Even Voicemail is Susceptible to Fraud

In a world of increasing exposure to online security threats, it’s nice to be able to rely on voicemail for risk-free communication. The problem is, you can’t. Your voicemail system can easily be hacked if you don’t take some precautions. Passwords as passports In the most common scheme, hacke...
Read More

Opportunity Zones: What We Know and What We Don’t

The Tax Cuts and Jobs Act (TCJA) created the Opportunity Zones program to increase investment in economically distressed communities. The program provides preferential capital gains treatment for investments within designated low-income census tracts. Policymakers hope opportunity zones will unleash...
Read More

Hundreds of IRS employees are skipping work

That could delay tax refunds A recent Washington Post article makes an interesting observation about the impact of large numbers od IRS employees skipping work. Here is an excerpt. “Hundreds of Internal Revenue Service employees have received permission to skip work during the partial governme...
Read More

IRS Issues Updates on Post-shutdown Activities

Taxpayers and tax practitioners received guidance from the IRS on what to expect in the areas of audits, collections, tax return processing, and Tax Court operations now that the government shutdown has concluded. The IRS explained on its  website  that IRS employees returned to work on Jan. 28 an...
Read More