Will Beyoncé Change The Tax Man’s Tune

I wonder if Beyoncé’s current dealings with the IRS will inspire her to do a cover of the Beatles, The Tax Man. The IRS is determined to focus its attentions on more […] Read More

2022 Tax Filing Deadline Passed But There Are Unclaimed Refunds From 2019 Tax Year

The official deadline for filing 2022 federal taxes has just passed. If you managed to get your taxes filed on time, congratulations. I’m sure you feel a sense of relief. However, there […] Read More

An image of yellow signs stacked on a post against a blue sky with a dollar sign in a diamond-shaped sign and the word "taxes" in a square sign below.

Alabama And Georgia Disaster Areas Get Six More Months To File Federal Tax Returns

American taxpayers are required to meet the April 18th deadline for filing and paying federal taxes. But this year, federally declared disaster areas in a few states have been granted a six-month […] Read More

delinquent taxpayers

Maybe The IRS Will Finally Leave Middle- And Lower Income Taxpayers Alone

It’s been going on forever. The IRS takes the easy way out when it comes to auditing taxpayers. They go for the low-hanging fruit – those people who have the fewest resources […] Read More

IRS Delays $600 Form 1099-K Requirement

Last month I wrote about a few year-end scams and IRS alerts to keep taxpayers abreast of important information. One of those alerts was about the IRS requirement for third-party payment platforms […] Read More

Cryptocurrency Will Be Major IRS Focus In Upcoming Tax Season

If you’ve invested in cryptocurrency, you’ll have to agree that 2022 has not been the best of years for your investment. Nonetheless, the IRS is turning an ever more focused eye on […] Read More

End Of Year Withholding Review

We are coming to the end of another year and it’s time to do a little bit of tax housekeeping. Nothing big, just a small detail that can make a big difference […] Read More

Crowdfunding Campaigns And Tax Responsibilities

How many times have we seen it on social media sites; a family member or friend has faced an unexpected and tragic accident, illness or loss and someone launches a crowdfunding campaign […] Read More

Really, The IRS Check Made Out To You Is Likely Already In The Mail

Believe it or not, the IRS is refunding late filing penalty fees to taxpayers who filed their tax returns late for filing years 2019, 2020 and 2021 and who have their taxes […] Read More

A Double Dose Of Grace Dished Out With Federal Student Loan Forgiveness

When you take into consideration that some people have been paying off student loans sometimes decades after they graduated, a collective cheer must have been released into the ethers on August 24th […] Read More