Dennis Adams has a PhD from Texas Tech University and has research and practical experience in leadership, strategy and innovation, focusing on the bottom-line contributions that technology makes to organizations.

Did you know that the majority of e-filed tax returns last year were done by paid tax preparers?  This year, that number is even larger!  The reason is complicated.  The tax code has gotten more and more complex so the number of “special cases” or the level of “gotchas” is growing.  That coupled with more […]

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IRS Bots

One of the ways the IRS is addressing complaints about phone call wait times is with voice bots. The agency has been using voice-activated software to help taxpayers navigate service menus and get answers to relatively simple questions since January 2022. Now, it’s expanding bot use to help callers set up and modify payment plans.

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Foreign Bank and Financial Accounts

The Supreme Court of the United States (SCOTUS) will take up a controversial issue affecting owners of certain foreign financial accounts. A holder of a foreign account worth more than $10,000 in the preceding year must file a “Report of Foreign Bank and Financial Accounts” (FBAR). For a non-willful failure to file, the penalty is

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