Monthly Archives: December 2022

The 2022 Tax Offender of the Year

Posted on December 29, 2022 by Russ

It’s time once more for that super prestigious award I give out, the Tax Offender of the Year.  One year there will be no candidates, but 2022 absolutely isn’t the year.  Let’s look first at some who didn’t make the … Continue reading →

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New York, California, and Illinois Lose AGI & Population Per IRS Data

Posted on December 25, 2022 by Russ

The Tax Foundation produced a report showing the overall gain (and loss) of population and taxpayers’ Adjusted Gross Income (AGI) during the second half of 2019 through the first half of 2020.  For the most part, high tax states were … Continue reading →

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IRS Delays New $600 1099-K and Cryptocurrency Trading Reporting

Posted on December 23, 2022 by Russ

Two big announcements from the IRS today will have a major impact on 2022 tax returns (returns filed in 2023).  First, the IRS announced a delay in implementing the $600 reporting for third-party payment platforms (Form 1099-K).  Quoting from the … Continue reading →

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IRS: Don’t Call Us, Don’t Write Us

Posted on December 8, 2022 by Russ

No, I’m not talking about my business: feel free to call or write us (but due to a water leak, our office is closed today, Thursday, December 8th–we’ll be in tomorrow).  Rather, I’m talking about calling the IRS and writing … Continue reading →

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