In the Blogs: What Nobody Tells Them


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Highlights of some of our favorite tax-related blogs from the past week.

High-stakes dramas

  • BNA blogs: The Multistate Tax Commission’s attention looms on transfer pricing issues, namely with an early-October training session in Indianapolis.
  • Taxable Talk: Coming to Bury Dept.: How the rest of Caesars might well join Caesars Entertainment Operating Company in Chapter 11.
  • Due Diligence: In this week’s collection: “Drobot Cooperating, Sentencing Delayed – Healthcare Fraud Post”; “Novartis Execs Indicted for Foreign Bribes, Kickbacks”; and “A Requiem for Private Prisons and a Last Call Too.”
  • Tax Analysts: Our favorite opening of the week: “The college football season is just around the corner and we are plenty excited. But there’s another high-stakes drama that is almost as captivating to aficionados of tax policy.” A look at the U.S. Chamber of Commerce’s recent federal suit challenging the Treasury Department and the IRS over anti-inversion regs.
  • Tax Policy: Lunch Links include the U.S. Treasury’s likely pushback against European tax demands, and states’ decline of sales tax holidays and the rise of panels to recommend tax changes.

With a smile?

  • Taxing Subjects: A look at the new IRS online site for taxpayers “engaged in the sharing economy” to find “resources that will help them meet their tax obligations. See “gig economy” for travel, renting, vacation lodging, household tasks and commuting.
  • Procedurally Taxing: A look at the National Taxpayer Advocate’s recent mid-year report (to which the IRS responded. Despite the parts and details of the lengthy NTA report, “some quick things jump out.”
  • Roth Co.: So the IRS will again entertain private ruling requests on Sec. 355 “spin-off” transactions. Fitting, as Halloween is around the corner, “spin-offs are perhaps the scariest ‘tax-free’ reorganizations,” and here’s a quick example to illustrate the risks.

What nobody tells them

  • Dinesen Tax Times: What to tell them about what to think about filing and 1099s.
  • HR Block: “7 Things Nobody Tells You About Starting Your Own Business.” Go ahead, be the one who helps that client fulfill a dream – and coincidentally incur a heap more tax complications.
  • Summing It Up: More nuts and bolts of your clients possibly qualifying for an RD credit.
  • John R. Dundon II EA: The new per diem rates “for all who travel for work.”
  • Rubin on Tax: A look at the “separate property” class in regard to non-owning spouses and life’s inevitable changes.

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