The deduction for miscellaneous expenses—including unreimbursed employee business expenses and production-of-income expenses—was not revived. #taxtwitter- https://www.cpapracticeadvisor.com/2025/11/11/five-key-extensions-in-the-new-tax-law-obbba-tax-law-changes/172781/
Five Key Extensions in the New Tax Law - OBBBA Tax Law Changes
The deduction for miscellaneous expenses—including unreimbursed employee business expenses and production-of-income expenses—was not revived.
www.cpapracticeadvisor.com
November 14, 2025 at 10:15 PM
The deduction for miscellaneous expenses—including unreimbursed employee business expenses and production-of-income expenses—was not revived. #taxtwitter- https://www.cpapracticeadvisor.com/2025/11/11/five-key-extensions-in-the-new-tax-law-obbba-tax-law-changes/172781/
Come join us with a glass of water, mug of tea or coffee, or a libation - whatever makes you happy for Happy Hour. If you haven't been to a retreat, come meet us next week. When you come to Retreat next year, you'll have some familiar faces to go with the names.
#TaxSky #TaxRetreat #TaxTwitter
#TaxSky #TaxRetreat #TaxTwitter
It’s so good to get together, grab a drink, and talk with your people. 🤗
We’re counting down the days until we can do it IRL again… but until then, we’ve got the next best thing.
One Big Beautiful Happy Hour — next week, Nov 20th.
Come hang out, catch up, unwind a little. 🥂
We’re counting down the days until we can do it IRL again… but until then, we’ve got the next best thing.
One Big Beautiful Happy Hour — next week, Nov 20th.
Come hang out, catch up, unwind a little. 🥂
November 14, 2025 at 6:00 PM
Come join us with a glass of water, mug of tea or coffee, or a libation - whatever makes you happy for Happy Hour. If you haven't been to a retreat, come meet us next week. When you come to Retreat next year, you'll have some familiar faces to go with the names.
#TaxSky #TaxRetreat #TaxTwitter
#TaxSky #TaxRetreat #TaxTwitter
It must seem like the annual threshold of $600 has been in place forever to long-time payroll managers and CPAs. In fact, it hasn’t budged an inch since 1954!. #taxtwitter- https://www.cpapracticeadvisor.com/2025/11/10/new-tax-law-gives-employers-more-leeway-on-1099s-obbba-tax-law-changes/172763/
New Tax Law Gives Employers More Leeway on 1099s - OBBBA Tax Law Changes
It must seem like the annual threshold of $600 has been in place forever to long-time payroll managers and CPAs. In fact, it hasn’t budged an inch since 1954!
www.cpapracticeadvisor.com
November 14, 2025 at 4:45 PM
It must seem like the annual threshold of $600 has been in place forever to long-time payroll managers and CPAs. In fact, it hasn’t budged an inch since 1954!. #taxtwitter- https://www.cpapracticeadvisor.com/2025/11/10/new-tax-law-gives-employers-more-leeway-on-1099s-obbba-tax-law-changes/172763/
It must seem like the annual threshold of $600 has been in place forever to long-time payroll managers and CPAs. In fact, it hasn’t budged an inch since 1954!. #taxtwitter- https://www.cpapracticeadvisor.com/2025/11/10/new-tax-law-gives-employers-more-leeway-on-1099s-obbba-tax-law-changes/172763/
New Tax Law Gives Employers More Leeway on 1099s - OBBBA Tax Law Changes
It must seem like the annual threshold of $600 has been in place forever to long-time payroll managers and CPAs. In fact, it hasn’t budged an inch since 1954!
www.cpapracticeadvisor.com
November 13, 2025 at 10:45 PM
It must seem like the annual threshold of $600 has been in place forever to long-time payroll managers and CPAs. In fact, it hasn’t budged an inch since 1954!. #taxtwitter- https://www.cpapracticeadvisor.com/2025/11/10/new-tax-law-gives-employers-more-leeway-on-1099s-obbba-tax-law-changes/172763/
TY @taxgirl.bsky.social for fulfilling a #taxtwitter request to write a story about Shyster's Dogs, a D.C.-based hot dog cart operated by IRS #tax attorney Isaac Stein. I enjoyed the novelty of registering the motor-less hotdog cart at the DMV before the health inspection. Push Push Push.
