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Send us a text Jessica Millett of Hogan Lovells discusses the proposed changes to the Opportunity Zone program under the House version of the One Big Beautiful Bill Act and how the Senate might react. For more on the One Big Beautiful Bill Act, check out our previous episodes: One Big Beautiful Bill: Breaking Down the House Tax PackageThe House Budget Bill’s Clean Energy Tax Credit Changes For more coverage, read the following in Tax Notes: Several Tax Issues Remain Unresolved for Senate Repu...
Send us a text Former IRS Commissioners Lawrence Gibbs, John Koskinen, Charles Rettig, and Daniel Werfel share lessons learned from their tenures and predictions for the agency's future under the new administration. For the full discussion, check out our Taxing Issues episode, "Reimagining the IRS: A Historic Conversation." For more coverage, read the following in Tax Notes: IRS Clawback Fight Moves to Reconciliation, AppropriationsSenate Panel Advances IRS Nominee; Final-Vote Timeline ...
Send us a text Tax Notes Capitol Hill reporters Cady Stanton and Katie Lobosco discuss the final version of the House’s reconciliation bill and what’s next as the legislation heads to the Senate. Listen to our previous episode on the bill's clean energy credit changes, "The House Budget Bill’s Clean Energy Tax Credit Changes." For more coverage, read the following in Tax Notes: Senate Must Make Tricky Process Decision for Tax Bill ChangesHouse Adds Tweak to Partnership Disguised Sale StatuteS...
Send us a text Jenny Speck with Vinson & Elkins discusses the clean energy tax credits in the House’s One Big Beautiful Bill Act, including last-minute changes to the House Rules Committee’s version. For more coverage, read the following in Tax Notes: House Advances $3.8 Trillion Tax Bill; Faces Rewrite in SenateDemocratic Dads Say Tax Bill Would Pass Debt Burden to KidsClean Energy Industry Seeks Edits to Tax BillAnalysis: The Future of IRA Credit Transfers: Predictions From the Fi...
Send us a text Four policy experts discuss the Trump administration’s actions on tariffs, their economic impacts, and their effects on tax policy during a live recording from the American Bar Association Section of Taxation May meeting. For more coverage, read the following in Tax Notes: Tax Experts: Two Thumbs Down for Federal Film Credits, TariffsU.S. and China Reach Trade Agreement, Roll Back TariffsTariffs Scrapped on Steel and Aluminum in U.K.-U.S. Trade DealTariffs, Economic Change Add ...
Send us a text Tax Notes chief correspondent Stephanie Soong discusses how the Trump administration’s tax priorities have been shaping negotiations on the OECD’s two-pillar project. Listen to our previous episodes on the two pillars here: Former U.S. OECD Negotiator Talks Trump's Global Tax ImpactMaking Progress: Updates on the OECD Tax Reform PlanAn Update on Pillar 1 Amount BPillar 1 Amount B: Disagreements and Divides For more coverage, read the following in Tax Notes: EU Tax Observa...
Send us a text Professors Joshua Blank and Leigh Osofsky, authors of Automated Agencies: The Transformation of Government Guidance, discuss the IRS and other federal agencies’ use of artificial intelligence and chatbots in providing legal guidance to the public. For more coverage, read the following in Tax Notes: State Tax Administrators Are Studying the Use of Generative AIIRS to Pause Technology Modernization WorkATO Urged to Integrate Ethical, Legal Safeguards Into AI ModelsIRS Arti...
Send us a text Tax Notes Capitol Hill reporters Cady Stanton and Katie Lobosco outline Congress’s progress on drafting the tax-focused reconciliation bill and the obstacles still remaining. For more coverage, read the following in Tax Notes: The Semi-Calm Before the Storm of Assembling a Giant Tax BillThose Troublesome Budget Instructions: They Might Not MatterHouse Looks to Assert ‘First Mover’ Status on Tax BillSenate Taxwriters Discussing Hike in Top Tax Rate, Grassley SaysHow House Budget...
Send us a text Tax Notes chief correspondent Amanda Athanasiou discusses her recent investigation into the IRS's handling of Freedom of Information Act requests and trends from two decades of agency data. For more, check out the Tax Notes coverage of the IRS FOIA system: IRS FOIA Backlog Expected to GrowFOIA Appeals Fail So Often, Taxpayers See a Broken SystemThe IRS Is Getting Fewer FOIAs. Why Aren’t Response Times Improving? Follow us on X: Amanda Athanasiou: @akathanasiouDavid Stewart: @Ta...
Send us a text Mat Mermigousis of BDO discusses the Trump administration’s ever-changing tariff policies and what they may mean for U.S. businesses. For more coverage, read the following in Tax Notes: Trump Pauses Tariff IncreasesEU Poised to Impose 25 Percent Retaliatory Tariffs on U.S. GoodsChina Announces Reciprocal Tariffs on U.S. ImportsTrump’s Tariffs Generate Tons of Criticism as Uncertainty Abounds Follow us on X: Michael Smith: @TaxesMichaelDavid Stewart: @TaxStewTax Notes: @Ta...
