Category: Today’s Tax Talk

Attorney David R. Schlueter (Dave) is a frequent guest on The Trust Radio Network because of his ability to articulate complicated ideas in an understandable fashion. Attorney Schlueter focuses on Real Estate Transactions, Probate matters … Continue reading Attorney Dave Schlueter →

Nina Olson, former IRS National Taxpayer Advocate from 2001 to 2019, describes the current problems at the IRS as the worst she’s ever seen. This is the second year in a row that the IRS … Continue reading Former Taxpayer Advocate “The Trouble With The IRS” →

Tuesday March 15, 2022 – Security Tokens are all the rage Will security tokens transform equity just as bitcoin has transformed currency? Security Tokens give the owner a direct, liquid economic interest and the expedited … Continue reading Securitized Blockchain Assets →

Monday March 14, 2022 – Bipartisan group of lawmakers pushes IRS for answers on ‘numerous problems’ facing taxpayers. From unprocessed tax returns to failure to answer the phones, the IRS has an unprecedented backlog. Representatives, … Continue reading Congress Wants Answers From IRS →

Thursday March 10, 2022 – Buried in the $1.5 trillion omnibus spending package is a 6 percent raise for the IRS – it isn’t the 80 Billion in 10 year package they were looking for, … Continue reading IRS Budget Boost! →

Wednesday March 9, 2022 – Not all Crypto news happens on Tuesday. Today was such a day. President Joe Biden announced some weeks ago that an Executive Order was coming concerning Cryptocurrency. Today it arrived. … Continue reading Crypto Executive Order →

Tuesday March 8, 2022 – Cryptocurrency was designed to be independent of any organized market – decentralized is the promise. As Cryptocurrency grew, so too, did Government intervention. The IRS has taken the lead role … Continue reading 2022 Crypto Tax Guide →

Monday March 7, 2022 – Remember Obama Care (Affordable Care Act)? There was a provision within the Obama Care Act which would have required businesses to send 1099 forms for all purchases of goods and … Continue reading SNOOP Reverses $600 Venmo Reporting →

Thursday March 3, 2022 – My office is getting lots of calls about passports. My clients (or soon to be clients) are receiving Notice CP508C – Notice of Certification of your seriously delinquent federal tax … Continue reading IRS Passport Revocation →

Wednesday March 2, 2022 – Most of my clients run a small business. And small business owners generally are required to pay the IRS an estimated tax each quarter, because, the United States income tax … Continue reading Penalty for Underpayment of Estimated Tax Explained →