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


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


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


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


The IRS Loves The Oscars

Whether you’re a fan of the Oscars or not, the IRS sure is. They get pretty excited every year. That’s because the Oscars swag bag has been a topic of tax discussions […] Read More

tax filing

Get Your Taxes Filed Before Another Government Shutdown

Don’t think of April 15th as your tax deadline. Not this year. The sooner you file your taxes, the better. That’s because, come February 15th, the government could be shut down again […] Read More

government shutdown

Amid Government Shutdown And Surprise Tax Bills

An end of year government shutdown has made the IRS more short-staffed than ever. And the tax bill passed late in 2017 has created a flurry of confusion. As a result, taxpayers […] Read More