Tax Notes
@taxnotes.com
Your #1 source for everything tax.
News, commentary, analysis | taxnotes.com
Nonpartisan nonprofit.
News, commentary, analysis | taxnotes.com
Nonpartisan nonprofit.
What effects, good or not, will the tax policies of incoming New York City Mayor Zohran Mamdani (D) have on New York City?
Tax wonks weigh in: https://taxnotes.co/3JuxCGd
Tax wonks weigh in: https://taxnotes.co/3JuxCGd
November 11, 2025 at 6:31 PM
What effects, good or not, will the tax policies of incoming New York City Mayor Zohran Mamdani (D) have on New York City?
Tax wonks weigh in: https://taxnotes.co/3JuxCGd
Tax wonks weigh in: https://taxnotes.co/3JuxCGd
"Ultimately, the historical briefs reach a compelling conclusion: Upholding Trump’s claim to unbounded tariff authority would constitute a revolution in American governance," @joethorndike.bsky.social writes.
Three Compelling Historical Arguments Against The Trump Tariffs
Joseph J. Thorndike examines the amicus briefs filed in the two combined cases currently challenging the Trump administration’s tariffs before the Supreme Court.
www.forbes.com
November 10, 2025 at 5:50 PM
"Ultimately, the historical briefs reach a compelling conclusion: Upholding Trump’s claim to unbounded tariff authority would constitute a revolution in American governance," @joethorndike.bsky.social writes.
"If the Court were to overrule the IEEPA tariffs on the grounds that delegations related to taxes and tariffs must be more specific than other types of powers, the consequences for tax could be extensive," Marie Sapirie writes.
Untangling The Tariff And Tax Delegation Case At The Supreme Court
Marie Sapirie argues that two companies’ nondelegation argument in their Supreme Court challenge to President Trump’s tariff actions is unlikely to succeed.
www.forbes.com
November 7, 2025 at 6:51 PM
"If the Court were to overrule the IEEPA tariffs on the grounds that delegations related to taxes and tariffs must be more specific than other types of powers, the consequences for tax could be extensive," Marie Sapirie writes.
Reposted by Tax Notes
🗣️ IISD Tax expert Elisângela Rita recently spoke with @taxnotes.com about her journey into international tax, while discussing key tax issues and developments.
Listen to the conversation now➡️ taxnotestalk.taxnotes.com/124942/episo...
Listen to the conversation now➡️ taxnotestalk.taxnotes.com/124942/episo...
From Lisbon: The Future of International Tax Cooperation - Tax Notes Talk
Elisângela Rita, a former member of the U.N. Committee of Experts on International Cooperation in Tax Matters, discusses her career in international tax and the evolution of U.N. global tax convention...
taxnotestalk.taxnotes.com
November 7, 2025 at 10:32 AM
🗣️ IISD Tax expert Elisângela Rita recently spoke with @taxnotes.com about her journey into international tax, while discussing key tax issues and developments.
Listen to the conversation now➡️ taxnotestalk.taxnotes.com/124942/episo...
Listen to the conversation now➡️ taxnotestalk.taxnotes.com/124942/episo...
The government shutdown and a lack of resources at the IRS are among the significant risks to the 2026 filing season, according to former IRS Commissioner Daniel Werfel.
Read more: https://taxnotes.co/3LpAuVk
Read more: https://taxnotes.co/3LpAuVk
November 6, 2025 at 8:55 PM
The government shutdown and a lack of resources at the IRS are among the significant risks to the 2026 filing season, according to former IRS Commissioner Daniel Werfel.
Read more: https://taxnotes.co/3LpAuVk
Read more: https://taxnotes.co/3LpAuVk
Reposted by Tax Notes
Legal opinions argue that taxpayers can source gains to Puerto Rico that were accrued before establishing residency in Puerto Rico in some circumstances. That advice could put taxpayers on the wrong side of the IRS.
Our latest @taxnotes.com investigation bit.ly/3Jj4rpy
Our latest @taxnotes.com investigation bit.ly/3Jj4rpy
bit.ly
November 6, 2025 at 2:02 PM
Legal opinions argue that taxpayers can source gains to Puerto Rico that were accrued before establishing residency in Puerto Rico in some circumstances. That advice could put taxpayers on the wrong side of the IRS.
Our latest @taxnotes.com investigation bit.ly/3Jj4rpy
Our latest @taxnotes.com investigation bit.ly/3Jj4rpy
NEW: The IRS has informed states participating in Direct File that the free filing tool won’t be offered in 2026, according to an email from the agency.
