Articles

IRS Intent On Cracking Kraken Cryptocurrency Investors’ Identities

The IRS is determined to crack the identities of cryptocurrency investors. They are now on the hunt toward that end with a John Doe summons. A John Doe summons gives the IRS […] Read More


When NFTs Make You Say WTF

We’ve seen the arrival of cryptocurrency. We’ve seen it rise to great heights and are now watching it plunge to new lows. Some investors have made millions, while some have lost millions. […] Read More


You’ve Received An IRS Balance Due Notice

With the backlogs and confusion created by the pandemic, the IRS announced that it would suppress sending out many balance-due reminder notices until they caught up on processing paper returns, correspondence, and […] Read More


Fewer Audits For The Wealthy More For The Poor

No matter how you look at this pattern coming out of the IRS it only makes sense when you know that the poor taxpayer is more vulnerable and less armed to defend […] Read More


You Might Wish You Hadn’t Received Your Tax Refund Yet

As taxpayers, we know that if we owe the IRS money and don’t pay on time, we’re going to be charged interest. Well, let’s turn the tables. Wouldn’t it be nice if […] Read More


IRS Attention Affecting Crypto Investors Like Kryptonite

If you suddenly feel as though you were a superhero cryptocurrency investor exposed to kryptonite, you are not alone. The IRS tends to have that effect. (If you’re not a Superman fan, […] Read More


Taxpayer Beware – It’s The Height Of Tax Scam Season

Tax season and scams go together like peanut butter and jelly (or whatever your favorite food combo happens to be)! It’s that delicious time of year that criminal scammers love. So, as […] Read More


March Madness, Paying Nannies And Household Help Off The Books And Other Madness

We are right in the middle of the college basketball season known as March Madness and leading up to April 18th which creates a tremendous amount of IRS madness. However, the basketball […] Read More


Here We Go Again – IRS Opens Tax Season on January 24th

Starting on January 24th this year you can file your 2021tax returns with the IRS. Those taxpayers expecting a tax refund are often the early filers. However, this year, despite being an […] Read More


Holiday Tips To Keep You Off The Scammers’ Victim List

For the sixth year in a row, the IRS and its Security Summit partners have dubbed the week after Thanksgiving National Tax Security Week. This is the season for tax scams to […] Read More