Highlights of some of our favorite tax-related blogs from the past week.

Fries With That?

  • Tax Vox: Whopper of a tax move: How five Senate Democrats asked Burger King to not move its legal headquarters to lower-tax Canada, accusing the chain of trying to avoid paying its fair share. Thing is, “If not Burger King’s way, what way?”
  • The Tax Times: A look at recent IRS info on data for Tax Year 2012 from 1042-S that shows that only 13.1% of all U.S. source payments are subject to U.S. withholding tax and of that withholding tax rates average 25.37%.
  • H&R Block blog: It’s a carefree worklife until April: Freelancers’ penalties under the ACA.
  • Tax Girl: “Most taxpayers know that deductions are available for businesses which suffer a loss as a result of a theft or casualty (like a natural disaster). But did you know that individual taxpayers can claim a tax deduction for those losses, too?” Also a star NFL back virtually stiffs a waitress on the tip – can you actually deduct 20 cents? – and commuter tax benefits for back to school.


  • Due Diligence: What did ever happen to Anderson Scott Hall?
  • Roth & Co.: Our kind of opening: “In the misty early days of my tax career, S corporation elections were a big thing.” Ah, the fog of youth. Only recently did the perfect case for converting a C corp to an S loom before this blogger.

Savings Galore

  • Tax Break: The TurboTax blog: Trim the fat and trim the expenses. Also, recovering from too much wallet opening during summer’s fun. We do defy anyone who takes a fun vacation these days to not suffer sticker shock from the credit card bill a month or two later.
  • Musings of a Burbank CPA: The taxing of six types of retirement income and how only the Roth IRA seems to emerge unscathed, “although some qualified plans have a Roth component in them.” This blogger’s vote? “An awesome deal.” Also, in the Don’t-Touch-That-Dial Dept., “CPAs Sue IRS over PTIN Fees (Accounting Today).

Truth be told

  • TaxProf Blog: A look at Truthdigger of the Week David Cay Johnston, “worthy of recognition for speaking truth to power, breaking the story or blowing the whistle.” Key to the nod: “Since Ronald Reagan and his successors in government began restructuring the Tax Code, American society has become increasingly unfair. Because of wide-ranging investigative reporters like David Cay Johnston, those of us with time and concern have the opportunity to learn a little about it.”
  • Solutions For CPA Firm Leaders: To truly succeed, you have to know how to tell people what to do  and trust them to do it. Sounds simpler, as it turns out, than it actually is.

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