel (TAP) is seeking volunteers who are willing to help the
Read More
Cryptocurrency Like Bitcoin Could Be Taxable
Form 1040 may look similar to last year’s return, but there’s one key difference that’s attracting attention: a question about cryptocurrency. As I reported late last
Read MoreIRS Has A New Tool To Fight Against Identity Theft
Despite a steep drop in tax-related identity theft in recent years, the scam remains serious enough to earn a spot on the agency’s 2019 “Dirty Dozen”
Read More
IRS Calls Tax Filing Season Open Successful
The Internal Revenue Service (IRS) has successfully opened the 2020 tax filing season. The IRS expects to process more than 150 million individual tax returns,
Read MoreGambling On The Super Bowl? You Bet The IRS Is Watching
I finished a disappointing fourth place in this year’s Fantasy Football. Even worse: I was beaten by a 13 year-old. That might explain why I’m
Read More