Taxes 2022: IRS Watchdog is 'Deeply Concerned' as Agency Faces 'Kryptonite'
"...I am deeply concerned about the upcoming filing season...” National Taxpayer Advocate Erin M. Collins said in the press release.
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Because of Biden, Your Trump Tax Cuts Will Likely be More Complicated This Year
IRS already sending letters to taxpayers warning them about the additional complications.
Venmo, PayPal and Cash App Will Now Have to Report Transactions
Venmo, PayPal and Cash App will now have to report transactions totaling more than $600 to the IRS as Biden plans to ramp up financial enforcement.
Alto Raises $40 Million to Help Individuals Make Tax-Savvy Investments in Assets Like Crypto and Artwork
Average investors are seeking slice of these markets, lured by potential of making outsized returns, even more appealing if they come tax-free.
$1,200 Checks From the IRS Delayed Until 2022
If your tax return had mistakes, claimed the recovery rebate credit, missing anything, etc. you may not see your return anytime soon.
The Rich Take Advantage of Democrats Waiving Taxes on Unrealized Capital Gains
Democrats appear to have nixed the idea of taxing returns on unsold stock and different assets, leaning toward alternate ways of raising income.
IRS Asks Americans To Pay Tax On Illicit Income
Have you received any bribes lately? Embezzled from your company? Got any stolen goods? The IRS would like to know if you are an American.