IRS Trouble Solvers - May 2024

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The IRS is cracking down! In a widespread attempt to reduce financial misconduct, the IRS has initiated rigorous investigations into 11.5 million small businesses nationwide, scrutinizing their use of COVID-19 relief funds, specifically from the Paycheck Protection Program (PPP) and Economic Injury Disaster Loans (EIDL). A team of 30,000 agents has been dispatched to ensure the $1.2 trillion designated for payroll support was not misappropriated. Concerns exist that suggest a staggering 70% of these funds may not have reached eligible employees, but rather were diverted by business owners for personal enrichment. The Department of Justice has already prosecuted many cases of individuals flaunting wealth in several high-profile cases, with many more to come in an effort to reroute the funds to the rightful claimants. This aggressive IRS campaign not only aims to recover misappropriated funds but also to regain public confidence in government relief efforts. However, IRS Steps A NEW ERA OF AUDITS A

PAW-SOME ADVENTURES GEAR UP YOUR PUP FOR A HIKING ADVENTURE

Setting out on a hiking adventure with your furry friend is a rewarding experience, but ensuring their safety and comfort on the trail requires careful consideration of essential gear. Before heading out, consider your dog’s unique needs and preferences so it’s an enjoyable and bonding adventure for you both. Here’s an introduction to some must-have hiking gear for your canine companion. Food and Water One of the most important aspects of hiking is staying well-nourished and hydrated. Packing more water than you think may be necessary is crucial, especially on a trail where natural water sources may be scarce. An ample supply of dog-friendly food is also essential, with the quantity adjusted based on the hike’s duration. A collapsible bowl will be handy for feeding your canine companion during breaks. First-Aid Kit Safety should always come first. A dog first-aid kit is indispensable for addressing unexpected issues on the trail. These compact kits typically include dressings, bandages, and tools for removing ticks or thorns. Being prepared for minor injuries ensures you can safely complete the hike without making any injury worse. Boots While some dogs may resist wearing boots, they can be a lifesaver in challenging terrains. Opt for boots that protect without compromising comfort. Though you likely may avoid trails with terrain that could harm your dog’s paws, having boots in your pack is, at least, a proactive measure for unforeseen circumstances, ensuring your canine companion’s paws are protected if needed. Waste Bags Be responsible out on the trail. That means bringing poop bags. Attach them to the outside of your backpack or tote bag for convenient access once your dog has completed its business. The “leave no trace” practice will help maintain the pristine beauty of the trail for everyone to enjoy. Emergency Harness Preparedness is critical, and an emergency harness adds an extra layer of safety. A proper harness will allow you to carry your dog on your back in an emergency. This versatile harness ensures that you can provide assistance in challenging situations.

there are broader economic concerns, including apprehensions over market volatility and the recovery’s trajectory.

The agency is not only targeting

business owners. With thousands of new hires, many of whom are

SPRING HERB SOUP WITH ORZO AND PANCETTA Inspired by FoodAndWine.com

INGREDIENTS

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3 tbsp extra-virgin olive oil 4 oz pancetta, diced 1 medium yellow onion, finely chopped Salt and black pepper, to taste 1/2 cup dry white wine 1 cup uncooked orzo 2 large garlic cloves, minced

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8 cups chicken broth

1 15-oz can cannellini beans, drained

1/2 cup chopped fresh chives 1/4 cup chopped fresh tarragon

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1 1/2 cups chopped parsley Pecorino Romano cheese, grated (for garnish)

1 tsp fennel seeds

1/2 tsp crushed red pepper

Lemon wedges

2

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