I haven’t seen President Trump’s tax returns. I’m going to start there. No matter how many times I’ve been asked today to offer my “take” on the returns, I can’t give a more honest answer than, “I haven’t seen the returns.” I have, however, read the very detailed article from the New York Times, which…
In May of this year, David A. Staveley (a/k/a Kurt D. Sanborn) of Andover, Massachusetts, and David Butziger of Warwick, Rhode Island, were accused of conspiring to illegally obtain funds through the Paycheck Protection Program (PPP). The PPP offers billions of dollars in potentially forgivable loans to keep workers on the payroll, guaranteed by the Small Business Administration…
After forty-nine years at the Internal Revenue Service (IRS), it’s the last tax season for Carolyn Tavenner. The long-term IRS employee, sometimes called the “Mother of the 1040-EZ,” has announced her plans to retire from the IRS, effective March 2, 2019. Currently, Carolyn is the Project Director for the Tax Reform Implementation Office. Prior to that,…
I’m thrilled to announce the return of Getting To Know You Tuesday. Here’s what you need to know.
On September 8, 2014, Adam Steele filed a class action suit against the federal government seeking to recover allegedly unlawful license fees paid to the Internal Revenue Service (IRS). Steele’s first person take on the PTIN and the case follows.
The Internal Revenue Service (IRS) has officially introduced the new Chief of the Criminal Investigation division. John D. (Don) Fort was appointed in June 2017 after former Chief Richard Weber announced his departure.
Nikolai Gorokhov, the lawyer representing tax lawyer Sergei Magnitsky’s family, is recovering from serious injuries after falling out of a window in his Moscow apartment building. Gorokhov fell just one day before he was scheduled to appear in a Moscow court.
President-elect Donald Trump is expected to name Steven Mnuchin as Secretary of the Treasury.
John C. “Jack” Bogle, the Founder of The Vanguard Group, Inc., and President of Vanguard’s Bogle Financial Markets Research Center, has witnessed more than a few presidential elections in his lifetime. The most current election cycle, though, stands out as “at least the most chaotic within my memory.” He’s not alone. In August, the usually…
There’s a perception that the tax world is static: that’s it’s a bunch of stodgy old accountants hunched over ledger books, crunching numbers. In reality, the tax world is constantly moving, driven not only by an ever-changing Tax Code but by technology. You may not notice it at tax time, but advances in technology are…
