With the 2024 filing season winding to a close, the IRS is rolling out its […]
Category: Tax
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 […]
Look What PwC Made the Australian Government Have to Do
The Australian government released exposure draft legislation yesterday in response to “the PwC matter” and […]
The IRS Has Stopped Processing ERC Claims Because ERC Mills Are Scamming the F*ck Out of Them
The IRS announced today that it has issued an immediate moratorium on processing new employee […]