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The Tax Adviser

@TheTaxAdviser

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AICPA's magazine of tax planning, trends, and techniques

Durham, NC
Joined May 2009
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@TheTaxAdviser
The Tax Adviser
11 years
New law allows taxpayers to donate to Philippine disaster relief until April 14, deduct from 2013 taxes. http://t.co/FG04Ndix3n
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@TheTaxAdviser
The Tax Adviser
3 years
Tax provisions in the Build Back Better act.
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@TheTaxAdviser
The Tax Adviser
5 years
Guide to residential real estate deductions for 2018. (April TTA)
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@TheTaxAdviser
The Tax Adviser
7 years
Understanding the new Sec. 199A business income deduction. (April TTA)
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@TheTaxAdviser
The Tax Adviser
4 years
Bill to postpone estimated tax due date to be introduced in Congress.
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@TheTaxAdviser
The Tax Adviser
13 years
President has signed HR 3630, payroll tax cut extension through end of 2012. http://t.co/avmhfYYs
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@TheTaxAdviser
The Tax Adviser
6 years
Another look at C corp. vs. S corp. in light of tax reform. (Aug TTA)
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@TheTaxAdviser
The Tax Adviser
5 years
AICPA expresses strong concern over lack of filing relief in coronavirus tax notice.
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@TheTaxAdviser
The Tax Adviser
8 months
FinCEN says it will only stop enforcing BOI reporting requirements against plaintiffs who won a summary judgment that bars enforcement of the Corporate Transparency Act. The plaintiffs say it should pause BOI reporting for all businesses.
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@TheTaxAdviser
The Tax Adviser
6 years
Business meals continue to be deductible under new IRS guidance.
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@TheTaxAdviser
The Tax Adviser
5 years
Like-kind exchanges and personal property. (Oct TTA)
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@TheTaxAdviser
The Tax Adviser
4 years
PPP expense deductibility and forgiveness raises basis, other issues.
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@TheTaxAdviser
The Tax Adviser
5 years
Coronavirus paid sick leave and family leave guidance issued.
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@TheTaxAdviser
The Tax Adviser
2 years
Taxpayers can now submit information online in response to 9 IRS notices
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@TheTaxAdviser
The Tax Adviser
7 months
In a letter to the Treasury secretary and the FinCEN director, the AICPA calls for enforcement of beneficial ownership information reporting regulations to be suspended until after lawsuits are settled.>>
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@TheTaxAdviser
The Tax Adviser
6 years
Proposed bonus depreciation regs. provide answers, create new questions. (Feb TTA)
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@TheTaxAdviser
The Tax Adviser
5 years
How to take retroactive 100% bonus depreciation on QIP.
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@TheTaxAdviser
The Tax Adviser
6 years
Service businesses that qualify for the 20% QBI deduction. (Dec TTA)
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@TheTaxAdviser
The Tax Adviser
5 years
Do you remember the year Excel was launched, or when the IRS first allowed electronic signatures on e-filed tax returns? Take a look back at the past 50 years in tax and popular culture with this interactive timeline.
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@TheTaxAdviser
The Tax Adviser
6 years
Tax planning following the Tax Cuts and Jobs Act. (June TTA)
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@TheTaxAdviser
The Tax Adviser
5 years
Automatic accounting method change procedures updated.
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@TheTaxAdviser
The Tax Adviser
6 years
A look at the qualified business income deduction regs. and other Sec. 199A guidance.
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@TheTaxAdviser
The Tax Adviser
5 years
Virtual currency not FBAR reportable (at least for now).
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@TheTaxAdviser
The Tax Adviser
6 years
Reality check: Virtual currency and its tax ramifications. (July TTA)
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@TheTaxAdviser
The Tax Adviser
2 years
Real estate dealer or investor? A recent Tax Court case
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@TheTaxAdviser
The Tax Adviser
5 years
Sec. 199A and the aggregation of trades or businesses. (May TTA)
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@TheTaxAdviser
The Tax Adviser
3 years
What to do for a missed Sec. 83(b) election. (AICPA)
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@TheTaxAdviser
The Tax Adviser
4 years
Members of Congress request estimated tax deadline postponement.
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@TheTaxAdviser
The Tax Adviser
6 years
Qualified small business stock gets more attractive. (Nov TTA)
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@TheTaxAdviser
The Tax Adviser
5 years
Estate planning for the other 99%. (Aug TTA)
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@TheTaxAdviser
The Tax Adviser
1 year
States continue to move ahead with adopting and implementing new passthrough entity taxes.>>
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@TheTaxAdviser
The Tax Adviser
6 years
Reporting life settlement sales after the Tax Cuts and Jobs Act. (Tax Insider)
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@TheTaxAdviser
The Tax Adviser
4 years
FinCEN pulls announcement of extended FBAR deadline.
