Tax Coda
Tax Coda, Adam ParrClear, independent coverage of the rulings, guidance, and shifts shaping U.S. tax. Weekday updates plus a Sunday digest.
| Platform |  | Pricing | Only free issues | Publishes | Daily |
|---|---|---|---|---|---|
| Issues | 190 | Subscribers | Read | taxcoda.com |
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Latest Issues
Recent posts by this newsletter. Browse the email archive.
The law restored EBITDA. The deduction still shrank.
Interest deductions depend on how income is defined. If the definition changes, the deduction changes too.
Tesla paid $28 million in federal income tax on $4.77 billion of domestic income
In 2025, Tesla paid $1.23 billion in worldwide cash income taxes. The filing identified China, California, other states, and other countries, but did not specify which countries were included in the 'other countries' category.
Court denies deductions after taxpayer fails substantiation and upholds penalty
If you do not keep good records, you can lose your deductions, and a 20% accuracy penalty often comes next.
Court vacates Tax Court ruling on loyalty program income in Hyatt case
If legal restrictions or repayment obligations limit control, funds in a centralized loyalty program are not automatically considered income for the operator.
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Authors
The writers behind this newsletter.
Exploring the hidden mechanics of being subliminally taxed.
Distilling Tax Court chaos into compliance-ready news. Professional reader. Relentless doomscroller. Chocolate dependent.
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