Bloomberg Tax
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✉️ Newsletter: http://btaxgo.com/8izzqCL
🎧 Podcast: http://btaxgo.com/IsUUdro
A federal appeals court panel appeared dismissive Wednesday of a Georgia partnership’s claim that the US Tax Court ignored the “reasonable person standard” before affirming a denial of its $20.7 million conservation easement deduction.
Appeals Court Wary of Reversing Conservation Easement Ruling (1)
A federal appeals court panel appeared dismissive Wednesday of a Georgia partnership’s claim that the US Tax Court ignored the “reasonable person standard” before affirming a denial of its $20.7 million conservation easement deduction.
bit.ly
January 28, 2026 at 11:00 PM
A federal appeals court panel appeared dismissive Wednesday of a Georgia partnership’s claim that the US Tax Court ignored the “reasonable person standard” before affirming a denial of its $20.7 million conservation easement deduction.
The IRS is putting taxpayer information at risk with its plan to outsource some of its paper processing to contractors, the taxpayer advocate said in her annual report Wednesday.
Taxpayer Data at Risk as IRS Outsources Processing: Watchdog
The IRS is putting taxpayer information at risk with its plan to outsource some of its paper processing to contractors, the taxpayer advocate said in her annual report Wednesday.
bit.ly
January 28, 2026 at 8:00 PM
The IRS is putting taxpayer information at risk with its plan to outsource some of its paper processing to contractors, the taxpayer advocate said in her annual report Wednesday.
Opinion: Digital trade keeps growing, and so does the pressure on governments to update their tax rules. Alignment is now a key theme.
Several Indirect Tax and Digital Trade Trends Will Shape 2026
Opinion: Digital trade keeps growing, and so does the pressure on governments to update their tax rules. Alignment is now a key theme.
bit.ly
January 28, 2026 at 5:00 PM
Opinion: Digital trade keeps growing, and so does the pressure on governments to update their tax rules. Alignment is now a key theme.
The success of the IRS’s latest attempt to clear the backlog of conservation easement cases will depend on the structure of a settlement offer expected any day.
IRS Conservation Easement Offer Success Hinges on Key Details
The success of the IRS’s latest attempt to clear the backlog of conservation easement cases will depend on the structure of a settlement offer expected any day.
bit.ly
January 28, 2026 at 2:00 PM
The success of the IRS’s latest attempt to clear the backlog of conservation easement cases will depend on the structure of a settlement offer expected any day.
It’s the time of year when everyone interacts with the IRS.
Tax Filing Season Kicks Off as IRS Shakes Off Hangover from 2025
It’s the time of year when everyone interacts with the IRS.
bit.ly
January 28, 2026 at 11:00 AM
It’s the time of year when everyone interacts with the IRS.
Hawaii Gov. Josh Green (D) proposed a three-year pause of the state’s planned personal income tax cuts beginning next year to help fill a state budget gap anticipated by cuts in federal funding.
Hawaii Budget Gap Requires Income Tax Cut Pause, Governor Says
Hawaii Gov. Josh Green (D) proposed a three-year pause of the state’s planned personal income tax cuts beginning next year to help fill a state budget gap anticipated by cuts in federal funding.
bit.ly
January 28, 2026 at 8:00 AM
Hawaii Gov. Josh Green (D) proposed a three-year pause of the state’s planned personal income tax cuts beginning next year to help fill a state budget gap anticipated by cuts in federal funding.
Global standard setters voted to write new accounting rules for cash flow statements, saying that relatively minor changes could help track non-cash deals that are important to companies’ liquidity, like leases.
Decades Old Global Cash Accounting Rules Set for an Overhaul
Global standard setters voted to write new accounting rules for cash flow statements, saying that relatively minor changes could help track non-cash deals that are important to companies’ liquidity, like leases.
bit.ly
January 28, 2026 at 5:00 AM
Global standard setters voted to write new accounting rules for cash flow statements, saying that relatively minor changes could help track non-cash deals that are important to companies’ liquidity, like leases.
Opinion: New York Gov. Kathy Hochul’s (D) budget offers a comforting illusion of fiscal restraint in a time of relative revenue stability, but a smarter path would be to raise the top marginal corporate tax rate and make that surcharge permanent.
NY Budget Leaves the Future Vulnerable to Avoid Political Pain
Opinion: New York Gov. Kathy Hochul’s (D) budget offers a comforting illusion of fiscal restraint in a time of relative revenue stability, but a smarter path would be to raise the top marginal corporate tax rate and make that surcharge permanent.
bit.ly
January 28, 2026 at 2:00 AM
Opinion: New York Gov. Kathy Hochul’s (D) budget offers a comforting illusion of fiscal restraint in a time of relative revenue stability, but a smarter path would be to raise the top marginal corporate tax rate and make that surcharge permanent.