Read more: https://taxnotes.co/4qFxLY9
Read more: https://taxnotes.co/4qFxLY9
November 5, 2025 at 4:54 PM
NEW: The IRS has informed states participating in Direct File that the free filing tool won’t be offered in 2026, according to an email from the agency.
Read more: https://taxnotes.co/4qFxLY9
Read more: https://taxnotes.co/4qFxLY9
📢 Calling all innovators in U.S. federal tax!
Tax Analysts is expanding our Award of Distinction program with a new category celebrating excellence in U.S. federal taxation.
Submit a nomination for yourself or someone else today: awards.taxanalysts.org
Tax Analysts is expanding our Award of Distinction program with a new category celebrating excellence in U.S. federal taxation.
Submit a nomination for yourself or someone else today: awards.taxanalysts.org
November 4, 2025 at 6:14 PM
📢 Calling all innovators in U.S. federal tax!
Tax Analysts is expanding our Award of Distinction program with a new category celebrating excellence in U.S. federal taxation.
Submit a nomination for yourself or someone else today: awards.taxanalysts.org
Tax Analysts is expanding our Award of Distinction program with a new category celebrating excellence in U.S. federal taxation.
Submit a nomination for yourself or someone else today: awards.taxanalysts.org
The IRS is hiring criminal investigators to assist with President Trump’s efforts to ramp up law enforcement in Washington, D.C.
Read more: https://taxnotes.co/49AWtTb
Read more: https://taxnotes.co/49AWtTb
November 4, 2025 at 3:53 PM
The IRS is hiring criminal investigators to assist with President Trump’s efforts to ramp up law enforcement in Washington, D.C.
Read more: https://taxnotes.co/49AWtTb
Read more: https://taxnotes.co/49AWtTb
As federal funding for the Supplemental Nutrition Assistance Program (SNAP) teeters amid the federal government shutdown, state officials and governors are highlighting direct tax and budget risks.
Read more: https://taxnotes.co/4qGno6e
Read more: https://taxnotes.co/4qGno6e
November 3, 2025 at 6:06 PM
As federal funding for the Supplemental Nutrition Assistance Program (SNAP) teeters amid the federal government shutdown, state officials and governors are highlighting direct tax and budget risks.
Read more: https://taxnotes.co/4qGno6e
Read more: https://taxnotes.co/4qGno6e
Reposted by Tax Notes
🌍#ICRICT in @taxnotes.com key insight:
Spain, Brazil, Chile - a coalition of countries is doubling down on a mission to tax the ultra wealthy.
Read Nana Sarfo article on our event on extreme wealth inequality during IMF/WB Annuals #IMFMeetings.
Full story: shorturl.at/ovSCj
#TaxThePower
Spain, Brazil, Chile - a coalition of countries is doubling down on a mission to tax the ultra wealthy.
Read Nana Sarfo article on our event on extreme wealth inequality during IMF/WB Annuals #IMFMeetings.
Full story: shorturl.at/ovSCj
#TaxThePower
October 31, 2025 at 2:28 PM
🌍#ICRICT in @taxnotes.com key insight:
Spain, Brazil, Chile - a coalition of countries is doubling down on a mission to tax the ultra wealthy.
Read Nana Sarfo article on our event on extreme wealth inequality during IMF/WB Annuals #IMFMeetings.
Full story: shorturl.at/ovSCj
#TaxThePower
Spain, Brazil, Chile - a coalition of countries is doubling down on a mission to tax the ultra wealthy.
Read Nana Sarfo article on our event on extreme wealth inequality during IMF/WB Annuals #IMFMeetings.
Full story: shorturl.at/ovSCj
#TaxThePower
For the third day in a row, the Senate approved a resolution to undermine a portion of President Trump’s layered tariff regimes.
Read more: https://taxnotes.co/4nsWMmf
Read more: https://taxnotes.co/4nsWMmf
October 31, 2025 at 9:05 PM
For the third day in a row, the Senate approved a resolution to undermine a portion of President Trump’s layered tariff regimes.
Read more: https://taxnotes.co/4nsWMmf
Read more: https://taxnotes.co/4nsWMmf
New legislation from House Democratic taxwriters would restore clean energy credits from the Inflation Reduction Act that were slashed in the Republican reconciliation bill earlier this year, while also maintaining some of its small enhancements.