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@TheTaxAdviser
The Tax Adviser
2 years
IRS should increase use and availability of digital communications with taxpayers, TIGTA audit concludes
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@TheTaxAdviser
The Tax Adviser
6 years
States vary on treatment of sale of passthrough-entity interests. (Aug TTA)
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@TheTaxAdviser
The Tax Adviser
6 years
Supreme Court overturns Quillโ€™s physical presence requirement.
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@TheTaxAdviser
The Tax Adviser
2 years
Estates can now request late portability election relief for 5 years.
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@TheTaxAdviser
The Tax Adviser
6 years
Whether to choose a 529 or a Roth IRA to fund education expenses. (Dec TTA)
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@TheTaxAdviser
The Tax Adviser
11 months
The IRS has delayed the reduction of the Form 1099-K information reporting threshold to $600 a second time and plans a phase-in of the threshold, starting with a $5,000 amount for tax year 2024.
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@TheTaxAdviser
The Tax Adviser
5 years
Employer tax credits form, employee retention credit guidance posted.
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@TheTaxAdviser
The Tax Adviser
5 years
Here are tax provisions in CARES Act, currently being debated in the Senate.
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@TheTaxAdviser
The Tax Adviser
6 years
Procedure for obtaining EINs to change May 13.
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@TheTaxAdviser
The Tax Adviser
6 months
The IRS has rolled out potentially helpful digital services for tax practitioners as part of its modernization efforts.
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@TheTaxAdviser
The Tax Adviser
4 years
E-filing of Form 1040-X coming this summer.
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@TheTaxAdviser
The Tax Adviser
5 years
Phantom equity vs. profit interests: Strategic considerations. (Oct TTA)
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@TheTaxAdviser
The Tax Adviser
6 years
Claiming the QBI deduction for trusts. (Dec TTA)
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@TheTaxAdviser
The Tax Adviser
5 years
Impact of S corp. shareholder agreements in M&A transactions. (Aug TTA)
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@TheTaxAdviser
The Tax Adviser
4 years
AICPA requests tax deadline postponements until June 15.
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@TheTaxAdviser
The Tax Adviser
2 years
The IRS explained the new requirement that a car or truckโ€™s final assembly occurred in North America to qualify for the tax credit on the purchase of clean-running vehicles.
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@TheTaxAdviser
The Tax Adviser
7 years
Boston Bruins can deduct full cost of pregame meals for teamโ€™s away games, Tax Court holds.
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@TheTaxAdviser
The Tax Adviser
4 years
Tax filing season to start Feb. 12, IRS announces.
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@TheTaxAdviser
The Tax Adviser
4 years
Summary of tax rules for liquidating corporations. (Oct. TTA)
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@TheTaxAdviser
The Tax Adviser
5 years
New Sec. 163(j): Considerations for real estate and infrastructure businesses. (May TTA)
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@TheTaxAdviser
The Tax Adviser
4 years
Itโ€™s a tough year for year-end tax planning.
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@TheTaxAdviser
The Tax Adviser
6 years
2018 partnership Schedule K-1 changes. (April TTA)
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@TheTaxAdviser
The Tax Adviser
6 years
Changing from cash to accrual accounting after revoking an S election under TCJA. (Dec TTA)
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@TheTaxAdviser
The Tax Adviser
4 years
Draft instructions for partnership capital account reporting released.
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@TheTaxAdviser
The Tax Adviser
7 years
President signs tax overhaul into law.
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@TheTaxAdviser
The Tax Adviser
2 years
Tax planning and considerations: S corporation targets.
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@TheTaxAdviser
The Tax Adviser
4 years
AICPA continues to ask Congress to include PPP deductibility in upcoming legislation.
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@TheTaxAdviser
The Tax Adviser
4 years
FBAR deadline extended to Oct. 31 after confusion.
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@TheTaxAdviser
The Tax Adviser
7 years
IRS releases updated withholding calculator and 2018 Form W-4.
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@TheTaxAdviser
The Tax Adviser
4 years
The rules on interest for loans between related parties. (Tax Insider)
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@TheTaxAdviser
The Tax Adviser
5 years
The impact of tax reform on DNI, and a reason to revisit trust accounting income. (May TTA)
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@TheTaxAdviser
The Tax Adviser
1 year
The Social Security Administration (SSA) will increase the maximum amount of wages subject to Social Security tax in 2024 to $168,600. The SSA also announced a cost-of-living adjustment (COLA) of 3.2% for Social Security benefits in 2024.
