In the blogs: Get yourself ready

Preparing for OBBBA; your firm: the next generation; courage and foolishness; and other highlights from our favorite tax bloggers.

Get yourself ready

Essentially

• National Taxpayer Advocate (https://www.taxpayeradvocate.irs.gov/taxnews-information/blogs-nta/): School is out and so are report cards. It’s also time for the Taxpayer Advocate Service to publish its report card for the IRS. Plus, another look at TAS’s recent report to Congress.
• TaxProf Blog (http://taxprof.typepad.com/taxprof_blog/): A recent article examines the fundamental flaws in IRC Sec. 4960, which imposes an excise tax on nonprofit executive compensation exceeding $1 million. The provision, enacted as part of the Tax Cuts and Jobs Act, rests on three fallacies.
• Current Federal Tax Developments (https://www.currentfederaltaxdevelopments.com/): American Lighting Company, Inc. v. United States of America had to be filed on June 25, 2025, because it was critically close to the two-year statute of limitations for a refund suit, given the IRS’s refund claim denial date of June 26, 2023. How the reason for this precise timing and why the IRS’s lack of action put the taxpayer at risk, with a look at procedural rules specific to refund suits and the unusual handling of Employee Retention Credit disallowances by the IRS.
• The National Association of Tax Professionals (https://blog.natptax.com/): This “You Make the Call” looks at Edna and Stacy, who own the accounting practice Counting Cowgirls LLC, and who purchased a 2025 Subaru Forester and wrapped it with a vinyl graphic to promote their business. Is 100% of the mileage for the wrapped vehicle deductible now that it’s essentially a mobile billboard?
• Canopy (https://www.getcanopy.com/blog): Do you really want the next generation of leadership at the firm that you worked hard to build to just figure it out along their way? Tips to prepare them.
• Mauled Again (http://mauledagain.blogspot.com/): Hard to Tell the Difference Dept.: “Was This Convicted Tax Return Preparer Courageous or Foolish?”

What if?

• CLA (https://www.claconnect.com/en/resources?pageNum=0): Real-estate-owning clients looking for ways to streamline tax compliance and enhance deductions can look to an often-overlooked strategy: the de minimis safe harbor election.
• Sikich (https://www.sikich.com/insights/): From roll-ups to what-ifs: What association clients need to look for in budgeting tools.
• AICPA & CIMA Insights (https://future.aicpa.org/blog): How generative AI can help, and harm, practices.
• Avalara (https://www.avalara.com/blog/en/north-america.html): An updated list of states’ sales tax holidays.
• Wiss (https://wiss.com/insights/read/): How to get ready for New York State’s new Secure Choice Savings Program, a state-mandated automatic-enrollment Roth IRA for employers who don’t already offer a qualified retirement plan.
• Yeo & Yeo (https://www.yeoandyeo.com/resources): What to remind startup clients about their extremely complex tax situation.
• The Sales Tax People (https://sales.tax/expert-articles/): Imagine your client has launched a new product. Everything looks to be moving smoothly — until the tax questions start rolling in. Somebody forgot about sales tax code mapping.
• Armanino (https://www.armanino.com/articles/): Acquisition accounting can be a bit tricky, and one item that companies often overlook is the accounting for operating leases in a business combination. Under ASC 842 rules, companies must report nearly all operating leases on their balance sheets. But the accounting rules for leases acquired in a business combination are not intuitive and can raise a host of considerations.