In the blogs: Answer unclear; ask again later

E-comm challenges; advising on biz sales; the IRS and math errors; and other highlights from our favorite tax bloggers.

Answer unclear; ask again later

• Taxbuzz (https://www.taxbuzz.com/blog): So is Social Security tax-free under the One Big Beautiful Bill Act? Tell clients "almost."
• Institute on Taxation and Economic Policy (https://itep.org/category/blog/): How much would every family in every state have gotten if OBBBA's tax cuts had been evenly divided?
• Trout CPA (https://www.troutcpa.com/blog): Handy rundown of current tax law versus OBBBA.
• The Tax Times (https://www.thetaxtimes.com): What reform means for GILTI and U.S. corporate taxpayers.
• Parametric (https://www.parametricportfolio.com/blog): And the bill's impact on mid-year tax planning.
• CLA (https://www.claconnect.com/en/resources?pageNum=0): The FDIC has proposed significant updates to 12 CFR Part 363 (FDICIA), which governs annual independent audits and reporting requirements for insured depository institutions. What the proposed rules and what they would mean for banks.
• Sikich (https://www.sikich.com/insights/): M&A remains underwhelming this year; tariffs and policy uncertainty don't help.
• Massey and Company (https://masseyandcompanycpa.com/blog/): Yes, a homeowners' association can be a nonprofit. What exemptions are available?
• Taxable Talk (http://www.taxabletalk.com/): In this year's World Series of Poker, zero is the best tax number.
• TaxProf Blog (http://taxprof.typepad.com/taxprof_blog/): Rebecca Morrow's "The Income Tax as a Market Correction" offers a profound ("somewhat cheeky") retort to the many economists who call the income tax inefficient.
• Mauled Again (http://mauledagain.blogspot.com/): Why a mileage-based road fee beats a federal fuel tax increase.
• Virginia – U.S. Tax Talk: (https://us-tax.org/about-this-us-tax-blog/): If the expatriation regime applies to a denaturalized citizen, it imposes an exit tax through a deemed sale of worldwide assets, as well as a 40% transfer tax on gifts or inheritances received by U.S. individuals from the former citizen: an explosive and yet unexplored topic.

Stated bluntly

• Withum (https://www.withum.com/resources/): Washington Gov. Bob Ferguson recently signed legislation enacting significant tax hikes to both the state's business & occupation and its sales & use taxes. Both aim to fill a large gap in the state's budget.
• Tax Foundation (https://taxfoundation.org/blog): Oklahoma continues to pursue pro-growth tax reform, pursuing a variety of reforms to the corporate and individual income tax. Why it should, however, avoid policies that would hurt the economy, like enacting a wholesale elimination of the property tax.
• The Sales Tax People (https://sales.tax/expert-articles/): Social marketplace spending is growing fast, perhaps $200 billion by the end of the decade. For clients looking to tap into this bonanza, what are the sales tax implications?
• Vertex (https://www.vertexinc.com/resources/resource-library/filter/field_asset_type/blog?page=0): Is your team generally ready to handle e-commerce clients?
• Avalara (https://www.avalara.com/blog/en/north-america.html): Sales tax holidays might be fun for politicos to trumpet to consumers/voters, but these often-fluid breaks can drive e-commerce clients nuts. What could be done to improve holiday scheduling?
• TaxConnex (https://www.taxconnex.com/blog-): Remember when "movie night" meant a ticket, a $7 tub of popcorn coated yellow and a warm fold-down seat that a stranger had been sitting in moments before? No more: a look at sales tax and streaming services.
• Taxjar (https://www.taxjar.com/resources/blog): Why manual sales tax tools don't always scale.
• Sovos (https://sovos.com/blog/): Part 2 of the blog series with KPMG continues to look at global e-invoicing.

Math hysteria

• The National Association of Tax Professionals (https://blog.natptax.com/): Stocks vs. assets, taxability of goodwill, installment methods: What tax pros should know before advising on a business sale.
• Tax Pro Center (https://accountants.intuit.com/taxprocenter/): A recent panel discussion looked at how AI can fit into your productivity and client work.
• Current Federal Tax Developments (https://www.currentfederaltaxdevelopments.com/): Substantiation of deductions often proves contentious, particularly with noncash charitable contributions. The recent Tax Court opinion in John Henry Besaw v. Commissioner provides a stark reminder of the record-keeping required to preserve these deductions.
• Wiss (https://wiss.com/insights/read/): What to remind them about the key benefits of outsourcing accounting services.
• Armanino (https://www.armanino.com/articles/): And a step-by-step checklist to see if outsourcing is finally right for your client.
• Taxnotes (https://www.taxnotes.com/procedurally-taxing): Imagine the IRS asserts that your client has a "math error" on their return under Sec. 6213. You don't think there's an error, so you send a timely request for abatement, which by law the IRS should honor. What happens if the IRS doesn't?