Edward S. Karl, CPA

A #Capitol 4th from my “old” office. #July4th #4thofjuly #fireworks

R&E (Section 174) - The most recent chapter in the #extenders story. aicpa.org/professional-i… #tax #TaxTwitter #AICPAtax

Join us later today - great agenda! #AICPAtax #AICPA #TaxTwitter

We want to send a late shoutout to our VP of Tax Policy and Strategic Partnerships, Jessica Jeane, J.D. @jessandtaxes was invited to speak on two panels at this year’s ABA Mid-Year Tax Meeting in San Diego. Can't wait to see where you pop up next!

@nittiaj and @DamienMartinCPA - 2 of my favorite! #TaxTwitter #tax

IR-2022-226: #IRS announces delay for implementation of $600 reporting threshold for third-party payment platforms’ Forms 1099-K content.govdelivery.com/accounts/USIRS… #AICPAtax #AICPA #TaxTwitter

Distracting when you’re trying to work. #BombCyclone

@JPorterCPA You made it into Tax Notes with this comment!

I read the W&M summary and was appalled that a CPA firm would prepare a return with this many issues and sign it. Those returns would have never passed review in our office.

@Aprilshowerstax I wouldn’t read a book; I’d just schedule more vacation and holidays. You’d get a lot done and more time off to boot.

In other procrastination news, the MOST productive days of the year for me are the couple of days before vacation or the holidays. WHYYYYYYYY? I am doing something about this in 2023. What book can I read that will fix me?

@Aprilshowerstax podcasts are great and the topic is important. And just started a related #tax advocacy task force on “Filing Flexibility.” #TaxTwitter #AICPAtax #AICPA

There’s still time; your feedback is important. #AICPAtax #AICPA #TaxTwitter #ethics #SSTSs

#AICPA commented to #IRS on Form 706-GS(T), Generation-Skipping Transfer #Tax Return for Terminations. us.aicpa.org/content/dam/ai… #TaxTwitter #AICPAtax #taxes

#AICPA provided comments to the Multi-State #Tax Commission (#MTC) on its draft model act on the treatment of investment partnership income that is part of the MTC’s Project on State Taxation of Partnerships. us.aicpa.org/content/dam/ai… #AICPAtax #TaxTwitter

Strange things happen under a full #moon. #lunar

Thank you @IRS! #TaxTwitter #ERC

I almost missed the simple joke of the thread but the simple truth is recent history is inescapable. Will all the decent people please stand up? (I wouldn’t allow my kids to get away with this junk!) #truth #Democracy

#AICPA pleased that #IRS provided #penaltyrelief in Notice 2022-36 but thought more could have been done. us.aicpa.org/content/dam/ai… #AICPAtax #IRSbacklog #TaxTwitter

#AICPA submitted to #IRS comments on the virtual currency question on the Form 1040 and instructions. us.aicpa.org/content/dam/ai… #VirtualCurrency #AICPAtax #TaxTwitter #Form1040

#AICPA requested #IRS issue guidance in key areas related to #employees working remotely. us.aicpa.org/content/dam/ai… #AICPAtax #TaxTwitter #pandemic

#AICPA submitted comments to #IRS regarding challenges with the Practitioner Priority Service line. us.aicpa.org/content/dam/ai… #AICPAtax #TaxTwitter