by Steven J Weil, PhD, EA, LCAM | Oct 29, 2021 | Blog, Business Tax, Personal Tax
November 1, 2021 Dear Friends, For the first time in 40 years, taxes on income and wealth transfers may be headed higher, making tax planning more important than ever. As a client of RMS Accounting, we are pleased to offer you a FREE year-end tax planning appointment....
by Steven J Weil, PhD, EA, LCAM | Sep 20, 2021 | Blog, Investments, Personal Tax, Wealth
A whole new world has opened to me and I don’t like it one bit. As I recently turned 65, the nature of my mail, Facebook feed and email have changed. I have suddenly become the target of every financial planner, investment product, tax savings event, webinar and free...
by Steven J Weil, PhD, EA, LCAM | Aug 6, 2021 | Blog, Personal Tax
The IRS is sending the fourth round of refunds related to the mid-tax-season change that made much of the unemployment received by tax payers not taxable after they had already filed their tax returns. These refunds effect the 13 million taxpayers who paid taxes on...
by Steven J Weil, PhD, EA, LCAM | Jul 22, 2021 | Blog, Business Tax, Personal Tax
It’s Being Replaced With An Attack Dog Consisting Of Scores Of Auditors & Collection Employees The days of the kinder gentler IRS seem to be coming to and end. IRS SB/SE co-commissioners De Lon Harris and Darren Guillot told attendees at a New York...
by Steven J Weil, PhD, EA, LCAM | Jul 19, 2021 | Blog, Business Tax, Personal Tax
The IRS has released a list of it’s “Dirty Dozen” scams effecting tax payers this year. The top 5 scams on this list some old scams we have seen before and some new ones. These scams cost the government and tax payers every year in both time and dollars so it’s...
by Steven J Weil, PhD, EA, LCAM | Jun 29, 2021 | Blog, Business Tax, Personal Tax
Internal Revenue Service is focusing on tax evasion done with virtual currencies like Bitcoin and nonfungible tokens. This is done by using data analytics to uncover transactions that crypto users assumed are hidden. As crypto and other virtual currencies have become...
