Showing posts with label information. Show all posts
Showing posts with label information. Show all posts
Monday, May 5, 2025

Penalties For Cash Reporting Failures

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  It would be a vast understatement to say that the plucky Rebellion had software issues this busy season. We saw (some of) it coming … gi...
Sunday, January 19, 2025

Is This Reasonable?

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  I have long maintained that the IRS is unreasonable by repeatedly disallowing reasonable cause exception to its numerous penalties. Their ...
Sunday, October 29, 2023

A School And Obamacare Penalties

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  How would you like to get the following notice in the mail?   Believe it or not, the IRS sent this to a public school system in Virginia. ...
Sunday, March 19, 2023

A Too Rare Taxpayer Win Over Foreign Reporting

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I have become cynical about IRS penalties. Like many accountants, I initially learned that penalties were in the system as a deterrent. If...
Sunday, February 10, 2019

Do You File An Accurate Return Or A Timely Return?

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I have alerted the staff here at CTG command center that I prefer and expect to file all business returns, especially passthrough returns,...
Saturday, August 25, 2018

Issuing 1099s As Retaliation

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I continue to be surprised when people use IRS forms as retaliation. The form of choice tends to be a 1099. The intent – of course – i...
Sunday, June 4, 2017

An Attorney, A CPA and Confidentiality

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Do you have privacy protection if you tell me something as your CPA? Your first thought might be yes, as your CPA might be the financia...