Editor, Tax Notes Today Federal @taxnotes Retweets, links, likes, and follows are not endorsements. Views are my own.
San Diego, CA
Joined October 2015
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Wesley Elmore retweeted
In an exclusive sit-down interview with Tax Notes Talk, IRS Commissioner Daniel Werfel discusses his tenure and the agency’s future with major TCJA provisions expiring next year.
Listen to his conversation with @benmvaldez wherever you get your podcasts: taxnotes.co/podcast
Wesley Elmore retweeted
"Former President Trump has big plans for steep new tariffs. And if he wins in November, no one is likely to stop him."
Read @jthorndike's latest #TaxHistory perspective, now available outside of the paywall, here: taxnotes.co/3bwnB77
Wesley Elmore retweeted
GOP lawmakers are bound to go after the Inflation Reduction Act's clean energy credits next year. But a full or even partial repeal is far from guaranteed in any election scenario - including a Republican sweep.
My latest: taxnotes.com/tax-notes-today…
Wesley Elmore retweeted
Paula Collins is running for Congress, and she thinks her experience as a #cannabis tax attorney is much needed on Capitol Hill.
Read more about Collins and her #TaxPolicy positions from @wesleymelmore: taxnotes.co/3N6UycL
Wesley Elmore retweeted
Among the thousands of comments submitted in response to @DEAHQ's proposed rule to reschedule #marijuana are a few calling for retroactive tax relief for cannabis businesses that have long been unable to deduct their expenses. taxnotes.co/3WjwDe5
Wesley Elmore retweeted
A great read from @doug_sword on R&D + tax: Use of the research credit has exploded even as the 2022 switch to amortization pinched the research and development deduction, according to analysis of JCT projections. taxnotes.com/tax-notes-today…
Wesley Elmore retweeted
A tax attorney has dropped his lawsuit against the #IRS for access to a paper purportedly detailing the agency’s more aggressive approach to auditing large partnerships, but neither side will confirm whether the paper was handed over. taxnotes.co/4bsBBM0
Wesley Elmore retweeted
IRS Commissioner Daniel Werfel has committed to working with the #cannabis industry to understand how the pending decision to reclassify marijuana would affect the industry’s tax obligations and to clear up any ambiguity. taxnotes.co/3y3yY4s
Wesley Elmore retweeted
A recent internal advice memorandum may show that the #IRS is increasing its attention to cash transaction information reporting by state-legal #marijuana businesses, according to tax professionals. taxnotes.co/3vnxcKq
Wesley Elmore retweeted
J. Russell George, who spent nearly two decades keeping tabs on the IRS as head of the Treasury Inspector General for Tax Administration, died earlier this week (via @jtcurry005)
taxnotes.com/tax-notes-today…
Wesley Elmore retweeted
And now it's been pulled out from behind the paywall!
Free-to-read link from @TaxNotes:
taxnotes.com/featured-news/n…
(1/9) My AP Guide to News Writing says the process of selecting which anecdotes to include in a feature story is "every writer's purgatory."
That's never been more true for me than this story:
taxnotes.com/tax-notes-today…
I signed up for the other site, but haven't had much luck finding tax people to follow. If you're over there, too, follow me at the below username, and I'll follow back! #taxtwitter
Wesley Elmore retweeted
As the Senate returns from recess today, the Capitol Hill reporters @TaxNotes have you covered on all things tax coming down the pipeline this fall. First, take a look at what's on the agenda in the coming weeks in this piece from @doug_sword & I: taxnotes.com/tax-notes-today…
Wesley Elmore retweeted
"How Many EITCs Were Lost When IRS Destroyed 30 Million 1099s?" - @ChandraSWallace @TaxNotes taxnotes.com/tax-notes-today…
Low income filers "faced automated correspondence exams... because the IRS said the Forms 1099 for their non-employee income were missing or 'not submitted.'"
Wesley Elmore retweeted
“When it comes to trusts, taxable income does not magically disappear — either the trust, the beneficiary, or the person setting up the trust is going to pay tax on it” - IRS Gives a Thumbs Down to TikTok-Promoted Trusts taxnotes.com/tax-notes-today… @justinmilleresq @TaxNotes – at Manhattan, NY
Wesley Elmore retweeted
House GOP appropriators making IRS cuts in the darndest places @TaxNotes #IRS taxnotes.com/featured-news/g…
Wesley Elmore retweeted
Sec. Yellen tests out the new paper processor developed for the IRS at 22nd Century Technologies.
Wesley Elmore retweeted
On July 30, 1973, Tax Analysts accused President Richard Nixon of playing fast and loose with the tax laws. Read more from @jthorndike: taxnotes.co/3KkPVLg
Wesley Elmore retweeted
Nice summary by @jtcurry005 of the stakes in Moore, the case that the Supreme Court will take up in the Fall, which involves whether the 16th Amendment authorizes Congress to tax unrealized sums. Could be devastating, or just damaging, to our Tax Code. taxnotes.com/featured-news/m…