by Michael Hogberg EA | Jun 14, 2022 | Enforcement Updates
Tuesday, June 14, 2022 A Florida man pleaded guilty today to criminal contempt for continuing to prepare and file tax returns with the IRS in violation of a federal court order barring him from doing so. According to court documents, Guy Telfort, of Fort Lauderdale,...
by Michael Hogberg EA | Jun 10, 2022 | Federal Tax, Tax Reminders
June 10, 2022 Cryptocurrency, non-filing, abusive syndicated conservation easement, abusive micro-captive deals make list The Internal Revenue Service today wrapped up its annual “Dirty Dozen” scams list for the 2022 filing season, with a warning to...
by Michael Hogberg EA | Jun 9, 2022 | State Tax
June 9, 2022 After a slight decline in 2020, the state’s taxable retail sales showed major gains in 2021, reaching $210.4 billion – a 17.9% increase over 2020. Retail trade, a subset of all taxable retail sales in the state, also increased 16.1% for a total of...
by Michael Hogberg EA | Jun 9, 2022 | Federal Tax
June 9, 2022 The Internal Revenue Service today announced an increase in the optional standard mileage rate for the final 6 months of 2022. Taxpayers may use the optional standard mileage rates to calculate the deductible costs of operating an automobile for business...
by Michael Hogberg EA | Jun 9, 2022 | Federal Tax, Tax Reminders
June 9, 2022 The Internal Revenue Service today advised taxpayers who missed the April tax deadline that they can usually avoid a larger penalty by filing their 2021 federal income tax return and paying any tax due by Tuesday, June 14. To avoid the larger penalty, the...