Highlights of some of our favorite tax-related blogs from the past week.
Fun
Don’t Mess With Taxes : Loss of Down Dept.: How the court backing up New England quarterback Tom Brady’s suspension will cost Arizona and Massachusetts, seeing as how the Patriots take on the Cardinals within the four-game scope of Brady’s unwanted bench time.TurboTax : Happy Earth Day and the tax savings that now can come from going green. (As a friend once said, “Enjoy your annual day, Earth. We hope this makes up for the other 364…”)Taxes at About.com : The unique and often daunting tax problems facing businesses in the medical marijuana and cannabis industry and how to prepare for them.Tax Analysts : Can’t Tell the Lobbyists Without a Program Dept.: A look at the scoreboard of the state and local tax team at Sutherland Asbill & Brennan, which tracks significant state tax litigation nationwide.
Predictable problems
The Income Tax School : When it comes to getting jobs done, “there are all kinds of people in this world” – specifically, five types. Now that 2016’s day of days is done, it’s time for you to watch out for people who can’t seem to make a deadline to save their lives and people who have no idea what day it is or what it was they were supposed to do.Roth & Co. : From blogger Joe Kristan, our favorite opening of the week: “As always, the most fun is when you tell a client whose information arrived late that they have a big tax day liability. Some clients take the news better than others.” Dealing with this “predictable” problem by way of preparing for Tax Day 2017.The Wandering Tax Pro : How the season shook out (“And another one bites the dust …”) for blogger Robert Flach.H&R Block : A personal tax calendar to help clients track info through all 12 months, not just during the 12 hours before Tax Day.Backtaxeshelp : Ways to help them get a bigger refund in 2017, starting with the question of whether smaller is actually better.
The skids
Tax Vox : John Kasich may be the candidate of ideas, but his GOP rivals seem to have more of this commodity, at least when it comes to taxes.Due Diligence : In this week’s collection: “Florida Doc Tries Bankruptcy to Avoid Whistleblower Lawsuit”; “Panama Papers … Who is Next (IRS Whistleblower Post)”; “Supreme Court Hears Implied Certification Whistleblower Case”; “Medicaid Fraud – Fed Audit Finds 10 States at High Risk”; “Two More Oil Businesses Hit the Skids”; and “Are Church and Religious Workers Covered by the FLSA?”Procedurally Taxing : Starting a catch-up on recent summary opinions from January, with February and March to come.
That’s progress
Solutions for CPA Firm Leaders : Most progressive CPA firms guarantee their work, either in a confidentiality pledge or commitment statement. Do you?
Mauled Again : A look at how the IRS recently concluded that a corporation’s matching contributions on account of employee political contributions are not deductible – “one instance where the complications are not a product of tax law.”
Tax Musings of a Burbank CPA : Even this blogger’s wife has received the ostentatiously threatening phone calls from sleazebags claiming to be the IRS. Another reminder of what to remind them about.
