income taxes: IRS STEPS UP ENFORCEMENT – WHAT NOW? - 06/23/21 10:51 AM
              The IRS’ COVID lull in enforcement formally ended June 15th with the issuance of 5 million Notices of Intent to Collect.  Nearly 1 in 6 American taxpayers has past due income taxes, so it is likely that someone you know will be tagged by the IRS' stepped up enforcement. 
The IRS spent the past eighteen months preparing for this new spate of enforcement by onboarding AI technology to supplement the information garnered from recent ‘John Doe’ subpoenas sent to Coinbase, Kraken and other cryptocurrency brokers and the trove of data willingly supplied by taxpayers seeking PPP, unemployment and EIDL COVID support.  … (0 comments)

 
David Ratowitz, Tax, Real Estate and Bankruptcy Law Firm (Ratowitz Law Group)

David Ratowitz

Tax, Real Estate and Bankruptcy Law Firm

Park Ridge, IL

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Ratowitz Law Group



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