Lawmakers in at least five states are considering legislation placing new taxes on manufacturers and dealers of firearms and ammunition as a strategy for addressing gun violence, following a model established by California and Colorado in 2024.
Guns and Ammo Excise Taxes Getting Attention in Five States
Lawmakers in at least five states are considering legislation placing new taxes on manufacturers and dealers of firearms and ammunition as a strategy for addressing gun violence, following a model established by California and Colorado in 2024.
bit.ly
January 27, 2026 at 11:00 PM
Lawmakers in at least five states are considering legislation placing new taxes on manufacturers and dealers of firearms and ammunition as a strategy for addressing gun violence, following a model established by California and Colorado in 2024.
Taxpayers should brace for delays in refunds, the IRS watchdog warned, as the agency recovers from staff losses and a long government shutdown last fall.
IRS Watchdog Warns of Delayed Refunds After Shutdown, Staff Drop
Taxpayers should brace for delays in refunds, the IRS watchdog warned, as the agency recovers from staff losses and a long government shutdown last fall.
bit.ly
January 27, 2026 at 8:00 PM
Taxpayers should brace for delays in refunds, the IRS watchdog warned, as the agency recovers from staff losses and a long government shutdown last fall.
Opinion: Carving out the US from the OECD's global minimum tax plan will force companies to prepare for a tax regime that will operate in one form for two years and quite differently thereafter.
‘Side by Side’ Global Tax Deal Tests Pillar Two’s Staying Power
Opinion: Carving out the US from the OECD's global minimum tax plan will force companies to prepare for a tax regime that will operate in one form for two years and quite differently thereafter.
bit.ly
January 27, 2026 at 5:00 PM
Opinion: Carving out the US from the OECD's global minimum tax plan will force companies to prepare for a tax regime that will operate in one form for two years and quite differently thereafter.
It’s the time of year when everyone interacts with the IRS.
Tax Filing Season Kicks Off as IRS Shakes Off Hangover from 2025
It’s the time of year when everyone interacts with the IRS.
bit.ly
January 27, 2026 at 2:00 PM
It’s the time of year when everyone interacts with the IRS.
Opinion: A pending federal appeals court ruling involving an Illinois tax foreclosure case will address how immunity doctrines operate when a foreclosure is found to effect an unconstitutional taking and result in an excessive fine.
Illinois Deed Sale Case Shows Lack of State-Level Tax Clarity
Opinion: A pending federal appeals court ruling involving an Illinois tax foreclosure case will address how immunity doctrines operate when a foreclosure is found to effect an unconstitutional taking and result in an excessive fine.
bit.ly
January 27, 2026 at 11:00 AM
Opinion: A pending federal appeals court ruling involving an Illinois tax foreclosure case will address how immunity doctrines operate when a foreclosure is found to effect an unconstitutional taking and result in an excessive fine.
Hawaii Gov. Josh Green (D) proposed a three-year pause of the state’s planned personal income tax cuts beginning next year to help fill a state budget gap anticipated by cuts in federal funding.
Hawaii Budget Gap Requires Income Tax Cut Pause, Governor Says
Hawaii Gov. Josh Green (D) proposed a three-year pause of the state’s planned personal income tax cuts beginning next year to help fill a state budget gap anticipated by cuts in federal funding.
bit.ly
January 27, 2026 at 5:00 AM
Hawaii Gov. Josh Green (D) proposed a three-year pause of the state’s planned personal income tax cuts beginning next year to help fill a state budget gap anticipated by cuts in federal funding.
Nidec Corp. will release a plan this week to get its business back on track, people familiar with the matter say, after an accounting scandal that has put the company at risk of delisting and caused its debt to be downgraded to junk status.
Nidec Said to Prepare Recovery Plan Following Accounting Scandal
Nidec Corp. will release a plan this week to get its business back on track, people familiar with the matter say, after an accounting scandal that has put the company at risk of delisting and caused its debt to be downgraded to junk status.
bit.ly
January 27, 2026 at 2:00 AM
Nidec Corp. will release a plan this week to get its business back on track, people familiar with the matter say, after an accounting scandal that has put the company at risk of delisting and caused its debt to be downgraded to junk status.
It’s the time of year when everyone interacts with the IRS.
Tax Filing Season Kicks Off as IRS Shakes Off Hangover from 2025
It’s the time of year when everyone interacts with the IRS.
bit.ly
January 26, 2026 at 11:00 PM
It’s the time of year when everyone interacts with the IRS.
Digital payments company Block Inc. will get a $539,000 refund of Atlanta occupation taxes after the Georgia Supreme Court declined to review the city’s loss.
Block Win Over Atlanta Tax Stands as State Top Court Skips Case
Digital payments company Block Inc. will get a $539,000 refund of Atlanta occupation taxes after the Georgia Supreme Court declined to review the city’s loss.
bit.ly
January 26, 2026 at 8:00 PM
Digital payments company Block Inc. will get a $539,000 refund of Atlanta occupation taxes after the Georgia Supreme Court declined to review the city’s loss.
