by tmactive | Oct 24, 2026 | Accounting and bookkeeping, General interest tax news
This reminds me of the times I have threatened to pitch new taxes, you know, as sarcasm, and then realized the Useful Idiot Tax Loving Simps would turn my sarcastic fake taxes into real taxes.h/t @vjeannek https://t.co/Tfou99VoQH — Beverly A. Pekala (@PekalaLaw)...
by tmactive | Oct 15, 2026 | Accounting and bookkeeping, IRS alerts
The IRS sent armed agents into a family bakery and drained $68,382 from its bank account. Their “crime”? Depositing their OWN CASH in amounts under $10,000. Then the government demanded ANOTHER $160,000 and a guilty plea to a FELONY. The IRS called it “structuring”:…...
by tmactive | Sep 30, 2026 | Accounting and bookkeeping, General interest tax news
Suggested MetroTax.net addendum Below is publication-ready copy that credits the author and source, distinguishes the Economist commentary from U.S.-specific analysis, and frames the issue for accountants without reproducing the original article verbatim. Editorial...
by tmactive | Aug 2, 2026 | Accounting and bookkeeping, General interest tax news
Effective today—If you live in Cook, DuPage, Kane, Lake, McHenry, or Will County, your sales tax has increased. Residents will now pay an extra 0.25% NITA tax on general merchandise, groceries, drugs, medical appliances, vehicles, cannabis, and aviation fuel. Your...
by tmactive | Jul 15, 2026 | Accounting and bookkeeping, Current events, General interest tax news, IRS alerts
Wow, process...
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