IRS Launches New Cryptocurrency Tax Evasion Detection Program

Other Posts in this Series Part II: New Cryptocurrency Tax Tips In March of this year, the IRS’s Office of Fraud Enforcement announced the kickoff of “Operation Hidden Treasure”—a program staffed by a dedicated team of IRS investigators trained in cryptocurrency and virtual currency tracking and focused on identifying taxpayers...

Are IRS Collection Activities Affected In Any Way By Politics Of Treasury Department Orders?

The IRS does not ask DOJ to file suits against all delinquent taxpayers and DOJ does not always agree to do so when asked. Usually, there is a confluence of bad behavior plus a collection statute of limitations (10-years, including additional time for suspensions) about to run. The complaint in...

April 2021 Tax Newsletter

In the Heat of Tax Season! If you're interested in minimizing your tax obligations and maximizing your savings, consider the helpful tips and ideas you'll find in this newsletter. Call if you would like to discuss how any of this information relates to you. If you know someone that can...