Friday, November 4, 2022

WHAT’S THE BUZZ, TELL ME WHAT’S A HAPPENNIN’?

 
Just made it.  I didn’t want to end the week without at least some BUZZ.
 
* Michael Cohn reports “IRS hires 4,000 employees to help with next tax season” at ACCOUNTING TODAY.
 
The 4,000 new employees are “new customer service reps would help answer the phones and provide other services” and not auditors.
 
* Michael also reported, again at ACCOUNTING TODAY, “Douglas O'Donnell named acting IRS commissioner” -
 
O'Donnell has been deputy commissioner for services and enforcement at the agency since April 2021 and is succeeding IRS Commissioner Charles Rettig, whose term ends on Nov. 12.
 
O'Donnell has spent more than 36 years at the IRS in a variety of roles. Before becoming deputy commissioner for services and enforcement last year, he served as commissioner of the Large Business and International Division for nearly six years.”
 
* By the way – have you visited my TAX PLANNING RESOURCE CENTER yet?  Why not?  
 
* No BUZZ installment would be complete without an item from Kay Bell, the yellow rose of taxes.  She identifies “7 workplace benefits issues, tax & otherwise, to consider this enrollment season” at DON’T MESS WITH TAXES.
 
* There’s an important new post at AMERICANS FOR COMMON SENSE you need to read – explaining that the Republican Party is NOT conservative.
 
* And, oh yes, also a new BOBSERVATIONS post.   
 
THE LAST WORD –
 
Republicans are lying in tv ads – at least in Pennsylvania.  No surprise here, since their leader Trump, as candidate and President, consistently lied and lies to everyone about everything.
 
Republican candidates claim they will protect Social Security and reduce inflation.  Part of the already announced Republican Party agenda is reducing Social Security and Medicare benefits.  And the Party has announced no plan to reduce inflation, which is a worldwide issue and not a US issue.
 
And Republican ads claim the Democrats “doubled the IRS” and is hiring 87,000 new agents to audit the middle class.  This is truly a bold-faced lie.  Click here for the truth.  
 
Streisand sings.  DeNiro acts.  Republicans lie.  It is what they do.
 
TTFN










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