The Tax Blotter – March 2023
Many of the changes for individuals in the Tax Cuts and Jobs Act (TCJA) are temporary and are scheduled to expire after 2025. But some are permanent provisions of the tax code.
Taxes
Derek Chauvin Pleads Guilty in Tax Evasion Case
The former Minneapolis police officer imprisoned for the murder of George Floyd failed to file returns in 2017 and 2018.
PayPal, eBay Seek IRS 1099-K Relief for Online Sellers
The 1099-K Fairness Coalition wants Congress to ensure that casual online sellers aren’t burdened with the 1099-K form.
Tax Considerations for High-Net-Worth Individuals in 2023
Those who are not ready for this potentially seismic shift should speak to their advisors as soon as possible in order to take advantage of planning opportunities.