Tax attorney Isaac Stein is furloughed from the IRS Chief Counsel’s office, but he’s still working, spending his days manning Shyster’s Dogs, a D.C.-based hot dog cart.
www.forbes.com/sites/kellyp...
www.forbes.com/sites/kellyp...
Hot Dog! Tax Attorney Serves Up Lunch During The Government Shutdown
Tax attorney Isaac Stein is furloughed from IRS Chief Counsel’s office, but he’s still working, spending his days manning Shyster’s Dogs, a D.C.-based hot dog cart.
www.forbes.com
November 13, 2025 at 12:00 AM
TY @taxgirl.bsky.social for fulfilling a #taxtwitter request to write a story about Shyster's Dogs, a D.C.-based hot dog cart operated by IRS #tax attorney Isaac Stein. I enjoyed the novelty of registering the motor-less hotdog cart at the DMV before the health inspection. Push Push Push.
Other states rely heavily on sales taxes, but a key lawmaker, Georgia state Sen. Blake Tillery (R-Vidalia), wants to target "corporate welfare" instead. #taxtwitter- https://www.cpapracticeadvisor.com/2025/11/10/if-georgia-drops-income-tax-will-sales-taxes-rise/172704/
If Georgia Drops Income Tax, Will Sales Taxes Rise?
Other states rely heavily on sales taxes, but a key lawmaker, Georgia state Sen. Blake Tillery (R-Vidalia), wants to target "corporate welfare" instead.
www.cpapracticeadvisor.com
November 12, 2025 at 4:15 PM
Other states rely heavily on sales taxes, but a key lawmaker, Georgia state Sen. Blake Tillery (R-Vidalia), wants to target "corporate welfare" instead. #taxtwitter- https://www.cpapracticeadvisor.com/2025/11/10/if-georgia-drops-income-tax-will-sales-taxes-rise/172704/
What is the “Colorado Paradox”? Colorado has one of the highest levels of educational attainment, but one of the lowest rates of recent high school graduates enrolling in college. I’ve seen how this phenomenon affects both CU Boulder and BVSD.
#tax #taxlaw #taxpolicy #taxtwitter
#tax #taxlaw #taxpolicy #taxtwitter
November 10, 2025 at 2:06 PM
What is the “Colorado Paradox”? Colorado has one of the highest levels of educational attainment, but one of the lowest rates of recent high school graduates enrolling in college. I’ve seen how this phenomenon affects both CU Boulder and BVSD.
#tax #taxlaw #taxpolicy #taxtwitter
#tax #taxlaw #taxpolicy #taxtwitter
What’s hot in tax law and policy? State-level efforts to tax concentrated wealth after Moore v. United States (2024) showed skepticism towards federal wealth taxes. A few updates on these efforts:
TaxProf Blog: bit.ly/47z4wic
#tax #taxlaw #taxpolicy #taxtwitter #SALT
TaxProf Blog: bit.ly/47z4wic
#tax #taxlaw #taxpolicy #taxtwitter #SALT
Updates: State-Level Efforts to Tax the Wealthy • TaxProf Blog
States’ efforts to tax wealthy residents have accelerated since 2020—as has thought leadership about the structure and effects of these taxes. Items follow on (1) piggyback taxes on § 1411’s net inves...