Send us a text Professor Andrew Kahrl, author of The Black Tax: 150 Years of Theft, Exploitation, and Dispossession in America, discusses his argument that local property taxes have contributed to the disenfranchisement of Black homeowners. Read Thorndike's book review in Tax Notes, "Is the ‘Predatory’ Property Tax an Instrument of Oppression?" Listen to more Tax Notes Talk episodes from our critical tax theory series: Addressing Tax Policy Challenges for Workers With Disabilitie...
Send us a text Kimie Eacobacci of the National Council on Disability details how a 60-year-old revenue ruling can exclude workers with disabilities from standard employment benefits and protections. Listen to more Tax Notes Talk episodes from our critical tax theory series: The Inadvertent Price of a Gender-Neutral Tax CodeRace-Based Poll Taxes and 20th-Century DiscriminationExamining Treasury’s Review of Racial Bias in the U.S. Tax CodeState Tax Authority and Native Americans: Complex ...
Send us a text Tax Notes IRS reporter Benjamin Valdez provides an update on the IRS’s recent staffing developments and how they may affect filing season. Check out our most recent episode on the IRS, "Trump's Hiring Freeze and the IRS." For more coverage, read the following in Tax Notes: IRS Rollout of In-Person Work Faces ObstaclesTreasury, IRS Still Finalizing Next Staff Reductions, Krause SaysIRS to Pause Technology Modernization WorkTrump Replaces Acting IRS Chief CounselOusted IRS...
Send us a text Melissa Wiley of Kostelanetz LLP provides an update on the Corporate Transparency Act’s legal status after Treasury announced it would not enforce penalties against domestic companies. Listen to our previous episodes on the CTA: The Corporate Transparency Act: Recent Challenges and ConfusionNavigating the Corporate Transparency Act For more coverage, read the following in Tax Notes: Corporate Transparency Act Found to Violate Fourth AmendmentTreasury Announces Shift in CT...
Send us a text In the third of a three-part series, Damien Martin and Tony Nitti of EY discuss their top tax cases from 2024, focusing on two C corp cases: Ju et al v. United States and Stead v. Commissioner. Watch the first two parts of the series: Top Tax Cases of 2024, Part 1: PartnershipsTop Tax Cases of 2024, Part 2: S Corporations Follow us on X: David Stewart: @TaxStewTax Notes: @TaxNotes ** This episode is sponsored by the University of California Irvine School of Law Grad...
Send us a text In the second of a three-part series, Damien Martin and Tony Nitti of EY discuss their top tax cases from 2024, focusing on two S corp cases: Maggard v. Commissioner and Estate of Thomas Fry et al v. Commissioner. Watch the first part of the series, "Top Tax Cases of 2024, Part 1: Partnerships." For more coverage, read the following in Tax Notes: Tax Court Rejects Engineer’s S Corp Dissolution DefenseABA Pushes for More Guidance on S Corp Reorganizations Follow us on X: D...
Send us a text In the first of a three-part series, Damien Martin and Tony Nitti of EY discuss their top tax cases from 2024, focusing on two partnership cases: Denham Capital Management LP v. Commissioner and Surk LLC v. Commissioner. For more coverage, read the following in Tax Notes: DOJ Touts Tax Court Win on Limited Partner ExceptionTax Pros Weigh Impact of Ruling on IRS Basis Calculation Method Follow us on X: David Stewart: @TaxStewTax Notes: @TaxNotes ** This episode is sponsore...
Send us a text Tax Notes contributing editor and historian Joseph J. Thorndike discusses President Trump’s referral to “the forgotten man” and how the phrase connects to a conservative case for taxing the rich. Read Thorndike's article in Tax Notes, "The Too-Well-Remembered Man: A Conservative Case for Taxing the Rich." For more coverage, read the following in Tax Notes: Bye-Bye Round Numbers, Hello Rate Tweaks for Rescored TCJA BillMovement on Trump Tax Proposals Is Reconciliation Wild...
Send us a text Robert Kerr, formerly with the IRS and now with Kerr Consulting, discusses the recent federal hiring freeze and buyout offer and speculates how they may affect the IRS. Listen to our previous episode on how Trump's executive orders relate to international tax, "Former U.S. OECD Negotiator Talks Trump's Global Tax Impact." For more coverage, read the following in Tax Notes: IRS Claims Filing Season Staff Are Exempt From BuyoutFiscal 2026 Budget Cycle Could Be Critical for IRS Fu...
Send us a text Scott Levine, former Treasury deputy assistant secretary for international tax affairs, discusses President Trump’s executive order on the OECD’s global tax deal and its potential impact on the two-pillar project. Listen to our previous episodes on the two pillars here: Making Progress: Updates on the OECD Tax Reform PlanAn Update on Pillar 1 Amount BPillar 1 Amount B: Disagreements and DividesManal Corwin Takes the Helm: Updates on the OECD Tax Reform Plan For more cove...
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