News & Perspective

WAYFAIR DECISION EVENS PLAYING FIELD

Wayfair decision evens playing field. The Wayfair Tax decision happened, due to large online retailers like Walmart and Amazon flouting again the IRS Tax System, so they can maximize profits at the expense of the American Economy, by not paying... Read More

INQUIRY INTO AUDIT OF COMEY AND MCCABE

Inquiry into audit of Comey and McCabe. The head of the IRS has asked the Treasury Department's internal investigator to check into the audits of the perceived foes of former President Trump, former FBI Director James Comey and former FBI Direc... Read More

WHO SHOULD GET CREDIT FOR ADDED REVENUE

Who should get credit for added revenue. In politics everything is relative. Whenever the economy is doing well, the party in power wants to take credit for it, even though the policies from the prior Administration may have started it on its w... Read More

TAX DEBT IS HELD TO BE DISCHARGED

Tax debt is held to be discharged. In our ongoing coverage of Tax Court cases, this case is of Nicole Golden and her husband, Stephen Alter, who timely filed an extension until Oct. 15th, 2009, for the 2008 tax return but did not file the retur... Read More

TRUCK DRIVERS STATUS HURTS SUPPLY CHAIN

Truck drivers status hurts supply chain. The type of status you have and list on your tax return, will determine the type of tax return you fill out and the type of taxes you have to pay. If you make a mistake the IRS can come back on you. We ... Read More

OUTDATED TECH THE REASON FOR RETURN FIASCO

Outdated tech the reason for return fiasco. Over the last decade, prior to the Biden Administration's plan to update the IRS workforce and technology, the IRS had the oldest computer system in the entire U.S. Government. When 30 million informa... Read More

INCREASED TAX REVENUE CLAIMED

Increased tax revenue claimed. The economy has been in the toilet for some time, and with Covid still around, added to the fact that the war in Ukraine has cast a shadow over economic conditions, along with supply chain issues, you would think ... Read More

SUPPLY CHAINS AND TAX PROFESSIONALS

Supply chains and tax professionals. Now that the Covid pandemic is at a stage where most agree its not going anyway, many disruptions in the economy have happened and will continue to happen. One has to do with the supply chain. With so many c... Read More

CHRISLEY’S CONVICTED OF TAX FRAUD

Chrisley's convicted of tax fraud. Todd and Julie Chrisley, the famous TV show personality's have been convicted on all counts of bank and tax fraud after a three week trial. The Chrisley Knows Best starts could get up to 30 years behind bars. A f... Read More

TAX PROFESSIONALS ADAPTING TO SUPPLY CHAIN

Tax professionals adapting to supply chain. With the supply chain causing havoc worldwide, governments, companies, and even Tax Professionals have had to alter the perception of the supply chain that was created after both World War One and Two... Read More