Wir laden herzlich ein zum nächsten #Vortrag des
Steuerforum Trier e.V. an der Uni Trier. Am Mittwoch, den 19.7.2023 (18 Uhr c.t.) begrüßen wir Dr. Patrik Deutsch, KMLZ Düsseldorf, zum Thema "#Rechnung und #Vorsteuerabzug - (k)ein untrennbares Paar". #taxlaw #steuerrecht #vat #USt

Tech start-ups are facing a crisis as a new tax law fails them, leading to their brink of collapse. Read our latest blog post on how US Senate dysfunction is to blame.
https://www.eliza-ng.me/post/taxableincomesm/
#techstartup #taxlaw #ussenate #blogpost

#UBI is what you get when a #cooperative and #TaxLaw have a baby.

Any #tax #TaxLaw #IRS experts, attorneys, #CPAs here who can answer a question *definitively*, i.e. by citing the IRS' rules about when a #W9 form is needed?

My day job is running a licensed cannabis nursery in NorCal (Plant Humboldt). We sell starter plants to farms and personal use growers. We mostly grow from seed, but sometimes buy rooted cuttings to grow out from other licensed nurseries. We keep getting requests from them for W9s, which IRS says we don't need (best as I can tell and according to the IRS person on the phone). We are not dealing in cash and there are no 8300 forms involved. It's all checks, credit card payments or direct bank to bank wire transfers. There is no logical reason why a W9 is necessary.

On an FB legal weed business forum, everyone insists that getting a #W9form is "normal*, but no one can say where it says required. The ones who say it's required also can't show me where it says that.

Uh oh. #iras #TaxLaw

https://www.singaporelawwatch.sg/Headlines/Iras-probes-home-buyers-who-used-99-to-1-loophole-to-avoid-paying-ABSD

IRS to release report on free online tax-filing system in May

#Law #LawFedi #TaxLaw #IRS #LoyolaLawSchool

https://thehill.com/policy/finance/3849684-irs-to-release-report-on-free-online-tax-filing-system-in-may/

Properly taxing #carbon #emissions means properly taxing #taxing #companies that provide fuel for carbon emissions. Means taxing the billions and billions of profits made by those companies. #Shell #Exxon #BP et al. #taxlaw #changenow

Save the Date: Am 1. Februar 2023 um 18 Uhr berichten Jens Binding und Dr. Lars H. Haverkamp, LL.M. (Eversheds Sutherland Germany) beim Steuerforum Trier e.V. über "#Gesellschafterfremdfinanzierung nach der neueren BFH Rechtsprechung und aktuellen EU Vorhaben: Fremd- oder doch schon Eigenkapital?“ Die Veranstaltung ist kostenlos und findet über Zoom statt. Anmeldung: info@steuerforum-trier.de #taxlaw #Steuerrecht

To my Portuguese community, PT adopted the German model, Europeans growing together in cryptotaxlaw, prepare accordingly 💪🏻

#Portugal #Lisbon #Taxlaw #Crypto

Am Mittwoch schon was vor? Wir starten doppelt digital in das neue Jahr mit einem spannenden Vortrag an der Universität Trier. Am 11.1.2023 (18 Uhr c.t.) behandelt Dr. Hendrik Arendt (CMS Hasche Sigle) für uns die "#Kryptowerte im #Steuerrecht". Die kostenfreie Veranstaltung des #Steuerforum Trier e.V. in Kooperation mit dem Institut für Recht und Digitalisierung Trier findet #digital per Zoom statt. Anmeldung und Zugangsdaten unter info@steuerforum-trier.de #Steuerrecht #taxlaw #blockchain

The US Supreme Court will hear an attorney-client privilege case on Monday. This case is related to the “advice” by a “law firm” specializing in international tax law involving the cryptocurrency assets of a “company.” Many documents are under seal. The briefs do not disclose the company’s or the law firm’s names but reveal that “the owner of ‘company’ is an ‘early promoter of bitcoin’ who ‘expatriated from the United States in 2014.’”

#lawfirm #taxlaw #attorneyclientprivilege #cryptocurrencies #bitcoin

https://www.abajournal.com/web/article/supreme-court-to-consider-huge-attorney-client-privilege-case?utm_medium=email&utm_source=salesforce_614917&sc_sid=01256440&utm_campaign=weekly_email&promo=&utm_content=&additional4=&additional5=&sfmc_j=614917&sfmc_s=45017569&sfmc_l=1527&sfmc_jb=7001&sfmc_mid=100027443&sfmc_u=18200185

Shout-out to whoever in IRS Passsthroughs and Special Industries write General Legal Advice Memorandum 2018-002 got this in there:

"Thus, the investor's economic return - that is, independent of Tex considerations - generally will increase or decrease depending on how the wind blows."

