Tracy Levey
@TaxAddict
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All Things #tax #accounting #taxtwitter Forbes Top 100 Must-Follow for Tax. Co-Founder @parkertax Opinions are my own.
US
Joined January 2013
More events have been cancelled at the Kennedy Center after its board, which was handpicked by President Donald Trump, voted to rename the venue the Trump Kennedy Center https://t.co/Y84iQr2309
rollingstone.com
At least three more events are no longer happening at the Kennedy Center after its board voted to rename the venue the Trump-Kennedy Center.
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CPA Practice Advisor has announced the recipients of the ‘Most Powerful Women in Accounting’ awards. Now in their 14th year, the awards recognize leaders for their significant contributions to the profession. -
cpapracticeadvisor.com
CPA Practice Advisor has announced the recipients of the ‘Most Powerful Women in Accounting’ awards. Now in their 14th year, the awards recognize leaders for their significant contributions to the...
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Tax News & Views Updates its Bacon Mileage Rate Roundup https://t.co/bVSeDiZphE 2026 rates for business, medical, and charity mileage. Top 2025 tax policies. Expiring green energy credits. "Friendly" tax advice. Bacon.
eidebailly.com
2026 rates for business, medical, and charity mileage. Top 2025 tax policies. Expiring green energy credits. "Friendly" tax advice. Bacon.
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Tax News & Views Fiddles Big With Year-End Tax Roundup https://t.co/8r2dHZ2eau Planning tips for the final week. A look ahead to 2026 tax issues. Smashed packages. Fleeing California. Death and Taxes. Big fiddle fete.
eidebailly.com
Planning tips for the final week. A look ahead to 2026 tax issues. Smashed packages. Fleeing California. Death and Taxes. Big fiddle fete.
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Millennials who become top earners are taking strikingly similar paths to get there. They are often working in a small number of lucrative fields in a small number of superstar cities after attending a small number of top-tier universities. 🔗: https://t.co/Nx5EXnaL7w
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Parker's Top Tax Developments of 2025 (Sample Client Letters Included) https://t.co/QPCqVtcuY7
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Top news this week #1: How the 50 States Rank By Tax Burden (Updated for 2025)-
cpapracticeadvisor.com
Residents of Hawaii are burdened by taxes the most, while Alaska residents have the lowest tax burden, a new WalletHub study found.
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"Power tends to CORRUPT, and absolute power corrupts absolutely" (Lord Acton 1887)
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The Top Five New Tax Papers https://t.co/DBNzBA8a1A
@SSRN @delaFeriaR @Law_Leeds @anhttran_usc @Neu_Uni @UAntwerpen @profchristians @LawMcGill @EmoryLaw @JonEndean @brooklynlaw @DNarotzki @uakron
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Benford’s Law is a great tool for flagging possible fraud, and you can apply it in Excel if you know how. This @AICPA_JofA Tech Q&A article with video walkthrough walks you through the process. https://t.co/ID0XXNSdL3
journalofaccountancy.com
This article shows how to apply Benford’s Law to a dataset in Excel and how to interpret the results.
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In-Depth: IRS Issues Guidance on OBBBA Expansion of Health Savings Accounts. https://t.co/F67dI0xQlf
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We don’t have a complete account of Donald Trump and his family’s finances. But a clear picture has emerged: enrichment of the First Family on a scale that is unprecedented in American history. https://t.co/OozbOzSLBa
newyorker.com
In 2025, the President’s family has been making bank in myriad ways, many of which involve crypto and foreign money.
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Dealmakers are setting up trusts in the state to avoid paying taxes on carried interest.
wsj.com
Dealmakers are setting up trusts in the state to avoid paying taxes on carried interest.
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Minnesota is suing the Trump administration, alleging it has threatened to cut off federal funding for food assistance benefits if the state doesn’t comply with prescribed recertification procedures.
news.bloomberglaw.com
Minnesota is suing the Trump administration, alleging it has threatened to cut off federal funding for food assistance benefits if the state doesn’t comply with prescribed recertification procedures.
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The Third Circuit, affirming the Tax Court, held that the Sec. 6501(c)(1) indefinite assessment period for fraud applied where fraudulent intent was solely that of the taxpayer’s preparer.
thetaxadviser.com
'Intent to evade tax’ can be the intent of a taxpayer’s tax return preparer.
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Just as AI can personalize ads online, bad actors are using it to glean personal information that enables them to create custom-tailored scams
wsj.com
Phishing and other cyber scams are becoming bigger, more targeted and more convincing.
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Despite the many complex rules relating to gifting, clients will rarely be required to pay taxes on a gift. They would need to have both an ultra-high net worth and a desire to gift a substantial portion of their estate during their lifetime to be subject to a gift tax liability.
kitces.com
How to clarify which gifting situations are applicable, ways to structure gifts so that they are not reportable, and strategies to minimize gift tax as needed.
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