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Posts by Wesley Elmore

https://www.finance.senate.gov/chairmans-news/wyden-statement-on-trump-nominating-billy-long-for-irs-commissioner

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

1 year ago 9 6 1 2
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Trump Taps Former Congressman to Serve as IRS Commissioner | Tax Notes Tax Notes is the first source of essential daily news, analysis, and commentary for tax professionals whose success depends on being trusted for their expertise.

Read @taxnotes.bsky.social on Trump's pick to serve as IRS commissioner.

1 year ago 0 2 0 1
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Senate GOP Selects Taxwriter John Thune as Majority Leader | Tax Notes Tax Notes is the first source of essential daily news, analysis, and commentary for tax professionals whose success depends on being trusted for their expertise.

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...

1 year ago 0 1 1 0
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New York Candidate Thinks Congress Could Use More Tax Attorneys | Tax Notes Tax Notes is the first source of essential daily news, analysis, and commentary for tax professionals whose success depends on being trusted for their expertise.

I interviewed Paula Collins, a cannabis tax attorney running for Congress in New York.

1 year ago 0 0 0 0
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IRS reminds taxpayers that 280E still applies to cannabis businesses.

1 year ago 0 0 0 0
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IRS Memo Hints at New Focus on Cannabis Info Reporting Compliance | Tax Notes Tax Notes is the first source of essential daily news, analysis, and commentary for tax professionals whose success depends on being trusted for their expertise.

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.

2 years ago 0 0 0 0
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IRS announces plans for new leadership structure; adjustments align with new priorities, agency tran... New structure features single deputy IRS commissioner, four chief executive positions to cover taxpayer service, compliance, IT, operations IR-2023-237, Dec. 13, 2023 WASHINGTON — Internal Revenue ...

New leadership structure coming to the IRS.

2 years ago 1 0 0 0
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Principles for the 2025 Tax Debate | Tax Notes Brian Deese and David Kamin identify core principles for evaluating proposals to address the tax cuts expiring at the end of 2025 and to reform the code more broadly, and they place the 2025 debate in...

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...

2 years ago 0 1 0 0
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Wow.

2 years ago 0 0 0 0
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Tax History: The Murky and Mutable Moral Status of IRS Leaks | Tax Notes Joseph J. Thorndike discusses the ethics and politics of leaking taxpayer information, comparing public response to the 2021 leak of wealthy taxpayers’ data to ProPublica with the response to the 19...

The Murky and Mutable Moral Status of IRS Leaks

From me this week in @TaxNotes ($)

www.taxnotes.com/tax-notes-to...

2 years ago 0 1 0 0
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👀
IRS Consultant Charged with Disclosing Tax Return Information to News Organizations

2 years ago 0 0 0 0
Shutdown Threatens to Sideline Two-Thirds of IRS Workforce | Tax Notes Tax Notes is the first source of essential daily news, analysis, and commentary for tax professionals whose success depends on being trusted for their expertise.

ICYMI, this story is now on the free site:
Shutdown Threatens to Sideline Two-Thirds of IRS Workforce
www.taxnotes.com/featured-new...

2 years ago 0 0 0 0
IRS to Scale Back EITC Audits, Citing Racial Disparities | Tax Notes Tax Notes is the first source of essential daily news, analysis, and commentary for tax professionals whose success depends on being trusted for their expertise.

Hey BlueSky, I'm looking to follow people in the tax news/policy community. I'm mostly just a lurker, but will occasionally t̵w̵e̵e̵t̵ post links to articles from my Tax Notes colleagues. Like this one:
tinyurl.com/5fxpwa24

2 years ago 5 2 0 0