Send us a text E. Martin Davidoff, the head of tax controversy at Prager Metis, discusses how the IRS and tax practitioners are handling tax changes and working from home as a result of the coronavirus pandemic with Tax Notes senior reporter Paul Jones. For additional coverage, read these articles in Tax Notes : Business of Tax: The Strangest Filing Season in Memory IRS Phone Lines May Reopen as Agency Adjusts to ‘New Reality’ IRS Opens the Floodgates on Tax Deadline Relief Law and Accounting Fi...
Apr 24, 2020•21 min
Send us a text Omri Marian, the academic director of the Graduate Tax Program at the University of California, Irvine, discusses his role in preparing the next generation of tax professionals and virtual teaching during the coronavirus pandemic with Tax Notes reporter Jonathan Curry. For additional coverage, read these articles in Tax Notes : Virtual Paper Chase — Law Schools Transition to Online Classes Business of Tax: AI Brings Uncertainty and Opportunity to Tax Practice Business of Tax: Inte...
Apr 17, 2020•15 min
Send us a text Mark Gasbarra, founder and national managing director of the firm Forte International Tax LLC, discusses how practitioners navigate the interconnected provisions of the Tax Cuts and Jobs Act with Tax Notes contributing editor Benjamin M. Willis. In an extended edition of Coming Attractions, Tax Notes Executive Editor for Commentary Jasper Smith chats with Jeffrey Wong, professor and department chair in the Department of Accounting at the University of Nevada, Reno, about his upcom...
Apr 10, 2020•22 min
Send us a text Nicole Kaeding, vice president of policy promotion and economist with the National Taxpayers Union Foundation, discusses the Coronavirus Aid, Relief, and Economic Security (CARES) Act. For additional coverage, read these articles in Tax Notes : CARES Act Means Crunch Time for IRS and Treasury CARES Act Retirement Relief Appears Optional Coronavirus Relief Act Fixes NOL Legislative Quirks CARES Act Has Negative ‘Knock-On' Effects for International Tax Business of Tax: Planners Shou...
Apr 03, 2020•24 min
Send us a text Martin Sullivan, the chief economist with Tax Analysts, says the U.S. is headed toward a recession unlike any other due to the economic fallout of the coronavirus pandemic and how to find relief. For additional coverage, read these articles in Tax Notes : Economic Analysis: Emergency Tax Deferrals to Massively Boost Cash Flow Economic Analysis: Rx for the Coronavirus Economy News Analysis: Who Gets Emergency Paid Leave? Revisions to House Bill Scale Back Employee Paid Leave Emerge...
Mar 27, 2020•13 min
Send us a text Beverly Winstead, director of the University of Maryland’s Low-Income Tax Clinic, shares how the coronavirus pandemic has affected her as a practitioner and professor with Tax Notes Executive Editor for Commentary Jasper Smith. For additional coverage, read these articles in Tax Notes : IRS Confirms: No April 15 Return Filing Extension Virtual Paper Chase — Law Schools Transition to Online Classes Still No Word From IRS on Virus-Affected Service Levels Tax Pros Skeptical of IRS Pa...
Mar 20, 2020•17 min
Send us a text Tax Notes Today reporter Aaron Davis discusses the recent state efforts to clamp down on tax-incentive bidding wars by forming a multistate compact. In the latest installment of Willis Weighs In, Tax Notes contributing editor Benjamin Willis discusses PLR 202009002 and its greater application. For additional coverage, read these articles in Tax Notes : States Push for Cooperation Over Competition Connecticut Looks to Join Interstate Incentives Compact Questions Raised by Multistat...
Mar 13, 2020•19 min
Send us a text Eric Hylton, the new head of the Small Business/Self-Employed Division at the IRS, discusses employment tax, recent high-income nonfiler visits, and data analytics. For additional coverage, read these articles in Tax Notes : IRS Expects to Hire 50 Percent More Collections Staff by Year’s End IRS Increases Effort to Fight Abusive Microcaptive Transactions IRS May Extend Microcap Settlement Offer to More Taxpayers IRS Looking for Promoter Links as Easement Crackdown Grows Enforcemen...