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@TheTaxAdviser
The Tax Adviser
6 years
Top tweets of 2018, No. 1: Understanding the new Sec. 199A business income deduction. (April)
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@TheTaxAdviser
The Tax Adviser
4 years
Expenses used for PPP loan forgiveness: Deductible or not?
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@TheTaxAdviser
The Tax Adviser
8 years
Pesky IRS Penalties: How to Get Them Abated for Clients. (Jan TTA)
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@TheTaxAdviser
The Tax Adviser
4 years
Legal entity rationalization and simplification. (Oct TTA)
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@TheTaxAdviser
The Tax Adviser
5 years
New limitation on excess business losses. (May TTA)
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@TheTaxAdviser
The Tax Adviser
1 year
After spending the pandemic years with a backlog of mail, the IRS says it has processed all paper and electronic individual returns received before January 2023.
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@TheTaxAdviser
The Tax Adviser
12 years
An in-depth look at next year's 3.8% Medicare surtax. http://t.co/gblvEUQd (Aug TTA)
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@TheTaxAdviser
The Tax Adviser
2 years
Key tax and retirement provisions in the Secure 2.0 Act
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@TheTaxAdviser
The Tax Adviser
5 years
IRS provides guidance for April 15 filing delay.
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@TheTaxAdviser
The Tax Adviser
7 years
New tax withholding tables are issued.
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@TheTaxAdviser
The Tax Adviser
5 years
SBA issues details for Paycheck Protection Program loans. (JofA)
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@TheTaxAdviser
The Tax Adviser
7 years
Top tweets of 2017, No. 1: What the tax reform bill means for individuals.
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@TheTaxAdviser
The Tax Adviser
6 years
Exploring the undefined: Trade or business. (April TTA)
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@TheTaxAdviser
The Tax Adviser
2 years
PFP: Planning for the Medicare Part B premium
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@TheTaxAdviser
The Tax Adviser
11 months
The IRS continues to crack down on abuse in employee retention credit claims, sending disallowance claims to over 20,000 taxpayers.
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@TheTaxAdviser
The Tax Adviser
7 years
IRS asking for taxpayer representativesโ€™ personal information.
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@TheTaxAdviser
The Tax Adviser
4 years
The maze of real estate rentals. (Oct TTA)
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@TheTaxAdviser
The Tax Adviser
5 years
Stock option planning: Generating value. (Dec TTA)
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@TheTaxAdviser
The Tax Adviser
3 months
Treasury sticks with filing requirements for beneficial ownership information reports despite concerns about too little outreach.>>
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@TheTaxAdviser
The Tax Adviser
4 years
Partnership interests, Sec. 465 at-risk limit, and Form 6198. (Apr TTA)
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@TheTaxAdviser
The Tax Adviser
2 years
Depreciation recapture in the partnership context
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@TheTaxAdviser
The Tax Adviser
6 months
This article provides an overview of the federal tax reporting requirements by U.S. persons for foreign assets and gifts, including addressing prior noncompliance.
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@TheTaxAdviser
The Tax Adviser
6 years
Top tweets of 2018, No. 2: Service businesses that qualify for the 20% QBI deduction. (Dec.)
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@TheTaxAdviser
The Tax Adviser
7 years
Converting from S corp. to C corp.: Select issues for consideration. (April TTA)
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@TheTaxAdviser
The Tax Adviser
4 years
Lenders will not file Form 1099-C for forgiven PPP loans.
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@TheTaxAdviser
The Tax Adviser
4 months
The Supreme Court is set to decide by Friday on the fate of the Chevron doctrine, under which courts are required to give deference to a reasonable interpretation of an ambiguous statute by a government agency, including the IRS.
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@TheTaxAdviser
The Tax Adviser
2 years
National Taxpayer Advocate Erin Collins sees IRS backlog as a 'Groundhog Day'-style replay.
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@TheTaxAdviser
The Tax Adviser
5 years
Qualified opportunity zone regs. finalized.
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@TheTaxAdviser
The Tax Adviser
6 years
Current developments in S corporations. (March TTA)
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@TheTaxAdviser
The Tax Adviser
2 years
Two former IRS commissioners addressed the Service's issues during the AICPA National Tax Conference.
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@TheTaxAdviser
The Tax Adviser
5 years
Passthrough entity taxes: The next workaround trend? (June TTA)
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@TheTaxAdviser
The Tax Adviser
2 years
Taxpayer marital status and the QBI deduction
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@TheTaxAdviser
The Tax Adviser
5 years
IRS grants broad coronavirus-related tax relief.
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@TheTaxAdviser
The Tax Adviser
2 years
Employee retention credit claims raise questions for tax professionals. The Office of Professional Responsibility reviews the applicable sections of Circular 230 to provide clarity.>>
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