In the blogs: Simple questions

ChatGPT in your firm; how much to charge; how we're wired; and other highlights from our favorite tax bloggers.

Simple questions

• Procedurally Taxing (https://procedurallytaxing.com): Guest blogger Ben Chanenson addresses, "What branch of government is the Tax Court in, anyway?"
• Mauled Again (http://mauledagain.blogspot.com/): How many tax breaks have been revoked because of stinky odors?
• University of Illinois Tax School (https://taxschool.illinois.edu/blog/): The Tax Relief, Unemployment Insurance Reauthorization, and Job Creation Act of 2010 introduced portability of the exclusion between spouses as an additional means of avoiding over-qualification of the marital deduction. So electing portability might seem easy. Is it? 
• Canopy https://www.getcanopy.com/blog): How can you use ChatGPT right in your very own firm?
• Sikich (https://www.sikich.com/insights/): What's in a good KPI in a professional firm?
• Boyum & Barenscheer (https://www.myboyum.com/blog/): Are your manufacturing clients eligible for green credits?
• Global Taxes (https://www.globaltaxes.com/blog.php): How do wealthy taxpayers fit into the nuts and bolts of the new IRS 10-year plan?
• Parametric (https://www.parametricportfolio.com/blog): A down market means more tax-loss harvesting opportunities. Should you jump at all of them?
• Sovos (https://sovos.com/blog/): Louisiana's notoriously complex sales tax system continues to evolve — but is it in the right direction?
• Taxbuzz (https://www.taxbuzz.com/blog): Who owned the recently tanked Vice Media?
• AICPA Insights (https://www.aicpa.org/blog): When has a given frontier ever been final? How to explore the metaverse.
• National Association of Tax Professionals (https://blog.natptax.com/): Opening comment of "The Best-Kept Retirement Secret for High-Income Earners?" "You've got to be kidding me. Why didn't my CPA tell me about this?"
• Surgent Income Tax School (http://www.theincometaxschool.com/blog/): So how much should you charge?

Matters of time

• Taxable Talk (http://www.taxabletalk.com/): One theory about why California returns were extended again.
• Don't Mess with Taxes (http://dontmesswithtaxes.typepad.com/): In the season of the yard sales and house cleaning, remind them how missing appraisals can ding charitable deductions.
• Palm Beach Accounting and Financial Services (https://www.pbafs.com/blog): The Federal Trade Commission has found that people lost $8.8 billion to fraud last year, up more than 30% from 2021. Learning how scammers work and taking a few preventative actions are your best bets, so share and spread these tips.
• The Rosenberg Associates (https://rosenbergassoc.com/blog/): Following an April's Fool blog about raising the retirement age to 85, a senior manager chimes in on succession and buyouts with our favorite passage of the week: "As a species, we are not wired to embrace change and new thinking. It is comical in this profession."
• Current Federal Tax Developments (https://www.currentfederaltaxdevelopments.com/): With the anticipated release of the 2023 draft 1065 Schedule K-1, the section of the partnership K-1 delineating partners' share of debts of the partnership may be subject to modifications.

Where the heart is

• TaxProf Blog (http://taxprof.typepad.com/taxprof_blog/): An overview of the scholarly literature on the characteristics and origins of tax havens. 
• Vertex (https://www.vertexinc.com/resources/resource-library/filter/field_asset_type/blog?page=0): As e-commerce continues to transcend borders and industries, how the customer experience will figure big in "tax transformation."
• Solutions For CPA Firm Leaders (https://ritakeller.com/wordpress/): This great blog has a new home but this is still not a good time for firms to adapt the status quo.
• Marcum (https://www.marcumllp.com/insights): What to remind families about succession planning and to remind business owners about raising capital.
• Institute on Taxation and Economic Policy (https://itep.org/category/blog/): Concerns over property taxes have been at the forefront this year as housing prices have climbed and property tax bills have often increased. As lawmakers mull a range of property tax cuts, a new report points toward a policy called "circuit breakers" as the best possible approach.

Drivers

• Federal Tax Crimes (http://federaltaxcrimes.blogspot.com/): In United States v. Upshur, the court held that a loss is intended loss rather than actual.
• Tax Pro Center (https://proconnect.intuit.com/taxprocenter/): A look at individuals' 1040 reporting for various payments and expenses connected to oil and gas.
• CPA Growth Trends (https://accountingmarketing.org/): Twenty-three awards for achievement recently went to marketers in (drum roll, please): advertising, branding, business development initiative, collateral and content marketing, events, marketing and PR campaigns, video and multimedia and a host of other categories. Congrats to the winners!