The implications of delaying ACA repeal, getting media exposure during filing season, and other highlights from our favorite tax bloggers.
- Tax Vox (http://taxvox.taxpolicycenter.org): A look at the tax reform implications of delaying ACA repeal – the latter itself a concept with “significant implications for a big 2017 tax bill.”
- Tax Analysts (http://www.taxanalysts.org/tax-analysts-blog): And another thing: “Reform is in the eye of the beholder.” That’s followed by one of our favorite lines of the week, “The elements of any given effort at tax reform resemble a tub of Play-Doh, before the stuff becomes an actual thing. What ultimately emerges from the pliable, sweet-smelling goo depends on the vision and skill of the crafters.”
- IRS Problem Solver (http://www.getirshelp.com/irsblog/): Part one of a look at good marketing ideas for small accounting firms, starting with a key question: “How successful do you want to be in your tax career?”
- H&R Block (http://blogs.hrblock.com/): Wouldn’t at least some of your clients like to have put away a grand by the end of 2017? Here’s how to help them.
- Solutions for CPA Firm Leaders (http://ritakeller.com/blog/): You’ve probably already fixed a destination for your practice such as going truly paperless, but making a living being what it is, something always distracts you. Here’s how to remember to stay focused.
- Taxjar (http://blog.taxjar.com/): How to make e-mail marketing automation work for your practice.
- Sageworks (https://www.sageworks.com/blog/default.aspx): Exactly what does it mean to be an entrepreneurial accountant?
- Intuit Proconnect (http://taxprocenter.proconnect.intuit.com/): Tax Pro Andrew Poulos offers his opinions on “How to Get Media Exposure During Tax Season.”
- Liberty Tax (https://www.libertytax.com/tax-lounge/): Seven tax-saving tactics to pass on to clients. Remember: They never listen the first time.
- Procedurally Taxing (http://www.procedurallytaxing.com/): Guest blogger Carl Smith analyzes the 7th Circuit’s recent opinion in Tilden v. Comm’r. The opinion discusses two issues: whether the time to file a petition in Tax Court in a deficiency case is jurisdictional, and the proper application of the timely mailing regulations.
- Mauled Again (http://mauledagain.blogspot.com/): This week’s entry opens with the Facebook meme: “Put $100 in the hands of a poor person, and that person will spend it because that person needs to do so. Put the $100 in the hands of a rich person, and the rich person doesn’t do anything, because that person doesn’t need to do anything.” In short, “Who Pays the Price for Trickle-Down Tax Policy Failures?”
- Rubin on Tax (http://rubinontax.blogspot.com/): A look at a recent private letter ruling determining that a large grant at the time a new organization had begun operations qualified as an unusual grant.
- Summing It Up (http://blog.freedmaxick.com/summing-it-up): How FASB’s recent ASU 2016-16 “adds transparency and simplifies reporting” to the prescribed method of accounting for income taxes on the sale of assets between affiliated companies.
- Tax Policy (http://taxfoundation.org/blog): A look at a tax compromise proposal in Illinois that comprises tax changes, pension reforms and expanded gambling operations in the state. As if all of reforming taxes at any level isn’t basically rolling the dice … .
- The Wandering Tax Pro (http://wanderingtaxpro.blogspot.com/): Oh, don’t stick a flyer for a tax prep giant on the windshield of blogger Robert Flach!
- Musings of a Burbank CPA (http://briantstonercpa.com/blog/#sthash.OkfGp9NM.dpbs): First of a rebooted five-part series on just letting successful investments run.
- Due Diligence (http://www.mahanyertl.com/mahanyertl/): In this week’s collection: “Ocwen’s Newest Lie?”; “ ‘Banks Pump Up?’ So Do Whistleblower Lawyers!”; “FCPA Foreign Bribery Active Investigations – Last Call for Whistleblowers”; “Kaiser Health News”; “First Loan Officers, Now PNC Asst. Managers Win FLSA Suit”; “When Whistleblowers Do Things Their Way”; and “Freedom Mortgage Found Guilty of Defrauding Homeowner.”
- ClientWhys (http://www.clientwhys.com/blog.iml): Tax pros are the target of the latest phishing scam in which crooks ask for help preparing a return or with a similar service. Do not visit the site, do not log in and do not provide legitimate details.
- Federal Tax Crimes (http://federaltaxcrimes.blogspot.com/): Nuggets from the IRS Whistleblower Program Fiscal Year 2016 Annual Report to Congress, including amounts collected – which, believe it or not, may be low compared with future years now in the pipeline.