With April 15 come and gone I figured now would be a good time to […]
Category: Tax
Tax Preparer Finds Out in the Worst Way Possible That ERC Wasn’t a Free Money Glitch
A federal grand jury in Newark, New Jersey, returned an indictment Wednesday charging tax preparer […]
There Are a Few Familiar Topics on the 2024 IRS Dirty Dozen List
With the 2024 filing season winding to a close, the IRS is rolling out its […]
The IRS Is Ready to Strike the Fear of God Into Anyone Who Took ERC
For posterity’s sake, here’s what the IRS says about its open Employee Retention Credit (ERC) […]
Executive Mile High Club Members Take Note: The IRS Is Going After Private Jets Now
They are also utilizing puns in press release titles which is somehow scarier. Announced Wednesday, […]
Weekend Discussion: “The System Is Very Close to a Tipping Point of Massive Non-Compliance”
Said accounting profession veteran Kim Moody in Financial Post: In my view, the system is […]
F in the Chat For All the Clients Losing Their CPAs to Higher Fees This Year
An incredible phenomenon is underway, one that many tax pros have been begging their compadres […]
Tax Season 2024 Hasn’t Even Started and It’s Off to a Fantastic Start
Obligatory /s Reuters, just moments ago: A U.S. federal government shutdown in coming weeks would […]
Las Vegas Restaurateur Bamboozled His Accountant Into Filing Phony Tax Returns
Today in clients behaving badly, the DoJ announced Friday that Las Vegas restaurateur Raul Gil, […]
Condoms Are Tax Deductible If You Blow Dudes For a Living and Other Tax Advice for SWs
Washington Post published an intriguing piece on Friday entitled “The prostitute nudging sex workers to […]
Government Shutdown Would Mean ‘Dire Consequences’ to Taxpayers and Practitioners, Says AICPA to Treasury Threateningly
While some may think the AICPA’s only purpose is blocking attempts to change CPA licensure […]
The IRS Is Graciously Letting Taxpayers Withdraw Some Bad ERC Claims
On Thursday the IRS announced a special withdrawal process to help those who may have […]