bit.ly
November 10, 2025 at 2:01 PM
What’s hot in tax law and policy? State-level efforts to tax concentrated wealth after Moore v. United States (2024) showed skepticism towards federal wealth taxes. A few updates on these efforts:
TaxProf Blog: bit.ly/47z4wic
#tax #taxlaw #taxpolicy #taxtwitter #SALT
TaxProf Blog: bit.ly/47z4wic
#tax #taxlaw #taxpolicy #taxtwitter #SALT
This event will be Dec. 10-11, 2025, with 7 sessions each day. The event is free for professionals- all sessions qualify for one hour of #CPE in various fields of study, while five sessions also offer an hour each of #IRSCE credit. #taxtwitter- https://ow.ly/6N0N50XoWlq
November 9, 2025 at 12:20 AM
This event will be Dec. 10-11, 2025, with 7 sessions each day. The event is free for professionals- all sessions qualify for one hour of #CPE in various fields of study, while five sessions also offer an hour each of #IRSCE credit. #taxtwitter- https://ow.ly/6N0N50XoWlq
This week was the 118th National Tax Association Annual Meeting in Boston. I gave a paper on substantive due process after Moore v. United States (2024). What does Moore’s attribution doctrine mean for partnership tax?
#tax #taxlaw #taxpolicy #taxtwitter
#tax #taxlaw #taxpolicy #taxtwitter
November 8, 2025 at 5:38 PM
This week was the 118th National Tax Association Annual Meeting in Boston. I gave a paper on substantive due process after Moore v. United States (2024). What does Moore’s attribution doctrine mean for partnership tax?
#tax #taxlaw #taxpolicy #taxtwitter
#tax #taxlaw #taxpolicy #taxtwitter
Do different tax laws become obsolete faster, depending on their function? Saito reviews Walker’s The Durability of Tax Laws and Their Objectives. A great contribution on temporality and tax legislation!
#tax #taxlaw #taxpolicy #taxtwitter
TaxProf Blog: bit.ly/497FhEP
#tax #taxlaw #taxpolicy #taxtwitter
TaxProf Blog: bit.ly/497FhEP
SSRN Review & Roundup: Saito Reviews Walker’s The Durability of Tax Laws and Their Objectives • TaxProf Blog
This week, Blaine Saito (Ohio State, Google Scholar) reviews a new work by Alexandra Ferrara Walker (NYU), The Durability of Tax Laws and Their Objectives, 80 Tax L. Rev. ___ (forthcoming 2026). What ...
bit.ly
November 8, 2025 at 5:28 PM
Do different tax laws become obsolete faster, depending on their function? Saito reviews Walker’s The Durability of Tax Laws and Their Objectives. A great contribution on temporality and tax legislation!
#tax #taxlaw #taxpolicy #taxtwitter
TaxProf Blog: bit.ly/497FhEP
#tax #taxlaw #taxpolicy #taxtwitter
TaxProf Blog: bit.ly/497FhEP
The Treasury Department and IRS announced penalty relief from the OBBBA's reporting requirements for deductions on tips and overtime for the 2025 tax year, giving employers and payors more time to adjust to reporting requirements. #TaxSky #TaxTwitter
www.westerncpe.com/blog-post/ir...
www.westerncpe.com/blog-post/ir...
IRS Grants Penalty Relief for 2025 Tax Year Reporting on Tips and Overtime - Western CPE
On November 5, 2025, the Treasury Department and IRS announced penalty relief from One, Big, Beautiful Bill Act’s (OBBBA) reporting requirements for deductions on tips and overtime.
www.westerncpe.com
November 7, 2025 at 10:35 PM
The Treasury Department and IRS announced penalty relief from the OBBBA's reporting requirements for deductions on tips and overtime for the 2025 tax year, giving employers and payors more time to adjust to reporting requirements. #TaxSky #TaxTwitter
www.westerncpe.com/blog-post/ir...
www.westerncpe.com/blog-post/ir...
