IRS happenings; minimal talk of de minimis; new blog on the block; and other highlights from our favorite tax bloggers.
Lotus operandi
Welcome to the dance
Opportunities and complications
- Taxpayer Advocate Service (
https://www.taxpayeradvocate.irs.gov/taxnews-information/blogs-nta/ ): Proposed voluntary withholding agreements in the Taxpayer Assistance and Service Act could change the game for independent contractors. - Tax Notes (
https://www.taxnotes.com/procedurally-taxing ): In United States v. Schaedler-Moore, a tenant who became an owner of a property contested the foreclosure action brought by the IRS. How the reason for contesting makes sense given the tenant’s financial outlay even if her legal arguments fail. - Meyers Brothers Kalicka (
https://www.mbkcpa.com/insights ): Remind them that transfers of business interests or other assets to family members opens a three-year window where the IRS can challenge the values for gift tax purposes but that the statute of limitations doesn’t kick in until one “adequately” discloses the transfers to the IRS. - Virginia – U.S. Tax Talk (
https://us-tax.org/about-this-us-tax-blog/ ): Stock options have become a key part of the expat executive’s compensation package, especially when working for foreign employers. How these opportunities come with complex U.S. tax implications. - Canopy (
https://www.getcanopy.com/blog ): Professional proposals are key to winning new clients and long-term relationships. What are the benefits of proposal software for accountants? - TaxProCenter (
https://accountants.intuit.com/taxprocenter/ ): When you’re a tech-savvy tax pro, everything starts to look like it can be automated. Can and should it be?
Lens is more
New to us
- Wiss & Company (
https://wiss.com/insights/read/ ): This accounting and advisory firm, around for more than five decades, has a blog with great categories, including tax and AI — and lately, a robust selection on tariffs. Welcome!
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