21st Century Taxation

This blog by a tax professor is about tax policy and reform and moving tax systems into the 21st century. It focuses on tax system weaknesses, critiques reform proposals (pointing out where they do and do not follow principles of good tax policy and do and do not reflect how we live and do business today), and offers new ideas. Additional information - articles, reports and links, can be found at the 21st Century Taxation website (see link below right). I welcome your comments.

Sunday, April 5, 2026

Time to Increase the Annual Gift Exclusion Amount?

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IRC Section 2503(b) provides an exclusion from gift tax of any gift (other than a gift of a future interest in property) for the first $10,0...
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Monday, March 30, 2026

Dept. of Labor FLSA Ruling and New Overtime Deduction

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The OBBBA added IRC §225 allowing a deduction of up to $12,500 ($25,000 if MFJ) for qualified overtime compensation. This pay is defined as ...
Thursday, March 26, 2026

Time Running Out To Claim Refunds Owed for 2022 - WHY?

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Every year in mid-March, the IRS issues a news release about time running out to claim refunds owed to people for four year earlier where th...
Monday, March 9, 2026

Tax Scams Continue to Grow; IRS Simplifies Reporting of Scams

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https://www.irs.gov/pub/irs-pdf/p6138.pdf In February, the IRS announced a new online reporting tool for suspected tax fraud, scams, and ill...
Wednesday, March 4, 2026

Minnesota Examines Tax Expenditures

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Tax expenditures are special rules in a tax system that are not part of a "normal" tax. For example, special deductions, exclusion...
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About Me

Professor Nellen
I am a tax professor and Director of the MS Taxation Program at San Jose State University. I teach courses on tax research, tax accounting methods, taxation of property transactions, advanced individual tax, employment tax, ethics, and tax policy. I am active in the tax sections of the AICPA, ABA and CA Lawyers Association (CLA). I currently serve as chair of the AICPA Digital Asset Tax Task Force, and serve on the AICPA Disaster Relief Task Force, following serving almost seven years on the AICPA Tax Executive Committee including as chair for 2 1/2 years. I am a past chair of the AICPA Individual Taxation Technical Resource Panel and current chair of the ABA Tax Section's Tax Policy & Simplification Committee. I am a regular contributor to State Tax Notes (Moving Forward? column) and co-author/co-editor of four tax textbooks (Cengage/SWFT). I welcome your comments to my blog posts.
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