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In the blogs: Just a sense

Tariffs' effects; the right CMS; new blog on the block; and other highlights from our favorite tax bloggers.

Just a sense

States' rights

  • Institute on Taxation and Economic Policy (https://itep.org/category/blog/): Tax changes nearing the finish line in many states include Kentucky being poised to enact an income tax cut, the Pennsylvania governor's call to accelerate corporate tax cuts while closing corporate tax loopholes, the Ohio governor's proposed new credit for children of working parents, and Virginia Democrats countering their governor's proposed tax cuts.
  • Withum (https://www.withum.com/resources/): Also, Washington's treatment of "surcharges" for tariffs, fuel costs and credit card processing, Texas determining that hosting services for crypto mining hardware are not taxable, and Maine shifting sales tax imposition on tangible personal property to each periodic lease or rental payment.
  • Sovos (https://sovos.com/blog/): Delaware's anticipated invitation dates for voluntary disclosure agreements.

All that fits

Matters of time

  • Canopy (https://www.getcanopy.com/blog): Top features to look for when selecting accounting-specific client management software.
  • National Taxpayer Advocate (https://www.taxpayeradvocate.irs.gov/taxnews-information/blogs-nta): What to remind them about the Earned Income Tax Credit on the credit's 50th birthday.
  • The National Association of Tax Professionals (https://blog.natptax.com/): This "You Make the Call" looks at Diego, an active-duty military member stationed in Germany since last March. His spouse and young children remained in Florida in the home the couple owns together. This is Diego's first deployment, and his spouse is unsure what filing status to use since Diego has not lived in their home for 10 months. Diego's W-2 shows only $8,000 even though he is employed by the military full-time and received other non-taxable pay. The couple's only other source of income is from the small business that Diego's spouse owns, which nets $19,000 annually after expenses. Neither Diego nor his spouse attend school currently, but they do have eligible childcare expenses for both children. They are not separated and maintain their home equally. Which filing status is most beneficial?

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