Read more: https://taxnotes.co/47mFEZm
Read more: https://taxnotes.co/47mFEZm
October 30, 2025 at 8:24 PM
New legislation from House Democratic taxwriters would restore clean energy credits from the Inflation Reduction Act that were slashed in the Republican reconciliation bill earlier this year, while also maintaining some of its small enhancements.
Read more: https://taxnotes.co/47mFEZm
Read more: https://taxnotes.co/47mFEZm
"Ronald Reagan was no fan of tariffs. In fact, he was an ardent (if inconstant) champion of free trade and open markets," @joethorndike.bsky.social writes.
Ronald Reagan Would Have Hated Trump’s Tariffs
Joseph J. Thorndike contrasts Ronald Reagan’s approach to international trade with the tariff policy of the Trump administration.
www.forbes.com
October 24, 2025 at 9:25 PM
"Ronald Reagan was no fan of tariffs. In fact, he was an ardent (if inconstant) champion of free trade and open markets," @joethorndike.bsky.social writes.
"If the economic burden of a tariff was passed on to you as a consumer through various price adjustments, there's no recovery for that," Robert Goulder said. "The only people who are entitled to a tariff refund is the importer who actually paid the tariff up front."
Trump's Tariffs On Trial: Supreme Court Preview
In this episode of Tax Notes Talk, Tax Notes contributing editor Robert Goulder discusses the upcoming oral arguments before the Supreme Court on the validity of the Trump administration's recent reci...
www.forbes.com
October 24, 2025 at 4:17 PM
"If the economic burden of a tariff was passed on to you as a consumer through various price adjustments, there's no recovery for that," Robert Goulder said. "The only people who are entitled to a tariff refund is the importer who actually paid the tariff up front."
The Senate passed legislation that would require the IRS to explain any math or clerical errors made on federal returns and notify taxpayers about the opportunity to abate wrongly assessed tax.
Read more: www.taxnotes.com/tax-notes-to...
Read more: www.taxnotes.com/tax-notes-to...
October 23, 2025 at 2:22 PM
The Senate passed legislation that would require the IRS to explain any math or clerical errors made on federal returns and notify taxpayers about the opportunity to abate wrongly assessed tax.
Read more: www.taxnotes.com/tax-notes-to...
Read more: www.taxnotes.com/tax-notes-to...
A presidential memorandum regarding domestic terrorism could jeopardize some nonprofits’ federal funding and governmental contracts, according to two attorneys specializing in tax-exempt organizations.
Read more: www.taxnotes.com/tax-notes-to...
Read more: www.taxnotes.com/tax-notes-to...
October 22, 2025 at 1:33 PM
A presidential memorandum regarding domestic terrorism could jeopardize some nonprofits’ federal funding and governmental contracts, according to two attorneys specializing in tax-exempt organizations.
Read more: www.taxnotes.com/tax-notes-to...
Read more: www.taxnotes.com/tax-notes-to...
"Americans of almost every political stripe tend to think of governmental tax revenue as an aggregation of dollars paid by individuals," @joethorndike.bsky.social writes. "That gives taxpayers a claim on those dollars — and a moral responsibility for how they are spent."
It’s About More Than Rates: Explaining Taxes From The Bottom Up
Joseph Thorndike reviews, "My Tax Dollars: The Morality of Taxpaying in America," by Ruth Braunstein, which maps out the “moral landscape” of taxpaying in the U.S.
www.forbes.com
October 21, 2025 at 4:22 PM
"Americans of almost every political stripe tend to think of governmental tax revenue as an aggregation of dollars paid by individuals," @joethorndike.bsky.social writes. "That gives taxpayers a claim on those dollars — and a moral responsibility for how they are spent."
A report that the Trump administration seeks to exert more control over the IRS Criminal Investigation division has some former agency officials questioning whether the move is legal or will be implemented fairly.
Read more: www.taxnotes.com/tax-notes-to...
Read more: www.taxnotes.com/tax-notes-to...
October 17, 2025 at 2:28 PM
A report that the Trump administration seeks to exert more control over the IRS Criminal Investigation division has some former agency officials questioning whether the move is legal or will be implemented fairly.
Read more: www.taxnotes.com/tax-notes-to...
Read more: www.taxnotes.com/tax-notes-to...
Rep. Marjorie Taylor Greene, R-Ga., a staunch conservative and ally of President Trump, is siding with Democrats in pushing for the extension of an expiring Affordable Care Act tax credit.
Read more: www.taxnotes.com/tax-notes-to...
