The IRS has reported that more than 1.5 million taxpayers have unclaimed refunds dating back to 2019. Typically, the deadline for filing prior year returns is three years, but due to the COVID-19 pandemic, the Internal Revenue Service has extended…
According to Catherine Rampell of the Washington Post, the IRS is so underfunded and ”undersystemitized” (emphasis mine), that “as of July 29, the IRS had a backlog of 10.2 million unprocessed individual returns.” And in today’s world of face-recognition, artificial…
A recent headline in the “New York Times” emphasized the rebounding of manufacturing in the US creating a scarcity in the labor market. As more fully explained in the IRS portal “Businesses hanging up their Help Wanted signs should be…
What exactly is cryptocurrency? Money? Software? Well, cryptocurrency IS money, albeit VIRTUAL MONEY. That means cryptocurrency exists ONLY in the digital world of clouds and virtual (not real) reality. As more fully explained by Kate Ashford in her article in…