Tariffs’ results; the proper CMS; new weblog on the block; and different highlights from our favourite tax bloggers.
Only a sense
- Avalara (
https://www.avalara.com/weblog/en/north-america.html ): The most recent on the tariffs ping-pong as quick because it is available in. - HBK (
https://hbkcpa.com/insights/ ): President Trump has outlined a number of tax and coverage proposals that can have an effect on U.S. manufacturing, proposing modifications designed to cut back prices, enhance funding and enhance labor productiveness. Key provisions that might reshape the panorama for producers. - CLA (
https://www.claconnect.com/en/sources?pageNum=0 ): On your building shoppers, how tariffs influence the trade, from materials prices to venture timelines and general financial well being. - Tax Notes (
https://www.taxnotes.com/procedurally-taxing ): Former Taxpayer Advocate Nina Olson on why it is value studying the accompanying description of the Taxpayer Help and Service Act “simply to get a way of the magnitude of what’s being proposed right here.” - International Taxes (
https://www.globaltaxes.com/weblog.php ): One other take a look at the “Residence-Primarily based Taxation for People Overseas Act,” which may ease double taxation for U.S. residents residing abroad. - Virginia – U.S. Tax Speak (
https://us-tax.org/about-this-us-tax-blog/ ): U.S. property tax treaties could be “assist for foreigners however not U.S. residents.” - Tax Basis (
https://taxfoundation.org/weblog ): The German deduction system could be very kompliziert despite the fact that most taxpayers in Germany solely have wage revenue. Would simplifying the nation’s revenue tax system produce extra equity and effectivity?
States’ rights
- Institute on Taxation and Financial Coverage (
https://itep.org/class/weblog/ ): Tax modifications nearing the end line in lots of states embrace Kentucky being poised to enact an revenue tax minimize, the Pennsylvania governor’s name to speed up company tax cuts whereas closing company tax loopholes, the Ohio governor’s proposed new credit score for kids of working dad and mom, and Virginia Democrats countering their governor’s proposed tax cuts. - Withum (
https://www.withum.com/sources/ ): Additionally, Washington’s therapy of “surcharges” for tariffs, gas prices and bank card processing, Texas figuring out that internet hosting providers for crypto mining {hardware} are usually not taxable, and Maine shifting gross sales tax imposition on tangible private property to every periodic lease or rental fee. - Sovos (
https://sovos.com/weblog/ ): Delaware’s anticipated invitation dates for voluntary disclosure agreements.
All that matches
- Dean Dorton (
https://deandorton.com/insights/ ): Crocs Inc. faces a class-action swimsuit over claims that it misled buyers concerning the success of one in every of its manufacturers, merchandise of which had been pushed to third-party wholesalers to falsely inflate gross sales numbers. The place may forensic accountants match into this? - TaxConnex (
https://www.taxconnex.com/blog- ): How do market facilitators like Amazon match into the expansion of e-commerce and gross sales tax obligations? - Do not Mess with Taxes (
http://dontmesswithtaxes.typepad.com/ ): Of a love of music, a shark from Discovering Nemo and the stuff that readers can discover through federal tax debt auctions.
Issues of time
- Cover (
https://www.getcanopy.com/weblog ): Prime options to search for when choosing accounting-specific shopper administration software program. - Nationwide Taxpayer Advocate (
https://www.taxpayeradvocate.irs.gov/taxnews-information/blogs-nta ): What to remind them concerning the Earned Earnings Tax Credit score on the credit score’s fiftieth birthday. - The Nationwide Affiliation of Tax Professionals (
https://weblog.natptax.com/ ): This “You Make the Name” seems at Diego, an active-duty navy member stationed in Germany since final March. His partner and younger kids remained in Florida within the dwelling the couple owns collectively. That is Diego’s first deployment, and his partner is not sure what submitting standing to make use of since Diego has not lived of their dwelling for 10 months. Diego’s W-2 exhibits solely $8,000 despite the fact that he’s employed by the navy full-time and acquired different non-taxable pay. The couple’s solely different supply of revenue is from the small enterprise that Diego’s partner owns, which nets $19,000 yearly after bills. Neither Diego nor his partner attend faculty at present, however they do have eligible childcare bills for each kids. They aren’t separated and preserve their dwelling equally. Which submitting standing is most helpful?
New to us
- Massey and Firm (
https://masseyandcompanycpa.com/weblog/ ): This CPA agency, based mostly in Atlanta and Chicago, focuses on small biz, entrepreneurs and their households, and has a sturdy weblog on a wide range of subjects. Current entries cowl 179D breaks, occupational fraud and methods to discipline a federal lien. Welcome!