#TaxTwitter meet up at HTI 2025
@andreacpa0.bsky.social
@wealthandlaw.bsky.social
@hoofin.bsky.social
@andreacpa0.bsky.social
@wealthandlaw.bsky.social
@hoofin.bsky.social
November 6, 2025 at 6:23 AM
#TaxTwitter meet up at HTI 2025
@andreacpa0.bsky.social
@wealthandlaw.bsky.social
@hoofin.bsky.social
@andreacpa0.bsky.social
@wealthandlaw.bsky.social
@hoofin.bsky.social
Remember when Ron Baker went on the Accounting High podcast & they praised Chappelle for finally taking shots at trans people? Congrats, guys! Punch down on trans people all day now!
#taxtwitter could kneecap this fascist admin right now just by downing tools. Think about why they're silent.
#taxtwitter could kneecap this fascist admin right now just by downing tools. Think about why they're silent.
November 5, 2025 at 2:36 PM
Remember when Ron Baker went on the Accounting High podcast & they praised Chappelle for finally taking shots at trans people? Congrats, guys! Punch down on trans people all day now!
#taxtwitter could kneecap this fascist admin right now just by downing tools. Think about why they're silent.
#taxtwitter could kneecap this fascist admin right now just by downing tools. Think about why they're silent.
The boys club on the nazi #Taxtwitter should be ecstatic, they got everything they wanted. Trans people are terrified, poor people are going hungry, no one can afford insurance, Palestine is rubble, DEI is gone. They did it! And y'all called me names & told me to be nicer when I warned you 😄
November 5, 2025 at 1:06 PM
The boys club on the nazi #Taxtwitter should be ecstatic, they got everything they wanted. Trans people are terrified, poor people are going hungry, no one can afford insurance, Palestine is rubble, DEI is gone. They did it! And y'all called me names & told me to be nicer when I warned you 😄
##taxtwitter can reflect on how their internet community dogpiled on a black woman a few years ago, or how Josh told me students protesting for Palestine deserved to be brutalized, before patting themselves on the back as being some of the "good" liberals.
November 5, 2025 at 12:56 PM
##taxtwitter can reflect on how their internet community dogpiled on a black woman a few years ago, or how Josh told me students protesting for Palestine deserved to be brutalized, before patting themselves on the back as being some of the "good" liberals.
people attending Hawaii Tax Institute. any interest in a TaxTwitter dinner meet up tomorrow, Wed November 5?
November 5, 2025 at 3:47 AM
people attending Hawaii Tax Institute. any interest in a TaxTwitter dinner meet up tomorrow, Wed November 5?
MarketWatch predicts a frothy season for tax-loss harvesting. Tax-conscious mutual funds faced an October 31 FY deadline, and individual investors will seek losses to offset 2025 gains by December 31.
#tax #taxpolicy #taxlaw #taxtwitter
TaxProf Blog: bit.ly/47sIFHV
#tax #taxpolicy #taxlaw #taxtwitter
TaxProf Blog: bit.ly/47sIFHV
MarketWatch: A Frothy Season for Tax-Loss Harvesting • TaxProf Blog
Although market indicies currently are near record highs, MarketWatch notes that “about half of the [Russell 3000]’s constituents are still down year to date.” Coupled with significant market volatili...
bit.ly
November 3, 2025 at 1:37 PM
MarketWatch predicts a frothy season for tax-loss harvesting. Tax-conscious mutual funds faced an October 31 FY deadline, and individual investors will seek losses to offset 2025 gains by December 31.
#tax #taxpolicy #taxlaw #taxtwitter
TaxProf Blog: bit.ly/47sIFHV
#tax #taxpolicy #taxlaw #taxtwitter
TaxProf Blog: bit.ly/47sIFHV
Game 7 was thrilling! Was the behind-the-scenes MVP Shohei Ohtani's contract? Turbocharged deferrals reduced luxury tax AAV while yielding an interest-like state tax benefit.
