Post-Chevon; sending your marketing out; new blog in town; and other highlights from our favorite tax bloggers.
Unprecedented waves
- Tax Vox (
https://www.taxpolicycenter.org/taxvox ): Regulatory flexibility is especially important for tax law: Congress frequently leaves it to the Treasury and IRS to fill in statutory gaps either because taxes are complex or lawmakers can't agree how to address an issue. Lawmakers often leave tax law to the IRS and Treasury because they know they can, thanks in large part to the Chevron precedent. But what now? - The Buzz About Taxes (
http://thebuzzabouttaxes.com/ ): Between Farhy and Moore, "It has been another exciting first half of a year" for the tax community. - Global Taxes (
https://www.globaltaxes.com/blog.php ): The impact of Farhy before it, possibly, heads to the Supreme Court. - Gordon Law (
https://gordonlawltd.com/blog/ ): Changes at the IRS will soon lead to "an unprecedented wave" of crypto audits and investigations. - The Tax Times (
https://www.thetaxtimes.com ): In Belagio Fine Jewelry Inc. v. Commissioner, a company's one-day-late filing of a petition for an employment tax determination does not deprive the U.S. Tax Court of jurisdiction in the case. - AICPA & CIMA Insights (
https://www.aicpa-cima.com/blog ): By way of intro to an upcoming conference, a backgrounder on the new classifications of cannabis and possible impacts on the industry. - Current Federal Tax Developments (
https://www.currentfederaltaxdevelopments.com/ ): Still, "the IRS [reminds] taxpayers that marijuana remains a Schedule I substance … and that IRC §280E continues to apply."
Fever dreams
- Institute on Taxation and Economic Policy (
https://itep.org/category/blog/ ): Favorite headline of the week: "Reality Interrupts the Fever Dream of Income Tax Elimination in Kentucky." - Palm Beach Accounting and Financial Services (
https://www.pbafs.com/blog ): Inflation comes in many sneaky forms. A look at "lifestyle inflation" and how to spot it before it becomes a problem. - National Association of Tax Professionals (
https://blog.natptax.com/ ): A recent webinar examines the ever-pertinent matter of divorce and taxes.
Legitimate stuff
- TaxConnex (
https://www.taxconnex.com/blog- ): College students work tech wizardry on refunds, and liability gets personal again for an exec: highlights of the latest developments in sales tax. - Vertex (
https://www.vertexinc.com/resources/resource-library/filter/field_asset_type/blog?page=0 ): Property taxes fluctuate across states and localities and the scope of the variance is startling. The relationship between property tax reductions and sales tax rates in the U.S. also may surprise indirect tax pros. - Withum (
https://www.withum.com/resources/ ): What to remind them to bring document-wise when they meet with a financial planner (bring as many as 30 items). - Taxjar (
https://www.taxjar.com/resources/blog ): Puerto Rico is an unincorporated U.S. territory rather than a state, but many of the same state sales tax considerations still apply. - Sikich (
https://www.sikich.com/insights/ ): There are real reasons that someone might want to spoof caller ID. How to do so on Microsoft Teams. - Virginia – U.S. Tax Talk (
https://us-tax.org/about-this-us-tax-blog/ ): The National Taxpayer Advocate must submit two annual reports to Congress without any prior review or comment from the IRS. The NTA report for FY 2025 was just issued and includes various advocacy objectives, two of which are significant for Americans abroad. - HBK (
https://hbkcpa.com/insights/ ): Vermont has repealed the sales and use tax exemption for prewritten computer software accessed remotely, a.k.a. SaaS. - Mauled Again (
http://mauledagain.blogspot.com/ ): Changing a few words doesn't make it easier to persuade people and legislatures to adopt mileage-based road fees. - Armanino (
https://www.armanino.com/articles/ ): From gaps and needs to when to hire an agency, what to think about when you think about outsourcing your practice's marketing and advertising.
New to us
- Dean Dorton Insights (
https://deandorton.com/insights/ ): This ever-growing firm (which recently cracked Accounting Today's Top 100 andmerged in VonLehman CPA & Advisory) has a fine section of Insights. Recent topics include an interactive tool for improper Medicare fees, KPIs and how employers with legit Employee Retention Credit claims are now stuck in line. Welcome!