In the blogs: Great minds

Trump’s tax policy guy; states copy the feds; what’s in a name; and other highlights from our favorite tax bloggers.

And we’re off

Current Federal Tax Developments (https://www.currentfederaltaxdevelopments.com/): Out with the good news and in the bad: Matthew Hutcheson, convicted of wire fraud in 2013 and sentenced to 17 years, had his remaining sentence commuted by President Biden as part of his end-of-term pardons. Three days into this year, though, the Tax Court tagged Hutcheson for taxes on what he’d embezzled that led to those convictions.
TaxProf Blog (http://taxprof.typepad.com/taxprof_blog/): A look at Ken Kies, named by Trump to be Treasury assistant secretary for tax policy.
Don’t Mess with Taxes (http://dontmesswithtaxes.typepad.com/): Time’s running out for 2025’s first batch of taxpayers who got filing extensions due to disasters in 2024.
Mauled Again (http://mauledagain.blogspot.com/): A new year, an old problem and a fresh, different stage: A look at a recent IRS warning about tax lies on social media.
TaxConnex (https://www.taxconnex.com/blog-): Every new year brings a ton of developments in all varieties of tax (with the next couple of years being People’s Exhibit A). Sales tax, driven by burgeoning ecommerce, again has more than its share of trends on tap.
U of I Tax School (https://taxschool.illinois.edu/blog/): A look back at this blog’s top entries of 2024 include such topics as employees versus contractors, 1099-Ks and the ever-popular beneficial ownership information reporting.
John R. Dundon II EA (http://johnrdundon.com/blog/): Why the blogger recommends voluntary BOI filing no matter the back and forth on the subject in courts.

Great minds

Taxbuzz (https://www.taxbuzz.com/blog): “Rob Gronkowski and Elon Musk Agree: It’s Time to Simplify the U.S. Tax Code.”
Tax Vox (https://www.taxpolicycenter.org/taxvox): States can be labs for tax moves, but the reverse can also happen: The federal Child Tax Credit has inspired Minnesota to launch its own credit.
The Buzz About Taxes (http://thebuzzabouttaxes.com/): In the landmark Bruyea v. United States decision, the U.S. Court of Federal Claims has ruled in favor of a dual Canadian-U.S. citizen, allowing a treaty-based foreign tax credit to be applied against the NIIT.
Institute on Taxation and Economic Policy (https://itep.org/category/blog/): How undocumented immigrants do pay a hefty share of taxes.
Gordon Law (https://gordonlawltd.com/blog/): Could Puerto Rico become the next big crypto tax haven?