EPISODE 1. Operation Hidden Treasure. Reality TV couple awaiting sentencing for tax crimes. IRS Appeals office updates. Artwork

Taxcast With Chelsea

Welcome to Taxcast with Chelsea: My background ranges from corporate finance, small business accounting roles, and now serving clients in a tax advisory role. While I enjoy researching and resolving tax issues for clients, I understand not everyone has the same tax resources and the information online can be overwhelming. My goal is to provide tax understanding to the everyday taxpayer. Taxcast with Chelsea is not legal or tax advice for your personal tax situation. My views are my own and am only speaking from a tax practitioner’s perspective for the general understanding of tax topics. I highly recommend you engage with an experienced tax professional if you are looking for personal tax advice. https://www.irs.gov/pub/irs-pdf/pcir230.pdf

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Taxcast With Chelsea

EPISODE 1. Operation Hidden Treasure. Reality TV couple awaiting sentencing for tax crimes. IRS Appeals office updates.

November 13, 2022 • Chelsea Harper • Season 2022 • Episode 1

Today I’m going to discuss:

Operation Hidden Treasure – this is not your Johnny Depp tax sequel but rather the IRS is searching for those digital and cryptocurrency tax evaders (1:02).

Also, a reality check hits reality TV stars & their CPA – I’m talking about Todd & Julie Chrisley and their CPA who were found guilty of tax crimes. We’ll discuss the tax crimes they were convicted of and how you can avoid the same fate (3:46).

Lastly, the IRS appeals office has listed its 2023 objectives for a better taxpayer experience. Although you might not find IRS appeals riveting, it is important to know as a taxpayer what this office can do for you in case you’re ever in need (7:06).

Links:
· https://www.forbes.com/sites/irswatch/2021/03/06/operation-hidden-treasure-is-here-if-you-have-unreported-crypto-its-time-to-get-legal-advice/?sh=2ddd1ba39c95

· https://www.law.cornell.edu/uscode/text/26/6050I

· https://www.irs.gov/compliance/criminal-investigation/reality-tv-stars-convicted-of-fraud-and-tax-evasion

· IR-2022-195, IRS Independent Office of Appeals Priorities for 2023 focus on taxpayer service. IRS Guidewire.

· https://www.irs.gov/pub/irs-pdf/p6511.pdf

· https://www.irs.gov/newsroom/irs-appeals-revises-initial-contact-letters-as-part-of-effort-to-enhance-the-taxpayer-experience

· https://www.irs.gov/pub/irs-pdf/p4227.pdf

Connect with Chelsea:
Email: taxcastwithchelsea@proton.me
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**DISCLAIMER**
Taxcast with Chelsea is not legal or tax advice for your personal tax situation. My views are my own and I am only speaking from a tax practitioner’s perspective for the general understanding of tax topics. I highly recommend you engage with an experienced tax professional if you are looking for personal tax advice.
https://www.irs.gov/pub/irs-pdf/pcir230.pdf