TAXES Archive

Tax pros are subject of ‘spearphishing’ attacks

Letters from IRS to warn taxpayers about possible QOF actions needed

aallenlenth April 12, 2022 No Comments

TweetShareSharePin0 Shares Taxpayers who may need to take additional actions related to qualified opportunity funds (QOFs) should begin receiving letters in the mail in April. the IRS announced Tuesday. The IRS said it will begin sending letters this month to taxpayers, including corporations or partnerships organized as a QOF, whose Form 8996, Qualified Opportunity Fund,

Acute IRS challenges had chronic origins, GAO reports

aallenlenth April 12, 2022 No Comments

TweetShareSharePin0 Shares The 2021 tax filing season featured IRS administrative challenges that were unprecedented in scope but long-standing in their causes, the U.S. Government Accountability Office (GAO) said in a report released Monday. And while the issues uncovered in the GAO’s study mostly stemmed from the COVID-19 pandemic’s continuing effects, they are likely to persist

GAO Assesses IRS 2021 Filing Season Progress

aallenlenth April 12, 2022 No Comments

TweetShareSharePin0 Shares 0 Flares Filament.io Made with Flare More Info“> 0 Flares × It is a busy couple of weeks for blogging crew. For those wanting a fix of tax administrative news pending our next substantive post, we recommend taking a look at the GAO report 2021

Tax on second job

aallenlenth April 12, 2022 No Comments

TweetShareSharePin0 Shares How much to pay tax on the second job? You need to check your employment contract. If you are working in two jobs, then ensure that you don’t fill too much on paying your taxes. Explore more information on this blog. www.dnsassociates.co.uk/blog/tax-on-second-job-how-much-t… Posted by Emma Williams S on 2019-01-19 07:37:12 Tagged: , tax

Tax Consultant Course

aallenlenth April 11, 2022 No Comments

TweetShareSharePin0 Shares To get financially independent, you should first have a job. However, it’s not easy to land a career. You should do well in interviews as well as have useful skills. Advantages and drawbacks going go over many of the actions to be over to employers. An incredible tip for virtually any job is

Principal Residences as Collection Target: TIGTA Criticizes IRS Practice

aallenlenth April 11, 2022 No Comments

TweetShareSharePin0 Shares In The IRS Primarily Uses Lien Foreclosures When Pursuing Principal Residences, Which Do Not Provide the Same Legal Protections as the Seizure Process TIGTA released a report detailing how IRS uses judicial lien foreclosure suits rather than administrative collection tools when it targets a taxpayer’s principal residence to satisfy an assessed liability. The

Financial Consequences For Russia, Understanding US Energy Tax Policy

Carbon Taxes, Wealth Taxes, Marijuana Tax Breaks, and Global Tax Reform

Renu Zaretsky April 11, 2022 No Comments

TweetShareSharePin0 Shares Combining BBB’s climate provisions with a carbon tax. The climate provisions of the stalled Build Back Better Act would reduce net greenhouse gas (GHG) emissions by 17 percent by 2030 at a cost of about $550 billion, according to a new study by the Committee for a Responsible Federal Budget. CRFB estimates that adding a