Might not sound like much but getting anything that even seems like it *could be* worldplay into IRS Chief Counsel legal writing is a feat.

@law #tax #TaxLaw #LawFedi #Law

I'm surprised I haven't thought of this yet but a 100% no joke good use of ChatGPT is writing IRS letters.

"Letters from the IRS!" say the blissfully ignorant. "Surely that's not something we want to trust to a computer that frequently gets key details wrong."

But sadly IRS letters *are* written by a computer that frequently gets key details wrong.

Except the computer was built in the 1960s and--I swear this is not a joke--stores data on magnetic tape.

#Tax #TaxLaw #IRS #AI

Welcome to #2023, here are the #EVs that qualify for the new #tax credit regime (post-Inflation Reduction Act).

https://www.irs.gov/credits-deductions/manufacturers-and-models-for-new-qualified-clean-vehicles-purchased-in-2023-or-after

Looks like the Kia EV6, which tops many top-EV lists, isn't eligible yet (Kia has entered in to a written agreement but hasn't provided model information yet).

@law @tax #taxlaw #taxfedi #lawfedi @evs

@law #lawfedi #taxlaw #taxfedi

I'm generally opposed to windfall taxes on fossil fuels on principle -- a windfall tax is a one-time tax on profits thought to be, for extraneous reasons, unrelated to actual market performance. Stuff like, say, the Russian invasion of Ukraine causing energy prices to skyrocket.

But with fossil fuels, the long term effects are much more widely felt, and taxes should be keyed to those costs.

I've said as much before: https://news.bloombergtax.com/tax-insights-and-commentary/climate-change-requires-lasting-tax-policy-shift-not-cash-grabs

"I’m struggling to find a justification for the public release of his tax returns with the information currently available. If there’s evidence of a crime, he should be prosecuted to the fullest extent of the law; otherwise, releasing them only results in political embarrassment. If that had any effect, he’d have dissolved into a cloud of dust years ago."

Don’t Embarrass Trump Over Tax Records Release—Charge Him Instead | https://news.bloomberglaw.com/us-law-week/dont-embarrass-trump-over-tax-records-release-charge-him-instead

#lawfedi #tax @law #taxlaw #trump

Pushing this one more time. The state of tax preparation software is abysmal. Privacy conditions will continue to deteriorate until the entire model is rethought.

Facebook Leak Just One Reason Taxpayer Data Sharing Must Stop
| https://news.bloombergtax.com/tax-insights-and-commentary/facebook-leak-just-one-reason-taxpayer-data-sharing-must-stop

#law #taxlaw #lawfedi

Save the Date: Am 11.1.2023 (18 Uhr c.t.) findet die nächste #Vortragsveranstaltung des #Steuerforum Trier e.V. in Kooperation mit dem Institut für Recht und Digitalisierung Trier an der Universität Trier statt. Dr. Hendrik Arendt (CMS Hasche Sigle) behandelt für uns die "#Kryptowerte im Steuerrecht". Die kostenfreie Veranstaltung findet - dem Thema angemesen - #digital per Zoom statt. Anmeldung und Zugangsdaten unter info@steuerforum-trier.de #Steuerrecht #taxlaw #blockchain

Hi! Are you an attorney? Cool! Me too! Stop bragging.

If you're an attorney or you work in a field adjacent to law, we'd love to have you mosey on over to the esq.social instance.

You can sign up right here: https://esq.social/auth/sign_up

And then you can go in to the settings of your old instance account and the settings of your esq.social account and make the transition. You won't lose your followers or folks you're following.

We'd love to have you!

#law #lawfedi #attorney #tax #taxlaw @law

"If the government is going to force taxpayers to engage with private entities for #tax preparation ... it should at least ensure it’s also not forcing said taxpayers to engage in the #data economy. If advertising and data harvesting models are permitted in the tax preparation space, they will compete with and best options that derive revenue purely from use of the service."

Facebook Leak Just One Reason Taxpayer Data Sharing Must Stop - https://news.bloombergtax.com/tax-insights-and-commentary/facebook-leak-just-one-reason-taxpayer-data-sharing-must-stop

#law #lawfedi #taxlaw @law