Send us a text Professor Jeremy Bearer-Friend of the George Washington University Law School discusses poll taxes in the 20th century and how they were used to target taxpayers based on race and ethnicity. For more, read Bearer-Friend's article, " Race-Based Tax Weapons ." Listen to more Tax Notes Talk episodes from our critical tax theory series: Examining Treasury’s Review of Racial Bias in the U.S. Tax Code Is IRS Tax Enforcement Colorblind? State Tax Authority and Native Americans: Complex a...
Oct 06, 2023•38 min
Send us a text Robert Kerr, formerly with the IRS and now with Kerr Consulting, discusses latest developments from the IRS, including the tax agency’s plans for a government shutdown and its handling of the employee retention credit. For additional coverage, read these articles in Tax Notes: Looming Shutdown Threatens to Derail IRS’s Progress IRS Isn’t Shutdown-Proof After All IRS to Scale Back EITC Audits, Citing Racial Disparities NTEU: IRS’s Push to Hire 3,700 Auditors Is Doable but Difficult...
Sep 29, 2023•32 min
Send us a text Garrett Brodeur, a tax attorney based in Washington, D.C., discusses the recently released proposed regulations for the cryptocurrency industry and their potential effect on digital asset transactions. For additional coverage, read these articles in Tax Notes: Tax Pros Wary of Overly Inclusive Crypto Reporting Regs Decentralized Exchanges Considered Brokers Under Proposed Regs Proposed Regs Provide Guidance on Digital Asset Sales and Exchanges Follow us on Twitter: David Stewart: ...
Sep 22, 2023•23 min
Send us a text Tax Notes reporter Andrew Velarde discusses the latest developments on the final regulations for claiming foreign tax credits, including the IRS’s decision to delay implementation and the tax community’s response. For more on the foreign tax credits, listen to " The Final Foreign Tax Credit Rules: Complaints and Confusion ." For additional coverage, read these articles in Tax Notes: IRS Says It Anticipates Extending FTC Relief Notice Another Year Treasury to Publish FTC Guidance o...
Sep 15, 2023•18 min
Send us a text Professor Clint Wallace of the University of South Carolina School of Law discusses his argument for using tax policy to reinforce democracy. For more, read Wallace's article, " A Democratic Perspective on Tax Law ." Follow us on Twitter: David Stewart: @TaxStew Tax Notes: @TaxNotes ** This episode is sponsored by Practising Law Institute. For more information, visit pli.edu/taxstrategies23 . *** Credits Host: David D. Stewart Executive Producers: Jasper B. Smith, Paige Jones Show...
Sep 08, 2023•37 min
Send us a text Tax Notes Capitol Hill reporters Cady Stanton and Doug Sword preview what to expect from Congress in tax policy this fall, from a potential end-of-year tax package to IRS funding. For additional coverage, read these articles in Tax Notes: GOP Taxwriters to Air Grievances to OECD Leaders in Europe Once Upon a Time: Bipartisan Senate Group OK’d $40B for IRS State SALT Workarounds Cost Feds at Least $10 Billion Annually Democrats Drew Line in Sand for IRA Provisions but Left IRS Out ...
Sep 01, 2023•21 min
Send us a text John McGowan of HubSync discusses artificial intelligence and its role in the tax field. For additional coverage, read these articles in Tax Notes: AI in the DOR: State Tax Departments Ponder Use of Artificial Intelligence IRS Working to Deploy AI Algorithms and Models AI Programs Not Reliable Enough Yet for Tax Work, Attorney Says Follow us on Twitter: David Stewart: @TaxStew Tax Notes: @TaxNotes *** Credits Host: David D. Stewart Executive Producers: Jasper B. Smith, Paige Jones...
Aug 25, 2023•23 min
Send us a text Tax Notes contributing editor Ryan Finley provides an overview of amount B from pillar 1 of the OECD’s two-pillar corporate tax reform plan and discusses the fundamental dispute over it. For additional coverage, read these articles in Tax Notes: Analysis: Scoping-Criteria Dispute Overshadows Amount B Progress Analysis: OECD Agreement on Amount B Tax Deal Remains Elusive Follow us on Twitter: Ryan Finley: @ryanmfinley David Stewart: @TaxStew Tax Notes: @TaxNotes *** Credits Host: D...