A global agreement to exempt US multinationals from key parts of the 15% global minimum tax is raising concerns that its rules may tie the hands of Congress to make corporate-friendly changes to the US tax code in the future.
Global Tax Deal Sparks Fear US Law Will Be Tougher to Change (1)
A global agreement to exempt US multinationals from key parts of the 15% global minimum tax is raising concerns that its rules may tie the hands of Congress to make corporate-friendly changes to the US tax code in the future.
bit.ly
January 26, 2026 at 5:00 PM
A global agreement to exempt US multinationals from key parts of the 15% global minimum tax is raising concerns that its rules may tie the hands of Congress to make corporate-friendly changes to the US tax code in the future.
Opinion: Businesses operating in California should treat the state and local tax deduction conversation as a practical risk signal, not a cable-news segment.
California’s 2026 SALT Debate Should Focus on Predictability
Opinion: Businesses operating in California should treat the state and local tax deduction conversation as a practical risk signal, not a cable-news segment.
bit.ly
January 26, 2026 at 2:00 PM
Opinion: Businesses operating in California should treat the state and local tax deduction conversation as a practical risk signal, not a cable-news segment.
Skims Body Inc. will pay a $200,000 civil penalty to resolve allegations that it violated New Jersey’s consumer protection laws by collecting sales tax on exempt clothing, the state attorney general announced Tuesday.
Kim Kardashian’s Lingerie Line Settles NJ Sales Tax Charges (1)
Skims Body Inc. will pay a $200,000 civil penalty to resolve allegations that it violated New Jersey’s consumer protection laws by collecting sales tax on exempt clothing, the state attorney general announced Tuesday.
bit.ly
January 26, 2026 at 11:00 AM
Skims Body Inc. will pay a $200,000 civil penalty to resolve allegations that it violated New Jersey’s consumer protection laws by collecting sales tax on exempt clothing, the state attorney general announced Tuesday.
Opinion: Auditors and accountants shouldn’t interpret the SEC’s decline in case volume as a relaxation of standards or equate fewer IRS audits with reduced compliance obligations.
SEC and IRS Enforcement Changes Are No Excuse for Lax Behavior
Opinion: Auditors and accountants shouldn’t interpret the SEC’s decline in case volume as a relaxation of standards or equate fewer IRS audits with reduced compliance obligations.
bit.ly
January 26, 2026 at 8:00 AM
Opinion: Auditors and accountants shouldn’t interpret the SEC’s decline in case volume as a relaxation of standards or equate fewer IRS audits with reduced compliance obligations.
The line between tax auditors policing mere civil infractions versus serious tax crimes is blurring in the latest reorganization at the top of the IRS.
IRS Leader Shake-Up Bleeds Criminal, Civil Enforcement Oversight
The line between tax auditors policing mere civil infractions versus serious tax crimes is blurring in the latest reorganization at the top of the IRS.
bit.ly
January 26, 2026 at 5:00 AM
The line between tax auditors policing mere civil infractions versus serious tax crimes is blurring in the latest reorganization at the top of the IRS.
Opinion: If the federal government is abandoning partnership enforcement, states—especially high-income states—have every reason to step in, as a pool of trained, experienced partnership auditors are suddenly available.
IRS Partnership Audit Brain Drain Is an Opportunity for States
Opinion: If the federal government is abandoning partnership enforcement, states—especially high-income states—have every reason to step in, as a pool of trained, experienced partnership auditors are suddenly available.
bit.ly
January 26, 2026 at 2:00 AM
Opinion: If the federal government is abandoning partnership enforcement, states—especially high-income states—have every reason to step in, as a pool of trained, experienced partnership auditors are suddenly available.
Opinion: The Financial Accounting Standards Board must settle three technical accounting areas to reduce risk at a time when cryptocurrencies and AI-aligned companies are volatile and difficult to understand.
Accounting Board Needs to Define Stablecoins, Clarify AI in 2026
Opinion: The Financial Accounting Standards Board must settle three technical accounting areas to reduce risk at a time when cryptocurrencies and AI-aligned companies are volatile and difficult to understand.
bit.ly
January 25, 2026 at 11:00 PM
Opinion: The Financial Accounting Standards Board must settle three technical accounting areas to reduce risk at a time when cryptocurrencies and AI-aligned companies are volatile and difficult to understand.
Lawmakers are seeking to ax nearly $12 billion more in IRS funding in a bipartisan spending plan released early Tuesday morning.
Lawmakers Ax $11.6 Billion More in IRS Funding in Spending Plan
Lawmakers are seeking to ax nearly $12 billion more in IRS funding in a bipartisan spending plan released early Tuesday morning.
bit.ly
January 25, 2026 at 8:00 PM
Lawmakers are seeking to ax nearly $12 billion more in IRS funding in a bipartisan spending plan released early Tuesday morning.