In the blogs: More disasters

Jackpot tax bite; still a hard world; it's your time; and other highlights from our favorite tax bloggers.

More disasters

• Taxing Subjects (https://www.drakesoftware.com/blog): The IRS aims to eliminate 200 million pieces of paper every year. A look at the next few steps in this grand plan.
• Procedurally Taxing (https://procedurallytaxing.com): The blogger finds Government Accountability Office reports on tax subjects to be an excellent source of data not otherwise available or easily available. GAO-23-105552, "IRS Could Better Manage Alternative Dispute Resolution (ADR) Programs to Maximize Benefits," is no exception. 
• Current Federal Tax Developments (https://www.currentfederaltaxdevelopments.com/): Proposed regs would add monetized installment sales as a listed transaction, subject to the reporting provisions found in the regulations under Sec. 6011 and the penalty rules of Sec. 6707A.
• Taxable Talk (http://www.taxabletalk.com/): The recent IRS announcement that crypto staking constitutes income should surprise no one.
• TaxProf Blog (http://taxprof.typepad.com/taxprof_blog/): We are, simply, having more disasters, with a corresponding increase in FEMA disaster declarations over time as well — with resulting tax and filing implications. 
• Mauled Again (http://mauledagain.blogspot.com/): The recent excitement about a lottery prize topping $1 billion has generated a blizzard of claims that the "government" or "the IRS" will "take" more than half the winnings. A discussion of how whoever makes this claim is wrong and whoever repeats it has failed to do independent research.
• Wolters Kluwer (https://www.wolterskluwer.com/en/solutions/tax-accounting-us/industry-news): So what should and should not show up on the much-heralded 2023 1099-K?

Looking murky

• Avalara (https://www.avalara.com/blog/en/north-america.html): The world's open for business again — and cross-border commerce is just as tough as ever. 
• Tax Vox (https://www.taxpolicycenter.org/taxvox): Inflation, stock and oil volatility, the shift in federal monetary policy and changes in consumer spending: With more fiscal data coming in, the long-term health of state budgets looks murky. But due to differences in state economic conditions, employment rates, industry compositions and tax structures, factors are affecting individual states differently.
• Sovos (https://sovos.com/blog/): Tax considerations in California, among others, as we head into unclaimed property season.
• Taxjar (https://www.taxjar.com/resources/blog): Does Kentucky tax services?
• TaxConnex (https://www.taxconnex.com/blog-): Telecommunications presents tricky questions on taxation. Many of the state/local taxes and fees can be exempted, for instance. Exempting regulatory fees is another story.
• Taxbuzz (https://www.taxbuzz.com/blog): Pennsylvania has expanded its property tax and rent rebate program for the first time in 17 years. 

The shining

• The Rosenberg Associates (https://rosenbergassoc.com/blog/): When clients and leaders get in touch, a professional's job is to respond ASAP. At least, that's the norm, but "always available" has its downside. Enter Focused Work Time.
• Canopy (https://www.getcanopy.com/blog): Did you realize you "could save 52 days a year by automating simple tasks?" Just one of the "5 Keys to Success in the Evolving Accounting Industry."
• University of Illinois Tax School (https://taxschool.illinois.edu/blog/): Fav headline of the week: "Are Pass-Through Entity Taxes Worth the Hype?"
• Turbotax (https://blog.turbotax.intuit.com): How strikes affect workers' taxes.
• Solutions For CPA Firm Leaders (https://ritakeller.com/wordpress/): For the good of your staff, let in the sunshine.
• Don't Mess with Taxes (http://dontmesswithtaxes.typepad.com/): What to remind them about federal tax breaks and home energy audits.
• HBK (https://hbkcpa.com/insights/): Your tax-exempt clients aren't required to publicly disclose on the 990 Schedule B the names or address of contributors. Key to note, though, that "publicly" refers to anyone other than the IRS.