Category Archives: IRS

Tax Deadline NOT Being Extended; Payment Deadline Extended for Most by 90 Days

Posted on March 17, 2020 by Russ

Secretary of the Treasury Mnuchin appeared at a press conference with President Trump. They stated that there will be a massive stimulus package. Additionally, Secretary Mnuchin stated that the tax deadline would not be extended because much filing can be … Continue reading →

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Today *Is* the Partnership and S-Corp Filing Deadline

Posted on March 16, 2020 by Russ

During a news conference last week President Trump stated something to the effect that he was ordering Secretary of the Treasury Mnuchin to extend tax filing deadlines. That has not happened as of the moment I’m writing this. Today is … Continue reading →

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It’s Time to Start Your 2020 Mileage Log

Posted on January 7, 2020 by Russ

I’m going to start the new year with a couple reposts of essential information. Yes, you do need to keep a mileage log: Last Thursday was the first business day of the new year for many. You may have resolved … Continue reading →

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IRS Announces 2019 Tax Filings to Begin on January 27th

Posted on January 6, 2020 by Russ

The IRS today announced that the 2019 tax filing season for individuals will begin on Monday, January 27th. Tax Returns and payments are due by Wednesday, April 15th (an extension to file is available until October 15th, but payment of … Continue reading →

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2020 Standard Mileage Rates Released

Posted on January 1, 2020 by Russ

Yesterday, the IRS announced the 2020 standard mileage rates. The rates are: 57.5 cents per mile for business use (down 0.5 cents per mile from 2019); 17 cents per mile for medical or moving use (down 3 cents per mile … Continue reading →

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The 2019 Tax Offender of the Year

Posted on December 31, 2019 by Russ

This year really went by fast, but unfortunately there’s no shortage of candidates for the Tax Offender of the Year award. As a reminder, to be considered for the Tax Offender of the Year award, the individual (or organization) must … Continue reading →

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Congress Gets in the Christmas Spirit: Tax Extenders Pass

Posted on December 20, 2019 by Russ

“It’s looking a lot like Christmas,” is how one Christmas tune begins. Here in Las Vegas, that means it’s cold (for Las Vegas), and the few deciduous trees in town are now leafless. But Congress got in the Christmas spirit, … Continue reading →

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FOIA Lawsuit Looks at IRS Procedures on Representative’s Personally Identifiable Information

Posted on December 9, 2019 by Russ

One of the tax blogs that I faithfully read is Procedurally Taxing. Today, they noted a lawsuit against the IRS regarding the IRS’s procedures when a third-party calls them for taxpayer information. The author of the post is a tax … Continue reading →

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IRS Criminal Investigation Has a 91.2% Conviction Rate

Posted on December 5, 2019 by Russ

Here’s a helpful hint to anyone who commits a serious tax crime: If IRS Criminal Investigation (CI) comes after you, there’s a 91.2% chance that you will be heading to ClubFed or otherwise be convicted. As poker players say, ‘Those … Continue reading →

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Deja Vu All Over Again, Again

Posted on November 7, 2019 by Russ

Last year I wrote a post noting the following: A client filed his tax return on October 2nd. He had a balance due (he had made an extension payment, but he still owed some tax). He paid by having his … Continue reading →

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