Month: June 2019

I talk a little bit about the upcoming changes in 2018.

The Trump Administration has finally published its plan for tax reform, titled a "UNIFIED FRAMEWORK FOR FIXING OUR BROKEN TAX CODE." Under the "Tax Reform" heading is the tagline: "MORE jobs | FAIRER taxes | BIGGER paychecks." Give it a read here:...

You've probably heard about the recent security breach of Equifax, one of the United States' three official credit bureaus, and how your data has most likely already been compromised. This is alarming news. What are next steps you can take to protect yourself? Anne...

The scammers are at it again! This time, there's an email phishing scheme going around from senders impersonating the IRS and FBI. The email asks you to fill out and send in a "questionnaire" from the FBI, which will then be used in a ransomware scam against...

Earlier this month, the Seattle City Council unanimously voted to approve a city income tax, affecting those considered to be "high earners"--meaning individual income over $250,000 a year, or joint income over $500,000 a year. Only 15 minutes after Mayor Ed Murray...

Less chance of the IRS coming to knock on your door? Sounds like a good thing, right? President Trump has proposed a $239-million cut to the Internal Revenue Service's budget. This could mean, among other things, reduced personnel for performing enforcement functions...

Did your summer just get a little less refreshing? If you're a soda sipper, that may be the case. On June 5, the Seattle City Council approved a tax on soda, energy drinks, and other sugary beverages (though diet drinks get a pass). The tax will take effect in early...

The Trump Administration is proposing a huge overhaul of the way Americans pay taxes. If successful, items on the new tax bill would have far-reaching repercussions for taxpayers and the government alike, cutting down an estimated $9.5 trillion over its first decade...

Last May, I posted that the IRS would be getting ready to revoke or deny passports to individuals with delinquent tax debt. Now, as of February 6, 2017, "IRC § 7345 authorizes the IRS to certify that to the State Department. The department generally will not issue or...

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