In the blogs: Just a sense

Tariffs’ effects; the right CMS; new blog on the block; and other highlights from our favorite tax bloggers.

Just a sense

• Avalara (https://www.avalara.com/blog/en/north-america.html): The latest on the tariffs ping-pong as fast as it comes in.
• HBK (https://hbkcpa.com/insights/): President Trump has outlined several tax and policy proposals that will affect U.S. manufacturing, proposing changes designed to reduce costs, increase investment and improve labor productivity. Key provisions that could reshape the landscape for manufacturers.
• CLA (https://www.claconnect.com/en/resources?pageNum=0): For your construction clients, how tariffs impact the industry, from material costs to project timelines and overall economic health.
• Tax Notes (https://www.taxnotes.com/procedurally-taxing): Former Taxpayer Advocate Nina Olson on why it’s worth reading the accompanying description of the Taxpayer Assistance and Service Act “just to get a sense of the magnitude of what is being proposed here.”
• Global Taxes (https://www.globaltaxes.com/blog.php): Another look at the “Residence-Based Taxation for Americans Abroad Act,” which could ease double taxation for U.S. citizens living overseas.
• Virginia – U.S. Tax Talk (https://us-tax.org/about-this-us-tax-blog/): U.S. estate tax treaties can be “help for foreigners but not U.S. citizens.”
• Tax Foundation (https://taxfoundation.org/blog): The German deduction system is very kompliziert even though most taxpayers in Germany only have wage income. Would simplifying the country’s income tax system produce more fairness and efficiency?

States’ rights

• Institute on Taxation and Economic Policy (https://itep.org/category/blog/): Tax changes nearing the finish line in many states include Kentucky being poised to enact an income tax cut, the Pennsylvania governor’s call to accelerate corporate tax cuts while closing corporate tax loopholes, the Ohio governor’s proposed new credit for children of working parents, and Virginia Democrats countering their governor’s proposed tax cuts.
• Withum (https://www.withum.com/resources/): Also, Washington’s treatment of “surcharges” for tariffs, fuel costs and credit card processing, Texas determining that hosting services for crypto mining hardware are not taxable, and Maine shifting sales tax imposition on tangible personal property to each periodic lease or rental payment.
• Sovos (https://sovos.com/blog/): Delaware’s anticipated invitation dates for voluntary disclosure agreements.

All that fits

• Dean Dorton (https://deandorton.com/insights/): Crocs Inc. faces a class-action suit over claims that it misled investors about the success of one of its brands, products of which were pushed to third-party wholesalers to falsely inflate sales numbers. Where could forensic accountants fit into this?
• TaxConnex (https://www.taxconnex.com/blog-): How do marketplace facilitators like Amazon fit into the growth of e-commerce and sales tax obligations?
• Don’t Mess with Taxes (http://dontmesswithtaxes.typepad.com/): Of a love of music, a shark from Finding Nemo and the stuff that readers can find via federal tax debt auctions.

Matters of time

• Canopy (https://www.getcanopy.com/blog): Top features to look for when selecting accounting-specific client management software.
• National Taxpayer Advocate (https://www.taxpayeradvocate.irs.gov/taxnews-information/blogs-nta): What to remind them about the Earned Income Tax Credit on the credit’s 50th birthday.
• The National Association of Tax Professionals (https://blog.natptax.com/): This “You Make the Call” looks at Diego, an active-duty military member stationed in Germany since last March. His spouse and young children remained in Florida in the home the couple owns together. This is Diego’s first deployment, and his spouse is unsure what filing status to use since Diego has not lived in their home for 10 months. Diego’s W-2 shows only $8,000 even though he is employed by the military full-time and received other non-taxable pay. The couple’s only other source of income is from the small business that Diego’s spouse owns, which nets $19,000 annually after expenses. Neither Diego nor his spouse attend school currently, but they do have eligible childcare expenses for both children. They are not separated and maintain their home equally. Which filing status is most beneficial?

New to us

• Massey and Company (https://masseyandcompanycpa.com/blog/): This CPA firm, based in Atlanta and Chicago, specializes in small biz, entrepreneurs and their families, and has a robust blog on a variety of topics. Recent entries cover 179D breaks, occupational fraud and how to field a federal lien. Welcome!