#tax #taxpolicy #taxlaw #taxtwitter #baseball #ShoheiOhatni
TaxProf Blog: bit.ly/48ZpDv1
#tax #taxpolicy #taxlaw #taxtwitter #baseball #ShoheiOhatni
TaxProf Blog: bit.ly/48ZpDv1
Forbes: Shohei Ohtani’s $700M Tax-Advantaged Contract • TaxProf Blog
In advance of tonight’s highly anticipated game seven between Major League Baseball’s Los Angeles Dodgers and the Toronto Blue Jays, it’s worth revisiting the economic and tax implications of baseball...
bit.ly
November 2, 2025 at 1:41 PM
Game 7 was thrilling! Was the behind-the-scenes MVP Shohei Ohtani's contract? Turbocharged deferrals reduced luxury tax AAV while yielding an interest-like state tax benefit.
#tax #taxpolicy #taxlaw #taxtwitter #baseball #ShoheiOhatni
TaxProf Blog: bit.ly/48ZpDv1
#tax #taxpolicy #taxlaw #taxtwitter #baseball #ShoheiOhatni
TaxProf Blog: bit.ly/48ZpDv1
Shutdown Day 32: IRS lawyer Isaac Stein's Washington, D.C., hot dog stand went from a from weekend pursuit to a full-time gig. But what does Stein's stand say about tax policy and practice?
#tax #taxlaw #taxpolicy #taxtwitter #hotdogs
TaxProf Blog: bit.ly/4oEozBo
#tax #taxlaw #taxpolicy #taxtwitter #hotdogs
TaxProf Blog: bit.ly/4oEozBo
Shutdown Day 32: Side Hustles for IRS Lawyers • TaxProf Blog
During the ongoing government shutdown, IRS lawyer Isaac Stein’s Washington, D.C., hot dog stand went from a from weekend pursuit to a full-time gig—and has been featured prominently in media reports ...
bit.ly
November 1, 2025 at 3:08 PM
Shutdown Day 32: IRS lawyer Isaac Stein's Washington, D.C., hot dog stand went from a from weekend pursuit to a full-time gig. But what does Stein's stand say about tax policy and practice?
#tax #taxlaw #taxpolicy #taxtwitter #hotdogs
TaxProf Blog: bit.ly/4oEozBo
#tax #taxlaw #taxpolicy #taxtwitter #hotdogs
TaxProf Blog: bit.ly/4oEozBo
The controversial "major questions" doctrine could play a major role in upcoming Supreme Court oral arguments on the tariff cases. Which Justices might be receptive to arguments on this issue?
#tax #taxpolicy #taxlaw #taxtwitter #Tariffs
TaxProf Blog: bit.ly/47zftyV
#tax #taxpolicy #taxlaw #taxtwitter #Tariffs
TaxProf Blog: bit.ly/47zftyV
NY Times: Will Trump’s Tariffs Survive Supreme Court’s ‘Major Questions’ Test? • TaxProf Blog
Adam Liptak, Will Trump’s Tariffs Survive Supreme Court’s ‘Major Questions’ Test?, N.Y. Times (Oct. 27, 2025): The Supreme Court used the “major questions doctrine” to reject much of the Biden adminis...
bit.ly
November 1, 2025 at 3:07 PM
The controversial "major questions" doctrine could play a major role in upcoming Supreme Court oral arguments on the tariff cases. Which Justices might be receptive to arguments on this issue?
#tax #taxpolicy #taxlaw #taxtwitter #Tariffs
TaxProf Blog: bit.ly/47zftyV
#tax #taxpolicy #taxlaw #taxtwitter #Tariffs
TaxProf Blog: bit.ly/47zftyV
How should companies that use AI be taxed? This week,
Assaf Harpaz reviews a proposal by Jeremy Bearer-Friend and Sara Polcz to impose a one-time levy, payable in firm equity, on AI companies.
#tax #taxpolicy #taxlaw #taxtwitter #ai #aitax
TaxProf Blog: bit.ly/3LeDbZQ
Assaf Harpaz reviews a proposal by Jeremy Bearer-Friend and Sara Polcz to impose a one-time levy, payable in firm equity, on AI companies.
