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• TaxProf Blog: Announcement of the IRS’s 2013 inflation adjustments and a look at proposed marginal tax rates on the French rich -- and could it happen here? Also, the 10 most corrupt tax loopholes and “Pink Floyd and the Progressive Income Tax.”
• The Wandering Tax Pro: Also covers 2013 IRS inflation adjustments, and an offer for practice-management compilations of forms, schedules and worksheets.
• Rubin on Tax: Tax attorney Charles Rubin discusses first-time abate relief and how the IRS still considers the Defense of Marriage Act still the letter of the law.
• Tax Vox: Howard Gleckman tackles the “real lesson” about capping itemized deductions. Roberton Williams also wonders “How Much Revenue Would a Cap on Itemized Deductions Raise?”
• Mauled Again: Professor Maule asks if we’re “Fishing for Deductions” and also what flavor tax we’d prefer: income, earned income, sales or property.
• Roth & Co.: Joe Kristan asks, “How Big Can Small Be?” as part of the tax roundup. Plus, the annual limit of the gift tax going to $14,000 in 2013.
• Tax, Society & Culture: “What’s a Derivative?” from NPR’s Ask a Banker.
The campaign heats up
• BackTaxesHelp: Rebecca Lake presents a study, funded by the nonpartisan Congressional Research Service, that supports Obama’s tax plan and undermines Romney’s.
• Taxgirl: Kelly Phillips Erb, who blogged live from the recent presidential and vice presidential debates, ponders if the debates offer enough “hope and change” for the Democratic ticket.
• Don’t Mess with Taxes: Kay Bell reports on President Obama’s threatening to veto any “fiscal cliff” bill that doesn’t raise taxes for the rich, plus a reminder that it’s time to enroll in workplace-based benefits, including spending accounts.
• Tax Policy: Joseph Henchman runs down governors’ reactions to the recent State Business Tax Climate Index, including New York Gov. Andrew Cuomo’s broadside after his state slipped a notch to dead last in terms of its tax system. Also, how the Joint Committee on Taxation’s report shows how a “Romney-Style Tax Plan Could Boost GDP and Jobs.”
The coming season
• Taxable Talk: EA Russ Foxx of Clayton Financial and Tax of Las Vegas and Bethesda, Md., tells why Tax Season 2013 is likely to give him (lots more) gray hair, plus a rundown of California’s biggest tax delinquents.
• Our Taxing Times: Trish McIntire notes that PTIN renewal is now available, and issues still surrounding the looming start of e-filing for Tax Season 2013.
• TaxMama: “’I hate to ruin your day (son), but I have to tell you that your mother and I are divorcing; forty-five years of misery is enough … .’” So begins this look at senior divorce.
Enforcement and courts
• The Tax Factor: Reports on an Ohio tax-fraud case (four guilty pleas), a Maryland business owner to failed to pay almost $300,000 in taxes, and a scam warning from the Better Business Bureau.
• A Taxing Matter: Another court striking down DOMA and Romney’s tax miscalculations and increasingly infamous “Binder full of women” comment.
• IRS Problem Solver Blog: Darren Mish writes on a Native American tribe’s long, and probably unsuccessful, fight with the IRS over gambling profits as personal income. Also, new fraud-fighting tools at the IRS and SEC.
Time to test
• The RTRP Blog: Gleim’s new question bank online for the RTRP test, plus guest blogger Nick L. writes on growing and learning as a tax professional.
• Expatriatetaxreturns.com: A reminder that expats are not exempt from U.S. returns.
• Taxes for Expats: Warning: If the expat signs their return and checks “No” on schedule B indicating that they have no foreign bank accounts that need to be reported (when you actually did have accounts), the Court has held that act alone shows willful failure to file the FBAR form. Also, how far back the IRS will delve for information from foreign banks on U.S. holders of accounts.