Mar 06, 2020•28 min
Send us a text Yue “Daisy” Dai, a professor at the Shanghai University of Finance and Economics, describes life in China during the coronavirus outbreak. She also discusses the tax policy measures the country is using to combat the pathogen. Read her piece published in Tax Notes . For additional coverage, read these articles in Tax Notes : Hong Kong Proposes Waivers for Personal and Business Taxes Italy Delays Tax Payments for Area Under Coronavirus Quarantine China Announces Tax Measures in Res...
Feb 28, 2020•21 min
Send us a text Damien Martin, CPA and host of the Simply Tax Podcast talks about the 2020 tax filing season. For additional coverage, read these articles in Tax Notes : IRS Refund Fraud Progress May Be Undermined by Database Thefts TIGTA Spotlights IRS 2019 Filing Season Shortcomings, Successes Preparers Cautiously Optimistic for Normal 2020 Filing Season Once More Unto the Breach: 199A Filing Season Round 2 It’s Dealer’s Choice With 163(j) for Filing Season Filing Season Opens January 27; IRS R...
Feb 21, 2020•19 min
Send us a text Jason Furman, a professor at Harvard University and former chair of the Council of Economic Advisers, discusses the arguments used to back a wealth tax and suggests alternatives to reduce the wealth inequality gap in the U.S. with Tax Notes contributing editor Joseph J. Thorndike. In the latest installment of Willis Weighs In , Benjamin Willis continues his vote-to-value disparity discussion by explaining how the value of vote can affect the value of other stock rights and classes...
Feb 14, 2020•23 min
Send us a text In honor of Tax Notes Talk’s 100th episode, we went back to the roots of what Tax Notes stands for: transparency. Tax Notes senior reporter Lauren Loricchio discussed her efforts to obtain the bid Indianapolis submitted to Amazon for HQ2 and Tax Analysts legal counsel Con Hitchcock shares the ensuing legal battle. For additional coverage, read these articles in Tax Notes : Localities Dodging Open Records Laws to Avoid Disclosure of Amazon HQ2 Proposals Gary, Indiana Offered More T...
Feb 07, 2020•18 min
Send us a text Tony Nitti, a tax partner at RubinBrown LLP, discusses the final rules on Opportunity Zones and his observations of the program in action with Tax Notes senior legal reporter Stephanie Cumings. For additional coverage, read these articles in Tax Notes : Confusion Looms About Which Set of O-Zone Regs to Apply Collateral Problems Could Arise From O-Zone Transition Rule O-Zone Regs Include Curveball on Improvements to Property O-Zone Investment Numbers Could Be Vast Underestimate O-Z...
Jan 31, 2020•31 min
Send us a text In part 2 of her interview with Tax Notes senior reporter William Hoffman, former National Taxpayer Advocate Nina Olson discusses her ongoing fight for taxpayer rights and the upcoming fifth International Conference on Taxpayer Rights in South Africa. For additional coverage, read these articles in Tax Notes : IRS Free Tax Return Preparation Remains Out of Reach Preparers See Benefits of Form 1040-SR, but Maybe Not for Them Politically Active Exempts May Have Escaped IRS Penalties...
Jan 29, 2020•29 min
Send us a text Nina Olson, who retired as the National Taxpayer Advocate six months ago, talks about her new nonprofit and the need for Treasury to soon name her permanent successor. This is part 1 of her interview with Tax Notes senior reporter William Hoffman. For additional coverage, read these articles in Tax Notes : IRS Free Tax Return Preparation Remains Out of Reach Taxpayer Advocate Stresses Link Between IRS Enforcement, Service A Look Ahead: Focus on Low-Income, ESL Taxpayers in IRS Ove...