Read more: www.taxnotes.com/tax-notes-to...
October 14, 2025 at 5:10 PM
Rep. Marjorie Taylor Greene, R-Ga., a staunch conservative and ally of President Trump, is siding with Democrats in pushing for the extension of an expiring Affordable Care Act tax credit.
Read more: www.taxnotes.com/tax-notes-to...
Read more: www.taxnotes.com/tax-notes-to...
Reposted by Tax Notes
Opposition to the qualified small business stock exclusion crosses ideological lines!
@kylepomerleau.bsky.social & me on why QSBS-which Republicans just expanded-is inefficient, unfair & should be scrapped, or at least reformed to fix glaring defects.
www.taxnotes.com/tax-notes-to... @taxnotes.com
@kylepomerleau.bsky.social & me on why QSBS-which Republicans just expanded-is inefficient, unfair & should be scrapped, or at least reformed to fix glaring defects.
www.taxnotes.com/tax-notes-to... @taxnotes.com
www.taxnotes.com
October 10, 2025 at 4:17 PM
Opposition to the qualified small business stock exclusion crosses ideological lines!
@kylepomerleau.bsky.social & me on why QSBS-which Republicans just expanded-is inefficient, unfair & should be scrapped, or at least reformed to fix glaring defects.
www.taxnotes.com/tax-notes-to... @taxnotes.com
@kylepomerleau.bsky.social & me on why QSBS-which Republicans just expanded-is inefficient, unfair & should be scrapped, or at least reformed to fix glaring defects.
www.taxnotes.com/tax-notes-to... @taxnotes.com
Reposted by Tax Notes
I’m excited to speak at the #TaxTrendsSummit 2025 on November 5 presented by @taxnotes.com and the ABA Tax Section.
I’ll be moderating the panel "Tax Policy at 10,000 Feet: A Strategic Outlook" alongside a fantastic group of industry leaders. Register now: taxnotes.co/taxtrends25
I’ll be moderating the panel "Tax Policy at 10,000 Feet: A Strategic Outlook" alongside a fantastic group of industry leaders. Register now: taxnotes.co/taxtrends25
October 14, 2025 at 2:21 PM
I’m excited to speak at the #TaxTrendsSummit 2025 on November 5 presented by @taxnotes.com and the ABA Tax Section.
I’ll be moderating the panel "Tax Policy at 10,000 Feet: A Strategic Outlook" alongside a fantastic group of industry leaders. Register now: taxnotes.co/taxtrends25
I’ll be moderating the panel "Tax Policy at 10,000 Feet: A Strategic Outlook" alongside a fantastic group of industry leaders. Register now: taxnotes.co/taxtrends25
It’s becoming a real possibility that the government will reopen without an extension of an expiring healthcare tax credit, despite congressional Democrats’ demand to address the subsidies in exchange for their votes for a stopgap funding measure.
Read more: www.taxnotes.com/tax-notes-to...
Read more: www.taxnotes.com/tax-notes-to...
October 10, 2025 at 2:09 PM
It’s becoming a real possibility that the government will reopen without an extension of an expiring healthcare tax credit, despite congressional Democrats’ demand to address the subsidies in exchange for their votes for a stopgap funding measure.
Read more: www.taxnotes.com/tax-notes-to...
Read more: www.taxnotes.com/tax-notes-to...
Frank Bisignano’s dual role as Social Security Administration commissioner and IRS CEO raises concerns as litigation regarding tax data sharing with U.S. Immigration and Customs Enforcement continues.
Read more: www.taxnotes.com/tax-notes-to...
Read more: www.taxnotes.com/tax-notes-to...
October 8, 2025 at 4:58 PM
Frank Bisignano’s dual role as Social Security Administration commissioner and IRS CEO raises concerns as litigation regarding tax data sharing with U.S. Immigration and Customs Enforcement continues.
Read more: www.taxnotes.com/tax-notes-to...
Read more: www.taxnotes.com/tax-notes-to...
Groups representing tax professionals are concerned that IRS furloughs during a prolonged government shutdown would hamper return processing and set back preparations for next filing season.
Read more: www.taxnotes.com/tax-notes-to...
Read more: www.taxnotes.com/tax-notes-to...
October 6, 2025 at 2:27 PM
Groups representing tax professionals are concerned that IRS furloughs during a prolonged government shutdown would hamper return processing and set back preparations for next filing season.
Read more: www.taxnotes.com/tax-notes-to...
Read more: www.taxnotes.com/tax-notes-to...