Aug 18, 2023•17 min
Send us a text Tom Cullinan, a former IRS official now with Chamberlain Hrdlicka, discusses the basics of the employee retention credit, the recent rise in misleading promotions and fraudulent ERC claims, and the IRS’s response. For additional coverage, read these articles in Tax Notes: Employee Retention Credit a ‘Great Concern’ for IRS, Werfel Says IRS May Face Constraints in Quest to Curb ERC Abuse W&M Panel Considers Amnesty for Fraudulent ERC Payments Werfel Drops Hint, Seeks Early End ...
Aug 11, 2023•35 min
Send us a text Tax Notes White House reporter Alexander Rifaat discusses the Biden administration’s economic plan called “Bidenomics” and its effect on tax. For additional coverage, read these articles in Tax Notes: National Economic Council Touts Impact of Biden Tax Incentives Biden Extols the Virtues of ‘Bidenomics’ Treasury Links Construction Surge to CHIPS and IRA Credits Follow us on Twitter: Alex Rifaat: @alexrifaat David Stewart: @TaxStew Tax Notes: @TaxNotes *** Credits Host: David D. St...
Aug 04, 2023•15 min
Send us a text Manal Corwin, the new director of the OECD's Centre for Tax Policy and Administration, discusses her vision for the organization and the latest updates on the inclusive framework and two-pillar project. For additional coverage, read these articles in Tax Notes: Vietnam Proposes Global Minimum Tax Rules to Apply in 2024 BIAC Calls for More Consultations on Global Minimum Tax Rules U.K. Adopts Accounting Standard Changes for Pillar 2 Tax Rules Beyond the Numbers: Another Look at the...
Jul 28, 2023•35 min
Send us a text Professor Hank Adler of Chapman University discusses the income realization requirement dispute in the transition tax case Moore v. United States before the Supreme Court, and its implications on the U.S. tax system. For additional coverage, read these articles in Tax Notes: News Analysis: Limiting the Fallout From Moore Supreme Court to Hear Transition Tax Case With Vast Implications Follow us on Twitter: David Stewart: @TaxStew Tax Notes: @TaxNotes *** Credits Host: David D. Ste...
Jul 21, 2023•27 min
Send us a text Marna Ricker, EY’s global vice chair of tax, discusses how international tax advisers and corporate tax clients have handled recent tax reforms and what to expect next. For additional coverage, read these articles in Tax Notes: Extended OECD Digital Tax Ban Will Hurt Canada, Freeland Says Countries Advance Pillar 1 Adoption, Extend Digital Tax Freeze European Tech Companies Push for EU Action on Digital Taxes Australia Mulls More Pillar 2 Deferred Tax Break Disclosure Rules Follow...
Jul 14, 2023•27 min
Send us a text Professors Kathleen DeLaney Thomas and Erin Scharff discuss fake tax news and the effect it has on public policy. For more, read the professors' article " Fake News and the Tax Law ." Follow us on Twitter: Robert Goulder: @RobertGoulder David Stewart: @TaxStew Tax Notes: @TaxNotes *** Credits Host: David D. Stewart Executive Producers: Jasper B. Smith, Paige Jones Showrunner and Audio Engineer: Jordan Parrish Guest Relations: Alexis Hart...
Jul 07, 2023•38 min
Send us a text Tax Notes reporters Cady Stanton and Michael Smith discuss the recently passed U.S.-Chile tax treaty and the importance of tax treaties on both a national and international scale. For additional coverage, read these articles in Tax Notes: Chile-U.S. Tax Treaty Gets Senate Approval, Heads to White House Senate Scheduled to Vote on Chile-U.S. Tax Treaty Treasury's Treaty Approach Seeks to Avoid Future Complications In our “Editors’ Corner” segment, George Jackson, a professor of man...