Jan 24, 2020•24 min
Send us a text Tax Notes contributing editor Robert Goulder discusses the decades-old North American Free Trade Agreement (NAFTA), the new U.S.-Mexico-Canada Agreement (USMCA), and what these agreements mean for the future of tariffs and trade in North America. Read Goulder's viewpoint on the subject: Hello, USMCA, Haven't We Met Before? For additional coverage, read these articles in Tax Notes : USMCA Wins Overwhelming Approval in U.S. Senate U.S. Congress Looks to Roll Back Executive Tariff Au...
Jan 17, 2020•25 min
Send us a text Reuven Avi-Yonah, a professor at the University of Michigan Law School, reviews the arguments raised in Altera v. Commissioner and predicts where the case might go with Tax Notes legal reporter Ryan Finley. For additional coverage, read these articles in Tax Notes : A Look Ahead: High-Stakes Transfer Pricing Disputes to Continue in 2020 IRS Will Continue Altera Fight in Other Circuits if Needed Ninth Circuit Rejects En Banc Review of Altera Ninth Circuit’s Altera Decision Didn't C...
Jan 10, 2020•14 min
Send us a text Tax Notes' s Jeremy Scott, Stephanie Cumings, and Andrew Velarde review what happened with tax legislation and guidance in 2019 and what lies ahead in 2020. For additional coverage, read these articles in Tax Notes : Conservatives Worry TCJA Could Be Death Blow to Future Tax Cuts Senate Sends $426B in Tax Cuts to Trump's Desk A Look Ahead: Democrats to Stand Behind Wealth Taxes in 2020 A Look Ahead: Eyes Still on TCJA International Guidance A Look Ahead: Parking Regs Should Addres...
Jan 03, 2020•24 min
Send us a text Tax Notes reporters recount some of the quirkiest tax stories they encountered in 2019. For additional coverage, read these articles in Tax Notes : Did World’s Oldest Woman Evade Both Death and Taxes? Horse Business Deductions Can’t Survive Dead Horse Arizona Governor Pulls Tax Breaks for Nike Over Canceled Shoe Line Executors Reap Millions in Fees on Tax Cheat Helmsley’s Estate...
Dec 27, 2019•17 min
Send us a text Tax Notes reporters Stephanie Johnston and Ryan Finley provide an update on the OECD’s work to find a multilateral solution on the taxation of the digital economy. For additional coverage, read these articles in Tax Notes : U.S. Calls for Broader Scope, Narrower Nexus for Global Tax Deal EU Parliament Calls for One Voice in OECD Global Tax Talks OECD Aims to Publish Global Tax Reform Analysis in Early 2020 Countries Fear Opportunity Cost of U.S. ‘Safe Harbor’ Proposal The U.S. 'Sa...
Dec 20, 2019•18 min
Send us a text Tax Notes chief correspondent Amanda Athanasiou discusses with Eversheds Sutherland partner Kriss Rizzolo the dearth of women in senior roles in tax law. Rizzolo describes her own experience climbing the ladder and how to support other women who are doing the same. For additional coverage, read Athanasiou's article in Tax Notes: Why Women Are Still Leaving Tax, and What to Do About It In Willis Weighs In, Tax Notes contributing editor Ben Willis answers carried interest questions ...
Dec 13, 2019•21 min
Send us a text Joe Myszka, a partner at DLA Piper, discussed the proposed rules on cloud computing transactions with Tax Notes legal reporter Kristen Parillo. For additional coverage, read these articles in Tax Notes : Treasury Wants Input on Need for Cloud Transaction Sourcing Rule Practitioners Throw Shade at Cloud Regs' Digital Content Rule CPA Questions Scope of Cloud Computing Regs Treasury’s Proposal on Digital Content Sales May Cause Problems Proposed Regs Classify Cloud Computing Transac...
