Wyden on the Billy Long nomination:
“There are a lot of reasons why former Congressman Billy Long is a bizarre choice for this role. What’s most concerning is that Mr. Long left office and jumped into the scam-plagued industry involving the [ERTC].” t.co/eI7OKZjJDB
Posts by Wesley Elmore
Republicans elected Finance Committee member John Thune, R-S.D., as Senate majority leader for the next Congress, lining up an experienced taxwriter to help lead a reconciliation bill extending the 2017 tax cuts next year.
My latest: www.taxnotes.com/tax-notes-to...
IRS reminds taxpayers that 280E still applies to cannabis businesses.
A recent internal advice memorandum may show that the IRS is increasing its attention to cash transaction information reporting by state-legal marijuana businesses, according to tax professionals.
Great Read from Brian Deese and David Kamin on principles that policymakers should follow as they consider how to handle the expiration of the Trump 2017 tax cuts in 2025.
www.taxnotes.com/featured-ana...
Wow.
The Murky and Mutable Moral Status of IRS Leaks
From me this week in @TaxNotes ($)
www.taxnotes.com/tax-notes-to...
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IRS Consultant Charged with Disclosing Tax Return Information to News Organizations