Jun 30, 2023•28 min
Send us a text Steve Rosenthal of the Urban-Brookings Tax Policy Center reviews the GOP tax package approved by the House Ways and Means Committee, specifically the proposed individual and business tax cuts. For additional coverage, read these articles in Tax Notes: House Tax Bill Racing Toward Floor Vote but Has a SALT Problem Ways and Means GOP Votes to Advance Tax Package GOP Introduces Tax Package to Kick Off Tax Bill Negotiations House Tax Bill to Focus on TCJA Extensions Follow us on Twitt...
Jun 23, 2023•37 min
Send us a text Scott Peterson of Avalara discusses the South Dakota v. Wayfair decision, including how companies and states are faring five years later and what could be next with sales tax nexus. For additional coverage, read these articles in Tax Notes: Quad Graphics Urges Supreme Court to Take Up Sales Tax Appeal South Dakota’s Deb Peters Discusses Wayfair Five Years Later No Need to Hear Sales Tax Dispute, North Carolina Tells SCOTUS Halstead Bead Asks Fifth Circuit for Relief From Louisiana...
Jun 16, 2023•30 min
Send us a text Tax Notes reporter Alexander Rifaat discusses the tax implications of the recently passed debt ceiling bill and gentleman’s agreement over IRS funding. For additional coverage, read these articles in Tax Notes: Biden Signs Debt Ceiling Bill Into Law Senate Approves Debt Limit Deal, IRS Clawbacks Freedom Caucus Voices Opposition to Debt Ceiling Agreement Follow us on Twitter: Alex Rifaat: @alexrifaat David Stewart: @TaxStew Tax Notes: @TaxNotes *** Credits Host: David D. Stewart Ex...
Jun 09, 2023•13 min
Send us a text Tax Analysts’ chief economist Martin Sullivan provides an overview of the state of the economy and how the recent debt limit bill could affect it. For additional coverage, read these articles in Tax Notes: House Sends Debt Limit Bill, IRS Cuts to Senate Did the Pandemic Help or Hurt the Economy? Follow us on Twitter: Marty Sullivan: @M_SullivanTax David Stewart: @TaxStew Tax Notes: @TaxNotes *** Credits Host: David D. Stewart Executive Producers: Jasper B. Smith, Paige Jones Showr...
Jun 02, 2023•22 min
Send us a text Former IRS Commissioner David Kautter, now with RSM, discusses the recently released report on the feasibility of an IRS-run direct file program. For additional coverage, read these articles in Tax Notes: Free Direct-File Pilot Will Launch Next Year, IRS Says Report of Free File Prototype Irks Top Senate Finance Republican Use of Free File Service Dropped This Filing Season, TIGTA Finds Will Free File Alliance Survive Competition From the IRS? Follow us on Twitter: Jonathan Curry:...
May 26, 2023•32 min
Send us a text Tax Notes reporter Andrea Muse provides an update on the state and federal lawsuits challenging Maryland’s digital advertising tax. Listen to our previous episodes on this: The Fight Over Maryland’s Digital Advertising Tax, Part 1 The Fight Over Maryland’s Digital Advertising Tax, Part 2 For additional coverage, read these articles in Tax Notes: Maryland High Court Hands State Victory in Digital Ad Tax Suit Maryland High Court Focuses on Exhaustion of Remedies in Digital Ad Tax Su...
May 19, 2023•13 min
Send us a text Professors Bridget Crawford and Victoria Haneman discuss the estate and gift tax and how it could apply to the gifts received by Supreme Court Justice Clarence Thomas. For additional coverage, read these articles in Tax Notes: Harlan Crow Dodges Wyden Request for Details on Thomas Gifts Wyden May Pursue Harlan Crow’s Tax Records Wyden Asks Harlan Crow for Details of Gifts to Thomas In our “Editors’ Corner” segment, Ellen Aprill, the John E. Anderson Professor of Tax Law Emerita at...
May 12, 2023•30 min
Send us a text Tax Notes reporter Andrew Velarde discusses the penalty dispute in Farhy v. Commissioner and the case’s implications for other penalties and future refund decisions. For additional coverage, read these articles in Tax Notes: In Farhy ’s Wake, Taxpayer Advocate Renews Call for Penalty Change Fallout From Farhy on Assessable Penalties Could Be Extensive IRS Lacks Assessment Authority for Information Return Penalties Information Return Penalty Assessment Controversy Still Swirls Info...
