#taxodon — Public Fediverse posts

Seemingly ghosted by a business client who I liked working with. Won't respond to emails or phone calls. Is it too much to ask from clients to send a one sentence email saying "I've gone in another direction."? #taxtwitter #taxodon #tax #clientrelations

No 2022 deduction would be allowed for taxpayers holding nearly worthless stablecoins at December 31, 2022 per IRS memorandum.

And the taxpayer might only be able to get a capital loss out of the deal, and only if the coin is sold before it becomes worthless per the analysis in the memorandum.

#Taxodon

https://www.currentfederaltaxdevelopments.com/blog/2023/1/13/no-2022-loss-allowed-on-cryptocurrency-that-was-worth-less-than-001-per-coin-at-december-31-2022

Always looking for more tax and accounting folks to follow on here! If you are one, I will definitely follow back. #tax #taxodon #taxtwitter

The IRS has published Notice 2023-9 that provides for a safe harbor computation of the incremental cost of certain commercial clean vehicles for purposes of the §45W qualified commercial clean vehicle credit that takes effect on Sunday.

#Taxodon

https://www.irs.gov/pub/irs-drop/n-23-09.pdf

Meetings shouldn't be about discovery.

Development and analysis should all be done behind the scenes.

Meetings should be about resolution or delivery.

Collaboration can be about resolution and delivery.

#taxodon #entrepeneurlife #meetings #noagendanoatenda

I'm relearning how different platforms function.

Something I had enjoyed about Twitter was just sticking random thoughts out there. No images necessary. IG is less friendly for that. Mastodon doesn't have much engagement. I guess it's cross posting and finding a home.

#taxodon #sundaymusings

Here's a gratuitous late morning coffee cup shit on this wonderfully slow Sunday morning. Next up? Some Coda buttons.

#sundaymusings #coffeemugs #coffee #taxodon #taxtwitter #taxseason2023loading #coda #crm #entrepreneruship #entrepeneurlife #accountinglife

@PCMag This one is bad, especially if the Department lacks the logs or other technical means to really know if this one had been exploited. I think anyone with information in that database should assume it has been exploited, not just those whose accounts the security researcher showed he could access.

#Taxodon #TaxTwitter

@dangillmor I would need to double check, but I believe there are issues with Internal Revenue Code Section 7216 and this behavior absent taxpayer consent. #Taxodon https://www.taxnotes.com/research/federal/usc26/7216?highlight=7216

Reg. 301.7216(b)(2)'s definition of a preparer would seem to yank these sites in.

https://www.taxnotes.com/research/federal/usc26/7216?highlight=7216

You've got to wait six months before filing suit after sending in the claim for refund to the IRS. Amusingly, in this case, the taxpayer has her suit dismissed (without prejudice) on the exact day that the six month period expires--so she could immediately (and properly) file again to go back to court. #Taxodon #TaxTwitter

https://www.taxnotes.com/research/federal/court-documents/court-opinions-and-orders/individual-filed-refund-suit-too-early%2c-court-finds/7fdlh

Right, #Taxodon, here I am! Anyone else wandered over here from #TaxTwitter?

I'm not sure I've said it here: especially if you're part of the #twittermigration , please fill out your profile and do so quickly. Click the little elephant, change your profile photo, add some words. Maybe a banner that helps identify who you are. Maybe a website. Maybe some hashtags.

#taxtwitter I'm looking at you as you migrate to #taxodon.

The followers are fun. But I don't know who you are or if I want to follow you if I don't recognize your name and there's nothing else in your profile