In the blogs: Lots to look at


The High Court considers taxes; a new perspective on cyber attacks; how to answer the phone; and other highlights from our favorite tax bloggers.

Lots to look at

  • Procedurally Taxing ( The Supreme Court has a full fall calendar of tax-case topics, including equitable tolling, calculating FBAR penalties, a private quiet title action and limitations on judicial relief regarding unstayed bankruptcy court sale orders.
  • Current Federal Tax Developments ( A look at the recently updated IRS FAQs on pandemic assistance related to purchases of a home and payment of premium mortgage insurance.
  • National Taxpayer Advocate ( Part two of a series of tips when trying to understand IRS transcripts, starting with “Cycle Dates” and “Transaction Dates.”
  • The Wandering Tax Pro ( The history of income tax in America began barely 20 years after Plymouth Rock and has enjoyed a bevy of levies, repeals and tinkerings since.
  • Summing It Up ( How to help your biz clients protect against cyber attack, including coming at the threat from the hacker’s point of view.

All’s fair

  • Tax Vox ( President Biden’s plan to raise taxes on the ultra-rich died in Congress, but the idea lives on in states. 
  • Mauled Again ( The tax troubles just keep on comin’ for one former state senator, even after more than a decade.
  • TaxProf Blog ( Given that various deductions are disallowed if they are closely tied to criminal activity, tax law treats criminals differently from non-criminals. Should it?
  • Federal Tax Crimes ( A district court has sustained the IRS’s $1.4 billion-plus jeopardy assessment in United States v. Brockman — what the agency maintains “represents the largest jeopardy assessment/levy case in the history of the United States.”
  • Institute on Taxation and Economic Policy ( If lawmakers believe it’s worthwhile to extend corporate tax breaks, then it would be entirely unreasonable for them to not conclude the same about tax provisions that help low-income children.
  • Tax Foundation ( A new Congressional Budget Office report reveals that lower- and middle-income households are disproportionately shouldering the burden of the inflation wave.

Practically speaking

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