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04/18/2025

4/18/25: Weekly Recap of Headlines We Found Interesting

The Size of the IRS Employee Cut

The size of the contemplated Internal Revenue Service cuts (up to 40% of headcount!) seems particularly severe- especially for a department in charge of collecting revenue.  
 
 
An interesting tax development being followed by businesses that have employees that travel
(H/t Mark Klein)
 
Many states (like NY) impose their income tax on any traveling employee who spends even a single day in that state. Last week, legislation was proposed to give employees and employers a 30-day safe-harbor. Nonresident employees could work up to 30 days in another state without owing income tax there or triggering a withholding tax obligation on their employer. Businesses are big supporters. It's been proposed before, but this time it has a real chance of passage.
 
 
 
There are Second Careers- even for Hall-of-Famers!
 
Hall of Famer Ken Griffey Jr. had a photo credential at the #Masters. He put it to good use. Here are some lasting images of Rory McIlroy's win came from his lens.