#tax #taxpolicy #taxlaw #taxtwitter #ai #aitax
TaxProf Blog: bit.ly/3LeDbZQ
SSRN Review & Roundup: Harpaz Reviews Bearer-Friend & Polcz, Sharing the Algorithm • TaxProf Blog
This week, Assaf Harpaz (Georgia, Google Scholar) reviews a new work by Jeremy Bearer-Friend and Sarah Polcz, Sharing the Algorithm: The Tax Solution to Generative AI, 17 Colum. J. Tax L. __ (forthcom...
bit.ly
October 31, 2025 at 7:24 PM
How should companies that use AI be taxed? This week,
Assaf Harpaz reviews a proposal by Jeremy Bearer-Friend and Sara Polcz to impose a one-time levy, payable in firm equity, on AI companies.
#tax #taxpolicy #taxlaw #taxtwitter #ai #aitax
TaxProf Blog: bit.ly/3LeDbZQ
Assaf Harpaz reviews a proposal by Jeremy Bearer-Friend and Sara Polcz to impose a one-time levy, payable in firm equity, on AI companies.
#tax #taxpolicy #taxlaw #taxtwitter #ai #aitax
TaxProf Blog: bit.ly/3LeDbZQ
October 28, 2025 at 9:57 PM
Just in time for Halloween, the DBCFT has returned from the grave. I've posed about the Paul Ryan and @kylepomerleau.bsky.social proposal in WSJ last week, as well as letters written in response.
#tax #taxlaw #taxpolicy #taxtwitter #DBCFT
TaxProf Blog: bit.ly/47NQS9R
#tax #taxlaw #taxpolicy #taxtwitter #DBCFT
TaxProf Blog: bit.ly/47NQS9R
WSJ Op-Ed and Letters: Business Tax Reform and Tariffs • TaxProf Blog
In a Wall Street Journal op-ed, AEI fellows Paul Ryan and Kyle Pomerleau revive House Republicans’ 2016 proposal for a destination-based cash flow tax (DBCFT) as an alternative to tariffs and a way to...
bit.ly
October 26, 2025 at 5:45 PM
Just in time for Halloween, the DBCFT has returned from the grave. I've posed about the Paul Ryan and @kylepomerleau.bsky.social proposal in WSJ last week, as well as letters written in response.
#tax #taxlaw #taxpolicy #taxtwitter #DBCFT
TaxProf Blog: bit.ly/47NQS9R
#tax #taxlaw #taxpolicy #taxtwitter #DBCFT
TaxProf Blog: bit.ly/47NQS9R
What do law faculty think about the Trump tariff cases? In the Learning Resources case, amicus briefs from these academics overwhelmingly favored the taxpayers. Oral arguments are November 5.
#tax #taxlaw #taxpolicy #taxtwitter #tariffs
TaxProf Blog: bit.ly/4hLVRMR
#tax #taxlaw #taxpolicy #taxtwitter #tariffs
TaxProf Blog: bit.ly/4hLVRMR
Law Prof Amicus Briefs in the Tariff Cases • TaxProf Blog
In Learning Resources, Inc. v. Trump, No. 24-1287 (Sup. Ct.) and Trump v. V.O.S. Selections, Inc., No. 25-250 (Sup. Ct.), the Supreme Court is considering the Trump Administration’s authority to impos...
bit.ly
October 25, 2025 at 3:14 PM
What do law faculty think about the Trump tariff cases? In the Learning Resources case, amicus briefs from these academics overwhelmingly favored the taxpayers. Oral arguments are November 5.
#tax #taxlaw #taxpolicy #taxtwitter #tariffs
TaxProf Blog: bit.ly/4hLVRMR
#tax #taxlaw #taxpolicy #taxtwitter #tariffs
TaxProf Blog: bit.ly/4hLVRMR