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In the blogs: Getting things done

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Clock ticks on 2020 returns; remembrances; what’s ahead for marketing tech; and other highlights from our favorite tax bloggers.

Getting things done

  • Keller Advisors (https://ritakeller.com/wordpress/): Just Find the Energy Dept.: The importance of the after-season debriefing.
  • Taxing Subjects (https://www.drakesoftware.com/blog): Top-level questions before you start building (or revamping) your firm’s website.
  • National Taxpayer Advocate (https://www.taxpayeradvocate.irs.gov/taxnews-information/blogs-nta/): The May 17 deadline looms for taxpayers who haven’t filed a 2020 return to claim a refund or their Recovery Rebate Credit. The IRS estimates that almost 940,000 taxpayers have unclaimed refunds totaling more than $1 billion for that tax year.
  • TaxProf Blog (http://taxprof.typepad.com/taxprof_blog/): Property taxes, lifeblood of local governments, are among “the most powerful and stealthy engines of racism and wealth inequality our nation has ever produced.” How the Biden administration has done little to tackle this problem.
  • Avalara (https://www.avalara.com/blog/en/north-america.html): Why W-9 and 1099 services are a natural addition for CAS practices.
  • Tax Vox (https://www.taxpolicycenter.org/taxvox): Remembering Daniel Kahneman, a psychologist who upended economics (and the concept of rationality, especially in taxes and retirement saving).
  • The Rosenberg Associates (https://rosenbergassoc.com/blog/): Favorite passage of the week, commemorating the late Don Scholl: “Not a CPA, but knew our business better than most CPAs. He was one of the first consultants to understand that CPA firms should be managed like a real business instead of a group of collegial, democratically minded partners who managed by committee and were inept at getting things done.”
  • The Tax Times (https://www.thetaxtimes.com): Consistency is so important: This year again, offer-in-compromise mills make the IRS Dirty Dozen list of hot scams.

States of mind

  • Withum (https://www.withum.com/resources/): State news also includes New Mexico’s introduction this summer of new deductions, credits and incentives to income taxes and the gross receipts and compensating tax; New Jersey’s upcoming launch of a taxpayer portal that will start with the state’s indirect taxes; and Nebraska’s proposed new gross receipts tax on advertising services.
  • Marcum (https://www.marcumllp.com/insights): Florida tenants and those who hold licenses to use real property can look forward to reducing their sales tax obligations come June 1. 
  • HBK (https://hbkcpa.com/insights/): Another look at Florida’s change, including when the tax on rentals, leases or licenses to use real property generally does and doesn’t apply.
  • Taxjar (https://www.taxjar.com/resources/blog): Does Virginia charge sales tax on services?

Brewing battles

  • Armanino (https://www.armanino.com/articles/): The cookie is dying; user privacy protections are expanding; there’s a battle brewing over ad blockers — and AI is revolutionizing how work gets done. Challenges and opportunities surrounding marketing technology show no signs of easing.
  • Summing It Up (http://blog.freedmaxick.com/summing-it-up): What to remind nonprofit clients about the efficiency of cost allocation.
  • Boyum & Barenscheer (https://www.myboyum.com/blog/): What to remind business clients about managing inventory.
  • Procedurally Taxing (https://www.taxnotes.com/procedurally-taxing): Examination continues of the effects on federal tax credits and IRS use of child support order data from the Federal Case Registry in place of data on child custody.

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Accounting

Acting IRS commissioner reportedly replaced

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Gary Shapley, who was named only days ago as the acting commissioner of the Internal Revenue Service, is reportedly being replaced by Deputy Treasury Secretary Michael Faulkender amid a power struggle between Treasury Secretary Scott Bessent and Elon Musk.

The New York Times reported that Bessent was outraged that Shapley was named to head the IRS without his knowledge or approval and complained to President Trump about it. Shapley was installed as acting commissioner on Tuesday, only to be ousted on Friday. He first gained prominence as an IRS Criminal Investigation special agent and whistleblower who testified in 2023 before the House Oversight Committee that then-President Joe Biden’s son Hunter received preferential treatment during a tax-evasion investigation, and he and another special agent had been removed from the investigation after complaining to their supervisors in 2022. He was promoted last month to senior advisor to Bessent and made deputy chief of IRS Criminal Investigation. Shapley is expected to remain now as a senior official at IRS Criminal Investigation, according to the Wall Street Journal. The IRS and the Treasury Department press offices did not immediately respond to requests for comment.

Faulkender was confirmed last month as deputy secretary at the Treasury Department and formerly worked during the first Trump administration at the Treasury on the Paycheck Protection Program before leaving to teach finance at the University of Maryland.

Faulkender will be the fifth head of the IRS this year. Former IRS commissioner Danny Werfel departed in January, on Inauguration Day, after Trump announced in December he planned to name former Congressman Billy Long, R-Missouri, as the next IRS commissioner, even though Werfel’s term wasn’t scheduled to end until November 2027. The Senate has not yet scheduled a confirmation hearing for Long, amid questions from Senate Democrats about his work promoting the Employee Retention Credit and so-called “tribal tax credits.” The job of acting commissioner has since been filled by Douglas O’Donnell, who was deputy commissioner under Werfel. However, O’Donnell abruptly retired as the IRS came under pressure to lay off thousands of employees and share access to confidential taxpayer data. He was replaced by IRS chief operating officer Melanie Krause, who resigned last week after coming under similar pressure to provide taxpayer data to immigration authorities and employees of the Musk-led U.S. DOGE Service. 

Krause had planned to depart later this month under the deferred resignation program at the IRS, under which approximately 22,000 IRS employees have accepted the voluntary buyout offers. But Musk reportedly pushed to have Shapley installed on Tuesday, according to the Times, and he remained working in the commissioner’s office as recently as Friday morning. Meanwhile, plans are underway for further reductions in the IRS workforce of up to 40%, according to the Federal News Network, taking the IRS from approximately 102,000 employees at the beginning of the year to around 60,000 to 70,000 employees.

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Accounting

On the move: EY names San Antonio office MP

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Carr, Riggs & Ingram appoints CFO and chief legal officer; TSCPA hosts accounting bootcamp; and more news from across the profession.

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Accounting

Tech news: Certinia announces spring release

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Certinia announces spring release; Intuit acquires tech and experts from fintech Deserve; Paystand launches feature to navigate tariffs; and other accounting tech news and updates.

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