Headaches and highlights of the season; righting a use of property taxes; lots of luck; and other highlights from our favorite tax bloggers.
Post-game show
- The Rosenberg Associates (
https://rosenbergassoc.com/blog/ ): How 20 midsized firms from Chicago saw the 2023 season. One of the only real headaches was a perennial one: staffing. - Wolters Kluwer (
https://www.wolterskluwer.com/en/solutions/tax-accounting-us/industry-news ): What to advise clients, by the numbers, about the 2022 returns that the IRS still has to get through. - National Association of Tax Professionals (
https://blog.natptax.com/ ): What is the "Annual Filing Season Program — Record of Completion" and how can it set you apart from the competition? - The Wandering Tax Pro (
http://wanderingtaxpro.blogspot.com ): How energy efficiency is back in vague, escorted by taxes. - Von Lehman CPA and Advisory Firm (
https://vlcpa.com/articles/ ): For nonprofit clients, how the accounting department can work smoother with development. - TaxMama (
http://taxmama.com ): The timeless hobby-or-job? question.
Location location location
- Tax Foundation (
https://taxfoundation.org/blog ): A look at the Ways & Means Committee chair's recent introduction of legislation in response to the global minimum tax that would escalate taxes on companies and individuals from countries that impose extraterritorial and discriminatory taxes on U.S. taxpayers. - Virginia – US Tax Talk (
https://us-tax.org/about-this-us-tax-blog/ ): For the past six years, the IRS LB&I Division has been shifting to a new audit strategy known as "campaigns." This concentrates on tax issues that will have the broadest impact on compliance while efficiently using IRS resources. Sounds logical (even vital, as the agency's budget yo-yos). How international tax matters are prime "campaign" targets. - Avalara (
https://www.avalara.com/blog/en/north-america.html ): After wrapping up your last Zoom meeting of the workday, you close your laptop and focus on dinner. You order a large pepperoni using a mobile phone app, then track delivery via the restaurant's text messages. You wind down the day by gathering with your family in the living room to call grandma on her old-school landline. So, you wonder later as you drift away to your dreams, what is communication service tax, and which companies pay it? - Armanino (
https://www.armanino.com/articles/ ): More states are requiring businesses to make retirement plans available for employees; some states plan to require organizations with even a single eligible employee to offer a plan. What must business clients know to comply with such spreading mandates? - Taxjar (
https://www.taxjar.com/resources/blog ): A look at South Carolina's sales tax on services. - Mauled Again (
http://mauledagain.blogspot.com/ ): The Supreme Court has ended a bad property tax practice. - Taxable Talk (
http://www.taxabletalk.com/ ): Gambling and taxes in the Rocky Mountain State, according to Joe Unlucky and Larry Lucky.
By the numbers
- Federal Tax Crimes (
http://federaltaxcrimes.blogspot.com/ ): In United States v. Asker, the court held that where the restitution for tax loss was allegedly higher than the tax due, the district court had no authority to reduce the amount. - Canopy (
https://www.getcanopy.com/blog ): Responses to a couple of questions that were left unanswered from a recent webinar on filing a Form 2848 for clients. - TaxConnex (
https://www.taxconnex.com/blog- ): Ten steps for your ecommerce clients to manage sales tax obligations. - Taxbuzz (
https://www.taxbuzz.com/blog ): What to remind them about the differences between two popular options for tapping into home equity: reverse mortgages and home equity loans. - Palm Beach Accounting and Financial Services (
https://www.pbafs.com/blog ): What's money doing for all of us?
Snail mail
- Current Federal Tax Developments (
https://www.currentfederaltaxdevelopments.com/ ): Uh-oh Dept: A recurrent discussion among tax professionals is the applicability of the timely mailing rule outlined in IRC 7502. A look at a case that addresses the consequences when a taxpayer submits a document without utilizing certified mail, registered mail or an approved private delivery service. - EideBailly (
https://www.eidebailly.com/taxblog ): Fave headline of the week: "Tax News & Views: Debts, Asparagus and Escargot Roundup." - The Tax Times (
https://www.thetaxtimes.com ) This one's pretty nice, too: "Would You Like Your Philly Cheesesteak With or Without Prison Time?"
