Categories
- Alabama
- Alaska
- Arizona
- Arkansas
- BEA
- Books
- California
- Canada
- Colorado
- Connecticut
- Cryptocurrencies
- Delaware
- District of Columbia
- Entity Formation
- Estate Tax
- Federal Budgeting
- FINCEN
- Florida
- Gambling
- Georgia
- Gift Tax
- Hawaii
- Illinois
- Indiana
- Information Returns
- International
- Iowa
- IRS
- Irvine
- Kansas
- Katrina
- Kentucky
- Las Vegas
- Legislation
- Louisiana
- Maine
- Maryland
- Massachusetts
- Michigan
- Minnesota
- Mississippi
- Missouri
- Montana
- Nevada
- New Hampshire
- New Jersey
- New Mexico
- New York
- North Carolina
- North Dakota
- Ohio
- Oklahoma
- Orange County
- Oregon
- Payroll
- Payroll Taxes
- Pennsylvania
- Pensions
- Property Taxes
- Recordkeeping
- Rhode Island
- S Corporation
- Sales Tax
- SBA
- Scams
- Self Employment Tax
- South Carolina
- South Dakota
- Supreme Court
- Tax Court
- Tax Evasion
- Tax Fraud
- Tax Gifts
- Tax Preparation
- Taxable Talk
- Tennessee
- Texas
- Uncategorized
- Utah
- Vermont
- Virginia
- Washington State
- West Virginia
- Wisconsin
- Wyoming
Contact
Archives
Tax Blogs
- Dinesen Tax Times
- Don't Mess with Taxes
- EideBailly Tax News & Views
- Federal Tax Crimes
- Kelly Phillips Erb (Taxgirl)
- MauledAgain
- Peter Reilly
- Phil Hodgen Tax Law Blog
- Procedurally Taxing
- Tax Analysts Blog
- Tax Policy Blog (Tax Foundation)
- TaxProf Blog
- TaxVox Blog
- The Tax Guru
- The Wandering Tax Pro
- Tony Nitti on Forbes
Political Blogs
Tax Agencies
- California Department of Taxes and Fee Administration
- California Employment Development Dept.
- California Franchise Tax Board
- City of Las Vegas Business Licenses
- Clark County Business Licenses
- Henderson Business Licenses
- IRS
- Nevada Department of Employment, Training and Rehabilitation
- Nevada Department of Taxation
- North Las Vegas Business Licenses
Memberships
Other Links
Meta
-
Note: All Content is Copyright © 2005 – 2026 by Clayton Financial and Tax LLC.
-
Author Archives: Russ
IRS Delays New $600 1099-K and Cryptocurrency Trading Reporting
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
Posted in Cryptocurrencies, IRS
Tagged 1099-K
Comments Off on IRS Delays New $600 1099-K and Cryptocurrency Trading Reporting
IRS: Don’t Call Us, Don’t Write Us
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
Posted in IRS
Tagged Practitioner.Priority.Service
Comments Off on IRS: Don’t Call Us, Don’t Write Us
If You Use FTX (Cryptocurrency Exchange)
Cryptocurrency exchange FTX (FTX.com and FTX.us) appears to be in severe financial difficulties. Binance was going to purchase them, but that purchase isn’t going to happen. It appears that FTX could fail at any time. There are a number of … Continue reading
The Jarretts Win a Pyrrhic Victory
Let’s say you really want the IRS to change how it treats an issue that impacts you. So you file a tax return including that item (as the IRS wants it done), adding $9400 of income and $2000 to your … Continue reading
Posted in Cryptocurrencies
Tagged Jarrett v United States
Comments Off on The Jarretts Win a Pyrrhic Victory
2022 Tax Season: The Tax Season From Hell (Part 4)
To recap, in Part 1 of this series I dealt with IRS failures in the 2022 Tax Season; in Part 2, I covered what the IRS should do to fix the mess. In Part 3, I wrote about what our … Continue reading
Posted in Tax Preparation
Tagged 2022.Tax.Season, 2023.Tax.Season
Comments Off on 2022 Tax Season: The Tax Season From Hell (Part 4)
If You Used IRS Direct Pay on October 20th Check Your Bank Records
I love IRS Direct Pay. It’s a simple method to make payments to the IRS for most (but not all) taxes individuals might have. And it works…well, it works most of the time. I saw on Twitter the following: On … Continue reading
Posted in IRS
Tagged 2022.Tax.Season
Comments Off on If You Used IRS Direct Pay on October 20th Check Your Bank Records
2022 Tax Season: The Tax Season From Hell (Part 3)
This is, perhaps, the most painful post I’ve ever written for this blog. Why? I’m going to go over everything our firm got wrong with this past Tax Season. As the saying goes (Murphy’s Law), what can go wrong will … Continue reading
Posted in Tax Preparation
Tagged 2022.Tax.Season
Comments Off on 2022 Tax Season: The Tax Season From Hell (Part 3)
The Tax Foundation’s 2023 State Business Tax Climate Index: Bring Me the Usual Suspects (Again)!
It seems like it was only yesterday when I wrote about the 2022 State Business Tax Climate Index, but it’s been a year! This morning, the 2023 Index was released and it’s more of the same. Let’s look at the … Continue reading
Posted in California, Nevada
Comments Off on The Tax Foundation’s 2023 State Business Tax Climate Index: Bring Me the Usual Suspects (Again)!
Is Anyone Happy In Tax Professional Land?
Except for our four international clients on second extension and our ten clients impacted by Hurricane Ian, the 2020-2022 Tax Season is over. I expect that within one month, we will be off filing returns until February 2023 (well, there … Continue reading
Posted in Taxable Talk
Tagged 2022.Tax.Season, 2023.Tax.Season
Comments Off on Is Anyone Happy In Tax Professional Land?