A Radical Proposal: Trump’s Vision to Abolish the IRS In a move that has sent ripples through political circles and economic watchdogs alike, former President Donald Trump has floated the idea of a dramatic overhaul of the United States’ tax system. At the heart of his proposal lies an audacious plan: the complete abolition of […]
The Beginning of the End: Why America is Ready for an IRS Replacement For over a century, the Internal Revenue Service (IRS) has stood as a cornerstone of the American tax system, administering tax laws and collecting revenue to fund essential government functions. However, seismic shifts in public opinion, economic trends, and political discourse suggest
What Should We Replace The IRS With? Tariffs vs FairTax Showdown! #DonaldTrumpNews Read More »
The Bold Claim: Can Trump Really End the IRS? Donald Trump’s audacious assertion that he can dismantle the Internal Revenue Service (IRS) without the need to pass a single law is a claim steeped in intrigue and skepticism. The notion challenges the conventional understanding of how government agencies function, raising eyebrows and questions alike. Could
Can Donald Trump End The IRS Without Passing One Law? Yes. Yes, He Can. Read More »
The MAGA Movement and Its Impact: What Led Americans to Consider Leaving? The rise of the “Make America Great Again” (MAGA) movement under Donald Trump’s leadership marked a seismic shift in U.S. politics, polarizing the nation like few ideologies before it. For many Americans, MAGA represents a bold return to conservative values, prioritizing nationalism, controlling
The Audit Nightmare: A Taxpayer’s Tale It begins with an innocuous letter, folded neatly into a government-stamped envelope. Many taxpayers liken the experience of opening such correspondence from the IRS to opening Pandora’s box; inside lies the formal notification that an audit has been initiated. For the protagonist of this tale—a small business owner named
Five Keys To Avoiding An IRS Audit | Red Flags & Reverse Red Flags for 2025 Read More »
Introduction: Navigating the World of US Tax Professionals The landscape of US tax law is layered with complexity, and the role of tax professionals is indispensable for individuals and businesses seeking to navigate its intricate pathways. From the Internal Revenue Code to ever-changing IRS regulations, the field demands exceptional expertise, adaptability, and an unwavering commitment
Surviving & Thriving as a US Tax Professional with Anthony Parent of IRSMedic Read More »
Understanding the IRS Exit Tax: An Overview The IRS Exit Tax, primarily governed by IRC Section 877A, applies to certain individuals who formally expatriate from the United States by renouncing their U.S. citizenship or ending their status as long-term residents. This tax provision targets individuals deemed “covered expatriates” based on specific criteria, including income thresholds,
Can the IRS Exit Tax be retroactive? Does IRC Section 877A go back in time? Read More »
Understanding the Importance of the US Expat Tax Survey The US Expat Tax Survey serves as an essential resource for exploring the financial realities faced by American citizens living abroad. It provides deep insights into the complexities of compliance with US tax laws, particularly for expatriates navigating an unfamiliar tax system alongside their host country’s
Understanding the US Green Card: Its Benefits and Obligations A US Green Card, formally known as a Permanent Resident Card, is an essential document for immigrants seeking long-term residency and employment in the United States. It grants holders lawful permanent resident (LPR) status, opening the door to a range of rights and privileges, as well
Tax consequences of an expired (or not) US Green Card: The Twilight Zone Edition Read More »
Introduction: The Controversy Surrounding the IRS Logo The logo of the Internal Revenue Service (IRS), the federal agency responsible for tax collection and enforcement in the United States, has sparked debates and controversies in various circles. Specifically, some individuals claim an unusual feature within the logo hints at hidden symbolism. At the center of this
Is the IRS logo satanic? If Not, Then Why Is There An Upside Down Cross In The IRS Logo? Read More »