Dec 06, 2019•18 min
Send us a text Fasten your safety belts. Jeremy Cape of Squire Patton Boggs explains the U.K.’s Air Passenger Duty (APD) and one group’s proposal to impose a frequent flyer levy. For additional coverage, read these articles in Tax Notes : Come Fly With Me, But Not Too Frequently German Airline Tax Prepared for Takeoff 9 European Countries Unite in Push for EU Aviation Tax Brazilian Government to End $18 Fee on International Flights Trade Group Advises Switzerland to Forgo Aviation Carbon Tax In ...
Nov 27, 2019•21 min
Send us a text Scott Peterson — South Dakota’s former sales tax director and the Streamlined Sales Tax Governing Board’s first chief — discusses post- Wayfair issues, the current controversy in Kansas, and the gig economy with Tax Notes chief correspondent Amy Hamilton. For additional coverage, read these article in Tax Notes : ACMA Compiling Remote-Seller Testimony to Spur Federal Legislation AICPA Paper Will Focus on Small Marketplace Seller Income Taxes Kansas Revenue Secretary: AG's Wayfair ...
Nov 22, 2019•33 min
Send us a text Gabriel Zucman, an economics professor at the University of California, Berkeley, discusses wealth and inequality in America with Tax Notes contributing editor Nana Ama Sarfo. He co-authored the book The Triumph of Injustice: How the Rich Dodge Taxes and How to Make Them Pay with Emmanuel Saez. For additional coverage, read these articles and opinion pieces in Tax Notes : A Better Alternative to Wealth Taxes The Zucman Mandate: Life Without VAT Tax History: Saez and Zucman Exagger...
Nov 19, 2019•23 min
Send us a text Tax Notes reporter Ryan Finely summarizes the OECD’s pillar 2 consultation draft and BDO’s Monika Loving provides her take on the proposal. For additional coverage on pillar 2, read these article in Tax Notes : BEPS 2.0 Work Must Remove Unilateral Taxes, Tech Firms Tell OECD EU Divided Over GLOBE Minimum Tax OECD Calls for Design Advice on GLOBE Minimum Tax Proposal OECD’s Minimum Tax Work Has a Long Way to Go, Experts Say Agreement on BEPS 2.0 Expected in June 2020, OECD Tax Chie...
Nov 15, 2019•24 min
Send us a text Martin Hearson, the international tax program lead at the International Center for Tax and Development, discusses how the OECD’s work on taxation of the digital economy affects developing countries. Listen to our previous episode for a primer on Pillar 1 and the business perspective from EY’s Barbara Angus. *** This episode is sponsored by University of California, Irvine Law School’s Graduate Tax Program. For more information, visit law.uci.edu/gradtax ....
Nov 08, 2019•20 min
Send us a text Former Tax Notes reporter Asha Glover interviews Jay Soled, a professor at Rutgers Business School, about his proposal for a value tax on publicly traded U.S. corporations. Soled co-authored the proposal in Tax Notes with Rutgers Business School Professor Dan Palmon....
Nov 06, 2019•16 min
Send us a text Joseph Thorndike, director of the Tax History Project, explains the history of estate and inheritance taxes and how they became so unpopular. For additional coverage, read these article in Tax Notes : Tax History: The Century of the Estate Tax: Made for Revenue, Not Redistribution Tax History: The Not-So-Puzzling Unpopularity of the Estate Tax Tax History: When Estates Were (Almost) Taxed as Income...
Oct 31, 2019•20 min
Send us a text Barbara Angus, global tax policy leader at EY, shares her thoughts on the OECD’s Pillar 1 consultation draft after Tax Notes chief correspondent Stephanie Johnston provides an update on its proposed profit allocation and nexus rules. For additional coverage, read these article in Tax Notes : G-20 Ministers Call for Agreement on BEPS 2.0 Outline in January Agreement on BEPS 2.0 Expected in June 2020, OECD Tax Chief Says African Tax Officials Back OECD's Latest BEPS 2.0 Push OECD Pr...
Oct 25, 2019•23 min
