Category: Today’s Tax Talk

Wednesday February 9, 2022 – “The IRS announced today the suspension of more than a dozen additional letters, including the mailing of automated collection notices normally issued when a taxpayer owes additional tax, and the … Continue reading IRS Stops Notices →

Tuesday February 8, 2022 – To understand Cryptocurrency, you have to understand blockchain technology. Once you understand blockchain technology, you will also understand Non Fungible Tokens (NFTs), & Decentralized Autonomous Organizations (DAOs). Today we have … Continue reading Blockchain – NFT – DAO – Explained →

Monday February 7, 2022 – Last week we reported on the IRS plan to use facial recognition software from ID.ne to verify taxpayers identities before they could gain access to their own tax information. We … Continue reading IRS – “ID.me Out” →

Saturday February 5, 2022 – Attorney Steven A. Leahy appears on David Hochberg’s Home Sweet Home Chicago Radio Show on WGN 720 AM. Attorney Leahy discusses IRS plan to require facial recognition of taxpayers before … Continue reading Home Sweet Home Chicago – February 5, 2022 →

Thursday February 3, 2022 – Beginning this summer, the IRS may require taxpayers to use the ID.me facial recognition software to access sensitive taxpayer information. The effort to secure all our private data is admirable. … Continue reading IRS Facial Recognition & ID.me →

Wednesday February 2, 2022 – The IRS calls an audit an “Examination of Returns.” The IRS accepts most federal tax returns just as they are filed. Some returns, however, are selected for review. The IRS … Continue reading Avoid IRS Audits →

The U.S. Securities and Exchange Commission has added a new stock exchange – one that will contain blockchain technology. BOX Exchange (BSTX), is the 17th Exchange in the US, The SEC has taken an important … Continue reading SEC Approves BOX Exchange (BSTX) →

Monday January 31, 2022 – Charlie Sheen’s CPA is getting around. I reviewed the email he sent to me about our December story on this case. Mr. Jager also contacted Forbes about this case. We … Continue reading Charlie Sheen – Again →

Thursday January 27, 2022 – Recently we reviewed the National Taxpayer Advocate’s Annual Report to Congress. The big news out of that report was the finding – by the Taxpayer Advocate Erin Collins – that … Continue reading Serious IRS Problems “At a Glance” →

Wednesday January 26, 2022 – We reported on the Charlie Sheen Tax Court case. My reporting was based on a story in Forbes. Charlie Sheen’s representative, Steven Jager, contacted me about our original story. I … Continue reading Charlie Sheen Tax Court Update →