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 – 2024 by Clayton Financial and Tax LLC.
Category Archives: IRS
How Many Months Are There in a Year?
When you were a child you learned that a minute has 60 seconds, an hour has 60 minutes, a day has 24 hours, a month has 28 to 31 days, and that there are 12 months in a year. Believe … Continue reading
Posted in International, IRS
Comments Off on How Many Months Are There in a Year?
Personal Tax Return Filings to Begin on January 27th
The IRS announced today that, as expected, efiling of tax returns will begin on Monday, January 27th. Individual tax returns are due on Tuesday, April 15th. We strongly advise efiling your tax returns (if possible), and we also strongly advise … Continue reading
Posted in IRS
Tagged 2025.Tax.Season
Comments Off on Personal Tax Return Filings to Begin on January 27th
The 2024 Tax Offender of the Year
One year, perhaps, there won’t be so many nominees for my annual Tax Offender of the Year award…but this isn’t the year. We even have a repeat nominee (and I strongly considered giving that nominee the award). As a reminder, … Continue reading
Posted in IRS, Tax Fraud
Tagged TaxOffenderOfTheYear
Comments Off on The 2024 Tax Offender of the Year
IRS Announces 2025 Standard Mileage Rates
The IRS announced the 2025 standard mileage rates today. The new rates are: $0.70/mile for business use (up from $0.67/mile in 2024); $0.21/mile for medical purposes; $0.21/mile for moving for members of the Armed Forces; and $0.14/mile for charitable mileage. … Continue reading
A Miss by Trump: Billy Long as IRS Commissioner
Yesterday, President-Elect Trump announced that he would nominate former Missouri Congressman Billy Long as IRS Commissioner. This is a nomination that should not happen, and if does occur I hope that the Senate does not “Advise and Consent” to Mr. … Continue reading
Posted in IRS
Comments Off on A Miss by Trump: Billy Long as IRS Commissioner
IRS Now Offers Direct Pay for Businesses
I criticize the IRS regarding paperwork often. Indeed, the IRS has a major problem dealing with correspondence. Yet many businesses must make numerous payments by check (because that’s the only way to do so) or EFTPS. This morning, I sent … Continue reading
Posted in IRS
Comments Off on IRS Now Offers Direct Pay for Businesses
Hurricane Milton Relief: Florida Now Has Until May 1, 2025 to File
With much of the state of Florida declared a federal disaster area, the IRS this morning announced that all residents of Florida have until May 1, 2025 to file their tax returns that are on extension. This impacts not only … Continue reading
Disaster Relief Extension Impacts Millions in Illinois; Expect IRS to Give Relief to North Carolina Shortly
The IRS announced this morning that tax deadlines have been postponed in several counties in Illinois due to recent severe weather in the Chicagoland area: The IRS is offering relief to any area designated by the Federal Emergency Management Agency … Continue reading
Posted in Illinois, IRS, North Carolina
Comments Off on Disaster Relief Extension Impacts Millions in Illinois; Expect IRS to Give Relief to North Carolina Shortly
Don’t Touch the Duct Tape!
Yesterday, I had to call the IRS to obtain an address to mail a return to (it had to go to a special address), and discuss collection activities for another client. Unfortunately, the IRS computer system crashed. (It came back … Continue reading
Posted in IRS
Comments Off on Don’t Touch the Duct Tape!
Creative Math, IRS Style
One of our clients made a mistake on his payroll tax deposits: He shorted the IRS $4,590. He realized his mistake, and immediately made a correcting payroll tax deposit (albeit late). There’s a penalty for this, and it’s 10% (based … Continue reading
Posted in IRS, Payroll Taxes
Comments Off on Creative Math, IRS Style