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Week in Insights: Figuring Out How to Quiet the Noise
This week, our experts covered topics ranging from Disney’s special taxing district to Donald Trump’s alleged tax fraud. For a look at the latest commentary and analysis, check out our weekly roundup.
IRS Zeroes in on Crypto, Digital Assets in Enforcement Plan
The IRS is pouring more resources into detecting “high-risk” noncompliance issues associated with digital assets, according to its strategic operating plan.
IRS Issues Revised Form 3115 for Changes in Accounting Methods
The IRS has issued a revised version of the form and instructions that taxpayers use to apply for changes in accounting methods, incorporating a variety of changes that the agency has made in recent years.
Tax Workers Vote to Strike in Canada, Upping Pressure on Trudeau
Canada Revenue Agency workers have voted “overwhelmingly” in favor of a strike to push for higher wage increases from Prime Minister
It’s Tax Season! Here Come the ‘Leech Brands’: Ben Schott (1)
Happy tax season to all who celebrate! Which is (or should be) everyone. But as you strive to do your civic duty (under penalty of perjury) ponder this: Just 2.4% of the 104 million US taxpayers eligible to use the IRS Free File Program did so in 2020. And more than 14 million of the lowest-paid Americans may have paid unnecessary commercial fees to file their 2019 taxes.
Russia Shrinks Budget Deficit a Little as Spending Growth Slows
Russia’s huge budget deficit shrank as spending slowed in March, even as the war in Ukraine continued to hammer the government’s revenue.
Spotlight on International Tax Services Partner Shannon Smith
Our Spotlight series highlights the careers and lives of tax professionals around the world. This week’s Spotlight is on Shannon Smith, who is partner in charge of international tax services at Eide Bailly in Boulder, Colo.

