Episode 62: Employee Tax Credit Under IRS Scrutiny
Accounting and Accountability
English - March 11, 2023 03:22 - 26 minutes - 26.6 MB - ★★★★★ - 9 ratingsBusiness News News Business Management whitecollarcrime businessnews crimedrama irsupdates taxdeductions Homepage Download Apple Podcasts Google Podcasts Overcast Castro Pocket Casts RSS feed
Previous Episode: Episode 61: Major Tax-Prep Companies Accused of Selling Client Data
Next Episode: Episode 63: Extensions are not Audit Triggers
In this episode we discuss:
The current rules for how using, trading and selling virtual currency is treated for taxes.
How to report Charitable Distributions on your taxes.
Beneficiaries of deceased taxpayers must withdraw all RMD before the end of the year.
Foreign accounts must be disclosed to the IRS. There are penalties per form not filed.
The Employee Retention Credit is under scrutiny by the IRS do to fraud.
The IRS is still behind on payroll and amended returns.