Highlights of some of our favorite tax-related blogs from the past week.
Emotional rescue
IRS Tax Trouble : Tishkoff v. Commissioner: emotional distress, personal physical sickness that resulted in emotional distress and the sizeable tax differences between the two.Tax Analysts : It took a lot of requestin’ in the public records category to get a copy of the field audit manual of the Maryland Comptroller of Public Accounts. Now the question becomes, is it outdated?BNA blogs : A look at the IRS updating its Employee Plan Compliance Resolution System (EPCRS), at times “sweeping changes made to the IRS’s determination letter program.”
Assaults on reason
Summing It Up : Northern Exposure Dept.: How Canadians can unintentionally become U.S. citizens for tax purposes, from Green Cards to Substantial Presence.Roth & Co. : Why the extension deadline does indeed matter, clients. Plus, “S corp comp, Loving, and more links to assaults on reason!”Taxjar : Addressing the sometimes tricky issue of an e-commerce address of record.H&R Block : What to remind them about phone scammers pretending to be the IRS. One eye-widening truth: “Our current tax system makes it relatively easy for scammers to obtain information to fraudulently file a tax return.”Rubin on Tax : The tax wrangles that can stem from an SMLLC failing to file an 8832 for possible treatment as a corporation/association.
Shades of meaning
Procedurally Taxing : Guest blogger Stu Bassin examines procedural issues raised by third-party disclosure of Trump’s returns. And of course, in keeping with this woo-hoo campaign year, by “disclosure” we mean “publication” and by “third party” we mean “licker of the stamp.”The Wandering Tax Pro : A look back at what Trump proved during the campaign. Like him or lump him, the Donald has ignited an unassailable point about our society: “A large percentage of the American public is frustrated and disillusioned, justifiably so, with the incompetence and inaction of ‘traditional’ politicians, especially the idiots in Congress.”Tax Policy : What Trump (and anyone, for that matter) talks about when he talks about depreciation.John R. Dundon II EA : Nothing can teach a tax pro how many smart people know little about charitable contributions like actually serving high up in a charity.
Obligations
ClientWhys : Build it and they’re under less obligation than ever to come; you need a lot more than a website to get noticed online these days. Yeah, who has time to type and click their practice to Internet popularity? But look at it this way, “like tax laws, online marketing can be a complicated and malleable process.”TaxProf : You can’t swing a dead carryover anymore without – especially this year – hearing how greed figures into tax law arguments. There’s been little academic consideration of the role of greed in the tax law, though, and here’s a look at a recent paper addressing this timely and timeless human weakness.Due Diligence : In this week’s collection: “Medicaid Fraud Doc Accused of Harming Tots”; “Indian Health Service – Whistleblower Award Post”; and “Busted! N.Y. Osteopath Pleads Guilty to Medicaid Fraud Charge.”
New to us
TaxProCenter : This Intuit site provides insights specifically for preparers. This week: travel-related tax tips for your clients on the go. Welcome aboard!
