by Daniel Pilla | Aug 1, 2023 | PTT Featured Article
COURT ORDERS ENFORCEMENT OF SUMMONS FOR CRYPTO DATA Digital Currency Trading Information is NOT Private In case you continue to believe that your digital currency trades are private, consider this. A United States District Court in California, on June 30, 2023,...
by Daniel Pilla | Jul 7, 2023 | PTT Featured Article
UPDATE ON IRS SPENDING PLANS IRS Reveals Spending Plans for ITs Windfall In April the IRS released its long-awaited Strategic Operating Plan for how it intends to spend the $80 billion in supplemental funding granted by the Inflation Reduction Act of 2022. The making...
by Daniel Pilla | May 31, 2023 | PTT Featured Article
HOW TO DEDUCT EXPENSES INCURRED IN TRADING SECURITIES The Keys to Unlocking the Mysteriousand Elusive “Trader” Status With the advent of the Internet and the unfettered access we now have to national and international financial markets, it’s never been easier to trade...
by Daniel Pilla | Mar 31, 2023 | PTT Featured Article
ERC PROGRAM UNDER ATTACKProgram Named to IRS’s “Dirty Dozen” List In the February 2023 issue of PTT, I presented an article on the audit risks associated with the Employee Retention Credit (ERC). I pointed out that the IRS believes this credit is a source of...
by Daniel Pilla | Mar 2, 2023 | PTT Featured Article
15 THINGS TO KEEP IN MIND FOR 2022 TAX FILINGSTax Law Changes Continue to Muddy the Waters The 2022 tax filing season is in full swing, but most people will not file their returns until the April filing deadline. If the IRS owes you money, it’s most certainly in your...