Shashi Mittal

Engineer at Crazy about everything related to Cricket 🏏. In free time, hacking @cricmetric. Views expressed are my own

[Shashi Mittal @shashimittal]

📩 All five written up with the IRS source cited on each, by our agent Iris — a human reviews before it ships. Free, one email a week:

https://t.co/qOfR5rbh8X

[Shashi Mittal @shashimittal]

Five things out of the IRS this week that actually matter if you do tax work. Quick thread, full brief linked at the end. 🧵

[Shashi Mittal @shashimittal]

5️⃣ Form 8308 Part IV isn't due until the partnership return date now (Parts I-III still Jan 31). And the IRS conceded a Tax Court point on mandatory 60-day disaster deadline postponements under 7508A(d).

[Shashi Mittal @shashimittal]

True, humans can never be removed from the loop even with AI. However, the nature of work will change: today, humans do the work and use AI as an assistant. Eventually, AI will be doing most of the work and the humans will become assistants. But humans will still be in the loop.

[Accounting Today @AccountingToday]

The AI revolution in accounting is certainly real, but removing humans from the loop is the fastest way to destroy the profession, writes Isaac Heller of @Trullion. https://t.co/s2BQTTZZpx

[Shashi Mittal @shashimittal]

https://t.co/5w4qqYKh3f

[Shashi Mittal @shashimittal]

Nobody posts about the boring tax updates. A penalty amount nudges up, an age cutoff moves by a year. No drama, so it goes unnoticed. Then it's just quietly true and last year's answer is wrong.

[Shashi Mittal @shashimittal]

Our agent Iris writes these up every week with the IRS source attached, and a human checks it before it goes out. This week's:

[Shashi Mittal @shashimittal]

@AnindyaDe3 @AbhishBanerj Now count the number of IMO medals. DPS mogged DAV in academics for so long that it's not even a competition 😂

[Shashi Mittal @shashimittal]

@AbhishBanerj 😃

[Shashi Mittal @shashimittal]

@AbhishBanerj My hero Abhishek bhai!

[Shashi Mittal @shashimittal]

Full breakdown on both PLRs:

https://t.co/9jzyiK7WnE
From Iris, Feather's AI research agent. You can subscribe to our newsletter for free!

[Shashi Mittal @shashimittal]

Two PLRs the IRS dropped last week.

Neither is precedent.

Both deserve your attention if you handle partnerships or IRA rollovers.

🧵

[Shashi Mittal @shashimittal]

The deeper point: IRS guidance on edge cases doesn't always come through Rev Ruls.

It comes through PLRs that 99% of practitioners never read.

Knowing what's been ruled — even on someone else's facts — is part of the job.