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tax filing

Calling All Early Birds For The Official Start Of 2019 Tax Filing Season

The IRS has announced the official opening of the 2019 tax filing season. They will begin accepting and processing tax returns on Jan. 27, 2020. As always, there are quite a few […] Read More


The IRS

You May Be Surprised To Discover That The IRS Has Christmas Spirit

One doesn’t normally place ‘Holiday Spirit’ and ‘The IRS’ in the same sentence. Don’t get too excited just yet! And don’t worry, they are not handing out Christmas bonuses! This outpouring of […] Read More


tax scam

The Season Of Thanks And Giving And Scamming

There’s a new tax scam just in time for the holidays. Just in time for the first festive celebration of the holiday season, The Internal Revenue Service is cautioning taxpayers as well […] Read More


late filing penalties

Expect Big Penalties If You Miss The October 15 Tax Filing Extension Deadline

Perhaps you knew you were going to need more time and you actually filed IRS Form 4868 on or before the April 2019 filing deadline. Good for you, if you did. That […] Read More


cryptocurrency

Small Cryptocurrency Players Not In IRS Crosshairs

The IRS is setting their sights on cryptocurrency. Last month I wrote about letters the IRS was sending out to more than 10,000 taxpayers who are also holders of virtual currencies. (See: […] Read More


cryptocurrency

The IRS Is Making One Thing Crypto-Clear

Have you joined the cryptocurrency boom? If you currently have or have had a cryptocurrency account and invest in, trade in or otherwise do business in cryptocurrencies, you must report that activity […] Read More


summer job

Summer Jobs Teach Teens About Taxes

So your kid has landed a summer job. Great news! A first summer job that requires a kid to fill out a W4 form is exciting and also eye-opening since this is […] Read More


Hurricane Season

Taxes Behind Us, Hurricane Season Ahead, Vacation Season In-Between, Scams All Around

Don’t relax just because tax season is done. While Tax Season for individuals may be over, businesses have quarterly deadlines and individual late filers live in a perpetual state of concern over […] Read More


divorce

The IRS Is Really Messing Up Splitting Up

Divorce pre-2019 was messy but divorce post-2018 is going to be hellish. That’s due to the 2017 Tax Cuts and Jobs Act which reverses a law that was introduced 77 years ago. […] Read More


college cheating

Cheating To Get Kids Into College = Cheating The IRS

The title of this piece is not a fancy math problem. It’s simply the equation for a bunch of highfalutin cheats getting caught. And, it’s all the buzz; wealthy parents paying enormous […] Read More