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...
by Daniel Pilla | Feb 8, 2023 | PTT Featured Article
HOW NOT TO RECONSTRUCT RECORDS Don’t Follow This Formula for Failure Lost or missing tax records are a regular and widespread problem. People lose records for a myriad of reasons, including fire, flood, hurricane, etc. My current client had her storage shed broken...
by Daniel Pilla | Dec 8, 2022 | Urgent deadlines
END OF YEAR TAX PLANNING Nine Simple Steps that Can Cut Taxes and Pain With the end of the year fast approaching, you’re probably wondering what you can do to cut your taxes. Remember: if you wait until April to start thinking about this, it’s just too late. Here are...
by Daniel Pilla | Nov 21, 2022 | PTT Featured Article
CRYPTO CASES TO TOP CI’S “TO-DO LIST” IN 2023You Can’t Hide Crypto Assets The Internal Revenue Service’s (IRS) Criminal Investigation (CI) function is charged with investigating allegations of criminal tax fraud, and assisting the Department of Justice (DOJ) and the...
by Daniel Pilla | Sep 2, 2022 | PTT Featured Article
THE BIDEN ADMINISTRATION DOESN’T KNOW WHAT A TAX CHEAT IS Deliberate Deception Inflames Greed and Envy In his letter to the U.S. Senate (see above), Commissioner Rettig did his part to carry water for the Biden Administration’s push for $80 billion in new funding to...
by Daniel Pilla | Jul 22, 2022 | PTT Featured Article
(WE FILED!) COMPLAINT REGARDING IRS EMPLOYEE MISCONDUCT Taxpayers Defense Institute Steps Up to Protect Your Right to Counsel In the June 2022 issue of PTT, we reported on the outrageous statements made by the IRS and Commissioner Rettig regarding your...
by Daniel Pilla | Jun 29, 2022 | PTT Featured Article
SURVIVING THE “GREAT SHRED” OF 2022 How to Keep From Being Victimized by IRS Housecleaning The lead article in last month’s Pilla Talks Taxes reported that the IRS destroyed 30 million tax documents. That article was also published by National Review and...
by Daniel Pilla | Jun 8, 2022 | PTT Featured Article
IRS DESTROYED 30,000 TAX DOCUMENTS That’s One Way to Catch Up As the IRS struggles to dig out of the backlog of millions of unprocessed tax documents and incoming correspondence, it stumbled upon a potential solution to the problem: Why not just destroy the...
