by Daniel Pilla | Feb 15, 2022 | Tax FAQs
PASSPORTS AND THE IRS They Have More in Common Than You Might Think Note: This article was originally written in 2015 and updated in 2022 and still pertains. For the latest updates on Passports and the IRS as well as other IRS topics, make sure you are a sucbriber to...
by Daniel Pilla | Jan 25, 2022 | Tax FAQs
BIDEN ADMINISTRATION INTENDS TO TURN THE IRS’s DOGS LOOSE Who Will be Targeted When it Does? The IRS is collapsing under the weight of 10.3 million tax returns. That’s the number of returns the IRS is currently sitting on (and has been since about April...
by Daniel Pilla | Dec 21, 2021 | PTT Featured Article, Tax FAQs
BIDEN ADMINISTRATION INTENDS TO TURN THE IRS’s DOGS LOOSE Who Will be Targeted When it Does? One of the key elements of Biden’s Build Back Better scheme is to spend $80 billion over the next ten years on the IRS. To put this in perspective, the IRS’s...
by Daniel Pilla | Nov 3, 2021 | PTT Featured Article, Tax FAQs
WHITE HOUSE ABANDONS BANK REPORTING PLAN…For Now The wildly invasive plan to require banks, credit unions, and other financial institutions to report account data to the IRS on an annual basis was abandoned by the White House…for now. The plan would have...
by Daniel Pilla | Sep 29, 2021 | PTT Featured Article, Tax FAQs
WHAT’S HAPPENING WITH THE TAX LAWS Democrats Push for Massive Tax and Spending Measure On September 13, the House Ways and Means Committee released details of the massive tax-and-spend proposal championed by Democrats. This is still not yet a final package....
by Daniel Pilla | Jul 12, 2021 | PTT Featured Article, Tax FAQs
The IRS has functioned as a tool for welfare programs for years, usurping authority from Congress. This issue has been in the public spotlight due to controversial bills like Obamacare. These are bills that create more refunds than money paid in, effectively creating...
by Daniel Pilla | Jul 7, 2021 | Tax FAQs
The Complete Guide to Organizing and Operating Your Small BusinessComplete discussions on: – The best business entity structures for your business – Hiring employees or using independent contractors – How to properly set up and use an office in...
by Daniel Pilla | Jul 5, 2021 | Tax FAQs
This video covers: – Avoiding failure to file penalties. – How to set up wage withholding properly. – How self-employed/small businesses can handle estimated tax payments. – How to get your tax refund in your paycheck every month ...
by Daniel Pilla | Jul 1, 2021 | Tax FAQs
The IRS will be starting to crack down on small business owners because they believe them to be TAX CHEATERS across the board. For years, the IRS has made it more and more difficult to start and maintain a small business while understanding the implied requirements...
by Daniel Pilla | Jun 23, 2021 | Tax FAQs
The American Rescue Act has retroactively made unemployment income up to $10,200 TAX FREE. If you have already filed your tax return and claimed your unemployment income, you need to amend your return. Watch this video directly from Dan Pilla to learn more about the...