Mark Friedlich

Tax and Audit Guru, Proud Dad & GF; CPA; Lawyer, Frequent Speaker; Prolific Writer; Gym Rat.

[Accounting Today @AccountingToday]

AI is a powerful tool for tax professionals, but not a substitute for good judgment. The IRS is smaller, more automated and less forgiving than it was two years ago. Mark Friedlich @mfriedlich and Sterling Cunningham explain why it's important to exercise due diligence. https://t.co/RcrgOr6RKC #tax #AI

[Mark Friedlich @mfriedlich]

Read my latest on the increasing importance of sales and use taxes (SUT) for small businesses as states and localities increasingly rely on SUTs for funding.

[Accounting Today @AccountingToday]

Sales and use tax once sat at the back of the small business tax conversation. It now has taken a seat in the front row. Mark Friedlich @mfriedlich explains why. https://t.co/AYRN69v5c6 #tax #SmallBusiness

[Accounting Today @AccountingToday]

For the roughly 300,000 retirement-age Americans relocating to the Sun Belt each year, the savings they are counting on may not exist, writes Mark Friedlich @mfriedlich. That is a client conversation for us to have before they sign the moving contract. https://t.co/UXWZJJ06jo #tax

[Accounting Today @AccountingToday]

The IRS announced a streamlined process for Employee Retention Credit claimants to extend the two-year deadline to file a refund suit after a claim disallowance, writes Mark Friedlich @mfriedlich. The eligibility window is six months or less remaining on the two-year clock. The announcement is short. The implications for practitioners are not. https://t.co/UL8gbZzzeQ #tax #IRS

[Accounting Today @AccountingToday]

Until now, cannabis businesses operating under state law generally could not deduct basic expenses such as rent, payroll or marketing, writes Mark Friedlich @mfriedlich. They could recover the cost of goods sold, but little else, which often drove effective tax rates to punishing levels. The DOJ's new order may change that, https://t.co/4e0UIl60NN #cannabis #marijuana #tax

[Mark Friedlich @mfriedlich]

Check out my latest article: The IRS Just Rewrote the First 30 Minutes of Every Tax Debt Call https://t.co/USTLF270Ox via @LinkedIn

[Accounting Today @AccountingToday]

We are in the relative early stages of a shift that many tax practitioners still underestimate, writes Mark Friedlich @mfriedlich. AI is already embedded in the systems we use, the data we analyze, and the expectations our clients now bring to the table. But there's a disconnect. https://t.co/IHDP9gNgSg #tax #AI

[Accounting Today @AccountingToday]

Tax season is the natural trigger for an estate planning conversation, and the logic is simple, Mark Friedlich @mfriedlich writes. The documents your clients are already gathering for their returns are the same documents an estate planning attorney needs to build or update a comprehensive plan. https://t.co/2bLC6HsyC2 #tax #estateplanning

[Accounting Today @AccountingToday]

The ERC trap: We are deep in the messy stages of the Employee Retention Credit, writes Mark Friedlich @mfriedlich. If you represent clients who claimed the ERC, you are frustrated. The IRS stops processing without warning. The agency says they are done. The reality on the ground says otherwise. https://t.co/BsQpWoWU8p

[Accounting Today @AccountingToday]

The ERC trap: We are deep in the messy stages of the Employee Retention Credit, writes Mark Friedlich @mfriedlich. If you represent clients who claimed the ERC, you are frustrated. The IRS stops processing without warning. The agency says they are done. The reality on the ground says otherwise. https://t.co/BsQpWoWU8p

[Accounting Today @AccountingToday]

The IRS has finally addressed the reporting threshold confusion that has plagued tax practitioners since 2021, writes Mark Friedlich @mfriedlich. The Treasury and the IRS issued proposed regulations last month to align backup withholding rules with the OBBBA's restoration of the original $20,000 and 200-transaction threshold. https://t.co/naw8qYyCYp #tax #IRS

[Mark Friedlich @mfriedlich]

After four years of delays and reversals, the 1099-K threshold is back where it started.

Read my article in today's @AccountingToday

https://t.co/tafODfDKjz

[Accounting Today @AccountingToday]

After extensive cuts in IRS staffing, will the 2026 tax season be seamless or turn into a doomsday? Former IRS Commissioners Charles Rettig and Danny Werfel share an optimistic view of the agency's ability to pull off a successful tax filing season with tax expert Mark Friedlich @mfriedlich. https://t.co/LxvuN926hw #tax #IRS

[Mark Friedlich @mfriedlich]

Can the IRS Pull Off The 2026 Tax Season?

Former IRS Commissioners Rettig and Werfel weigh in.

Read my article @AccountingToday for the details.

https://t.co/99Kwop1IR9

[Joe Kristan @joebwan]

High WPM links:
@benmvaldez @TaxNotes
@TaxPolicyCenter
@AshaSGlover @Law360
@Zachary_Cohen @tax
@LauraEWeiss16 @AndrewDesiderio @PunchbowlNews
@YourVoiceAtIRS
@AlexParkerDC
@mfriedlich @AccountingToday
@taxtweet
@russcfox
@adamnmichel

And more!
https://t.co/Pxqz1e9bIP

[Mark Friedlich @mfriedlich]

The IRS Announces The 2026 Tax Season Will Open January 26,2026!

[Accounting Today @AccountingToday]

Tax work has always required patience, judgment and a steady hand. What is different today is the speed of change and the pressure that comes with it. Here are some of the challenges that tax professionals will face in 2026, from Mark Friedlich @mfriedlich. https://t.co/UUqRMrC6qf #tax

[Mark Friedlich @mfriedlich]

Tax pros face unique challenges in the coming year. Read my latest article in @AccountingToday for insight and guidance.

https://t.co/ZpLY4Xc55H

[Mark Friedlich @mfriedlich]

I break it all down here. Practical and legal implications and what is next following the Court's decision.

[Accounting Today @AccountingToday]

The Supreme Court heard oral arguments this month in a case that will determine whether presidents may use emergency powers to levy broad tariffs. The issues concern the constitutional division of taxing power, the potential role of Congress in determining trade rules, and the immediate costs to businesses and households, writes Mark Friedlich @mfriedlich. https://t.co/g88F6UYQrG #tariffs #SCOTUS

[WK TAA US @WKTAAUS]

Will September 30th be the last day for tax pros / taxpayers to receive a paper check refund from the IRS? With Executive Order 14247 set to take effect in less than 40 days, @mfriedlich breaks down recent developments for tax preparers to consider since his initial June article. https://t.co/ataZPjmsoN