Nuances of VAT; financial gift ideas; welcome, outstanding offenders; and other highlights from our favorite tax bloggers.
Stepping off
- Tax Vox (
https://www.taxpolicycenter.org/taxvox ): Recent oral arguments in Moore made one thing clear: The Supreme Court has little interest in blowing up the Tax Code. Where, then, is the off ramp? - Procedurally Taxing (
https://www.taxnotes.com/procedurally-taxing ): How the Sixth Circuit's recent Freed v. Thomas suggests that the issue of strict foreclosure for delinquent property tax may not be resolved. - University of Illinois Tax School (
https://taxschool.illinois.edu/blog/) : Best wishes to a retiring longtime and beloved tax educator.
Widespread developments
- Global Taxes (
https://www.globaltaxes.com/blog.php ): A man who worked simultaneously for employers on the West Coast and in the People's Republic of China may be on the hook for failure to file FBARs. - Vertex (
https://www.vertexinc.com/resources/resource-library/filter/field_asset_type/blog?page=0 ): Who'd have thought that three letters could cause so much befuddlement? Just about everybody who's been in international e-commerce: "What Is the Difference Between VAT Compliance and VAT Reporting?" - TaxConnex (
https://www.taxconnex.com/blog- ): How the holidays did online ($15.7 million every minute?) is one of the major recent doings in sales tax. - Peisner Johnson (
https://peisnerjohnson.com/blog/ ): Autos, short-term lodging, equipment: What sales tax applies to leases and rentals? And how do you make sure of compliance? - Avalara (
https://www.avalara.com/blog/en/north-america.html ): Bag and retail fees loom in more states as shopping patterns change, not to mention that sales tax holidays have gone bonkers.
Simply put
- Canopy (
https://www.getcanopy.com/blog ): Three big topics from a recent webinar – capacity management, tax season and virtual firms — reveal new challenges to staying on task and keeping teams and clients happy. Five tips to help handle these challenges. Among them: Go digital wherever possible and pin clients down ASAP. - Taxbuzz (
https://www.taxbuzz.com/blog ): How homeowners' associations can avoid seven common tax pitfalls. - Boyum & Barenscheer (
https://www.myboyum.com/blog/ ): Even when they're nonprofits, trade associations and chambers of commerce generally qualify for a tax exemption under Sec. 501(c)(6). And these "business leagues" must adhere to a unique set of rules. - Don't Mess with Taxes (
http://dontmesswithtaxes.typepad.com/ ): When the recipient is a young adult, this time of year doesn't have to mean another jaunt to the mall or a clickfest with Amazon. Financial gift ideas. - Marcum (
https://www.marcumllp.com/insights ): Favorite headline of the week: "A Simple Calculation Does Not Imply a Simple Conclusion." - Taxable Talk (
http://www.taxabletalk.com/ ): Nominations now open for Tax Offender of the Year.