Joe Kristan
@joebwan
Tax guy. http://EBtaxblog.com. Eide Bailly LLP. Views are mine alone. (who else would want them?) Also Threading as joebwan60.
the people of America cried out, "Mr. President, housing is too cheap, it is too easy to afford a home in this country!" and Donald Trump took immediate action
US WILL COLLECT ANTIDUMPING DUTIES ON CANADA SOFT LUMBER
New from me today: US exporters -- particularly those with significant research expenses and domestic factories -- scored a big win in the tax law. Link below.
Oppose bad policy? Nah - criticize it for not being terrible enough.
New: The Culinary Workers Union, an influential force in Nevada politics & Dem ally, wants to see more on no tax on tips Includes permanence, doubling the deduction for married couples & making sure automatic gratuity is covered. Tax cut is up in 2028 More from Las Vegas -
The idea that huge corporations are buying up all the housing and that's why it's not affordable is simply wrong.
Transfer Pricing and Withholding Tax - Whack-a-Mole for Multinationals - Chad Martin, @EideBaillyLLP eidebailly.com/insights/blogs… Transfer pricing that seems "safe" for income tax purposes can create withholding danger.
"But by not mailing the document by registered or certified mail, [taxpayer] assumed the risk of nondelivery." - TC Memo 2025-80. If you aren't e-filing extensions (you should), and you don't use certified mail, you are putting way too much trust in the postal service.
From the what could go wrong file, @joebwan @EideBaillyLLP roundup reports a White House AI action plan could lead the IRS to broaden its use of AI, but the plan lacks clear requirements to ensure that the technology is used safely and ethically.
...milky sweetness via @rapoportmike @TGorcz @MariaKoklanaris @Law360 @taxtweet @TheTaxAdviser @peterreillycpa @Forbes And more! eidebailly.com/insights/blogs…
There is nothing to celebrate. Moving from average tariffs of less than 2% on trade between the USA and Europe to 15% under today’s deal will inevitably lead to inflation. Almost everything will become more expensive in both Europe and the USA, and we will all be worse off. The…
We're doing a live Q-and-A this afternoon on the recent WSJ poll, including Americans' views on the new tax-and-spending law. Lob in your questions for us here: wsj.com/politics/polic…
This argument misses the point. The EU is slightly better off for reducing its already-low trade restrictions on the US. The US is worse off because it raised tariffs on itself, and will incur most of that burden...but only if those tariffs survive in court.
What I worried about has happened. A completely unequal “deal” between the US and the EU. Have no doubt: asymmetric 15% tariffs are a EU defeat. When the law of the jungle prevails, the weak have little choice than to accept their fate. But Europe could potentially have been…
Your #DailyDeduction from the @TaxPolicyCenter | Offsets, Federal Debt, ACA Divides, And Gamblers’ Regret taxpolicycenter.org/offsets-federa…
This is not true. The OB3 provision edits a TCJA provision related to employer eating facilities (due to the Jacobs Tax Court case).
Is this true? I hadn't seen this in any of other articles I've read.
Mayo Clinic is entitled to an $11.5 million refund because the nonprofit qualifies as an educational institution for tax purposes, the Eighth Circuit said Friday. news.bloombergtax.com/daily-tax-repo…
Capitol Hill Recap: Axe Falling on Treasury? - @AlexParkerDC @EideBaillyLLP eidebailly.com/insights/blogs… As Treasury gears up to implement the One Big Beautiful Bill, Congress is trying to cut back its workforce.
