Friday, September 3, 2021

WHAT’S THE BUZZ? TELL ME WHAT’S A HAPPENIN’

 

* At the interestingly titled TAX BUZZ blog Gordon McNamee answers the question “Tax Avoidance vs. Tax Evasion - What's the Difference?

Denis Healey, former British Chancellor of the Exchequer, once correctly answered the question this way –

The difference between tax avoidance and tax evasion is the thickness of a prison wall”. 

* Kay Bell reports “IRS gives all Louisiana taxpayers Hurricane Ida tax relief” at DON’T MESS WITH TAXES -  

“ . . . the IRS announced that its offering tax relief to Ida victims. That includes pushing the Oct. 15 extended filing deadline (and other tax dates) to Jan. 3, 2022.

The tax relief applies to any area designated by the Federal Emergency Management Agency (FEMA) as qualifying for individual or public assistance due to damages from Hurricane Ida. Right now, that's the entire state of Louisiana.

However, adds the IRS, taxpayers in Ida-impacted localities in neighboring states that FEMA ultimately designates as major disaster areas also will qualify for the same tax relief.

* The NSTP BLOG explains “Taxpayers Can Protect Themselves from Scammers by Knowing How the IRS Communicates” and identifies in detail the ways IRS contacts taxpayers.

TTFN  














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