May 05, 2023•14 min
Send us a text Professor Kathleen Claussen of Georgetown Law discusses how the proposed regs for the new clean vehicle tax credit affect the EU and other countries without a free trade agreement. For additional coverage, read these articles in Tax Notes: Volkswagen EV Gains Tax Credit Eligibility Treasury Balancing Act on EV Tax Credits Leaves Open Questions Taxwriters Criticize Trade Rep on EV Tax Credit Transparency EU and U.S. Draw Closer to Energy Tax Credit Deal EU Steps Up Its Efforts to M...
Apr 28, 2023•33 min
Send us a text Professor Samuel Brunson of Loyola University Chicago discusses social media tax scams highlighted in the IRS’s 2023 “Dirty Dozen” list of scams and how to spot this misinformation. For more, read " Be Wary of Tax Advice on Social Media, IRS Warns ," in Tax Notes . In our “Editors’ Corner” segment, Robert van Brederode, the founding partner of BrederodeTax LLC, chats about his Tax Notes piece, “ Disclosure of Presidential Tax Returns Violates Right to Privacy .” Follow us on Twitt...
Apr 21, 2023•35 min
Send us a text Former IRS Commissioner Fred Goldberg, now with Skadden, shares his thoughts on the IRS’s strategies and proposals outlined in the recently released spending plan for the $80 billion granted by the Inflation Reduction Act. For additional coverage, read these articles in Tax Notes: Werfel to Address IRS Budget and Filing Season at Senate Hearing Scholar Suggests Reforming IRS Over Spending More on Enforcement Foreign Taxpayers Cautiously Optimistic About IRS’s Payment Plan Everybod...
Apr 14, 2023•43 min
Send us a text Tax Notes contributing editor Robert Goulder discusses the history of bank secrecy, Credit Suisse’s role in it, and the bank’s recent collapse. For additional coverage, read these articles in Tax Notes: Government Goes After ‘Bank Hopping’ Couple for FBAR Penalties Finance Committee Says Hidden Swiss Bank Accounts Fight Isn't Over UBS May Have Bought Credit Suisse’s Undeclared Account Troubles FATCA Shortfalls Bring Calls for Elimination, Better Enforcement France Again Denies UBS...
Apr 07, 2023•31 min
Send us a text Tax Notes legal reporter Caitlin Mullaney discusses ChatGPT’s understanding of tax. For more, read " Off the Beaten Tax: Could the Robots Be Coming for the Tax Preparers? " in Tax Notes . Follow us on Twitter: Caitlin Mullaney: @MullaneyWrites David Stewart: @TaxStew Tax Notes: @TaxNotes ** This episode is sponsored by the University of California Irvine School of Law Graduate Tax Program. For more information, visit law.uci.edu/gradtax/events . This episode is sponsored by Practi...
Mar 31, 2023•23 min
Send us a text Grace Perez-Navarro discusses her long career at the OECD Centre for Tax Policy and Administration and what’s next after her retirement. For additional coverage, read these articles in Tax Notes: Analysis: The OECD’s Push for Women Leaders in Tax Transparency Analysis: Grace Perez-Navarro — A Champion of Transparency and Inclusion Follow us on Twitter: Stephanie Soong: @StephanieSoong David Stewart: @TaxStew Tax Notes: @TaxNotes ** This episode is sponsored by the University of Ca...
Mar 24, 2023•32 min
Send us a text Kyle Pomerleau of the American Enterprise Institute discusses the Biden administration’s fiscal 2024 budget and examines how the tax proposals play into the administration’s wider political agenda. For additional coverage, read these articles in Tax Notes: White House Budget Plan Targets Wealthy With Tax Increases Treasury Green Book Shows Few Major Changes in Tax Policy Goals Biden Budget Would Raise Taxes on Wealthy to Save Medicare In our “Editors’ Corner” segment, Amish Shah, ...
Mar 17, 2023•29 min
