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Blog

The Kinder Gentler IRS is Soon To Be Dead

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 University...

Top Five Scams on IRS Dirty Dozen List for 2021

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...

Bills from the Hill between July 2 through July 8, 2021

Jul 9, 2021 | Blog

Below is a list of tax bills introduced in Congress for which bill text became available between July 2 and July 8, 2021. The bill text for each bill can be accessed by clicking on the bill number. Individuals H.R.2984 - Investing in American Workers Act. To provide a...

IRS is Using Data Analytics to Track the Use of Cryptocurrency for Tax Evasion

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...

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