Tag Archives | IRS
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IRS Hiring Woes Mean Continuing Tax Backlogs

Missing your tax refund? It’s all too easy to understand why. Hiring challenges, the COVID pandemic, broken printers and copiers, and millions of stimulus payments to be mailed have created unprecedented backlogs at the Internal Revenue Service. The crisis at the IRS explains in part why the Biden administration is seeking $80 billion in new […]

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Help! The IRS Hasn’t Cashed My Check Yet

You did everything right. You owed money to the IRS so you sent in a check before the deadline. Weeks have gone by, and they still haven’t cashed your check yet. What gives? This is the story we are hearing from more than a few clients. They sent some pretty big checks in to the […]

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Sold Bitcoin? The IRS May Want To Talk To You

Sold Bitcoin or other digital currencies? Don’t be surprised if the IRS comes knocking on your door looking for any taxes due, says a recent Wall Street Journal article. The Internal Revenue Service is sending warning letters to more than 10,000 Bitcoin and other cryptocurrency holders, reports the Journal. It got their names from a popular […]

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