Tax Notes Talk

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 Impact Making Progress: Updates on the OECD Tax Reform Plan An Update on Pillar 1 Amount B Pillar 1 Amount B: Disagre...

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 AI IRS to Pause Technology Moderniza...

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 Bill Those Troublesome Budget Instructions: They Might Not Matter House Looks to Assert ‘First Mover’ Status on Tax...

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 Grow FOIA Appeals Fail So Often, Taxpayers See a Broken System The IRS Is Getting Fewer FOIAs. Why Aren’t Res...

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 Increases EU Poised to Impose 25 Percent Retaliatory Tariffs on U.S. Goods China Announces Reciprocal Tariffs on U.S. Imports Trump’s Tariffs Generate Tons of Criticism as Uncertainty Abounds...

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...

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 Code Race-Based Poll Taxes and 20th-Century Discrimination Examining Treasury’s Review of Rac...

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 Obstacles Treasury, IRS Still Finalizing Next Staff Reductions, Krause...

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 Confusion Navigating the Corporate Transparency Act For more coverage, read the following in Tax Notes : Corporate T...

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: Partnerships Top Tax Cases of 2024, Part 2: S Corporations Follow us on X: David Stewart: @TaxStew Tax Notes: @TaxNotes ** This epi...

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...

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 Exception Tax Pros Weigh Impact of Ruling on IRS Basis Calculation Method Follow...

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,...

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 : I...

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 Plan An Update on Pillar 1 Amount B Pillar 1 Amount B: Disagreements and Divides...

Tax Notes investigations editor Lauren Loricchio discusses security concerns regarding tax software platforms’ data-sharing practices.    Read Loricchio's article, " Monetization of Tax Data Sparks Concerns About Security ." For additional coverage, read the following articles in Tax Notes : Taxpayer Data Leak Investigations Rarely Lead to Prosecutions ProPublica Data Leak Lawsuit E...

Lili Martin-Mashburn of Morris, Manning & Martin provides an update on where the Corporate Transparency Act stands in light of the recent litigation regarding its constitutionality. Listen to our previous episode on the CTA, " Navigating the Corporate Transparency Act ." For more coverage, read the following in Tax Notes : Once Again, District Court Finds CTA Likely Unconstitutional ...

Two state tax policy experts discuss key tax proposals that states will likely address in 2025, including efforts to raise revenue and extend provisions of the Tax Cuts and Jobs Act.  For additional coverage, read these articles in Tax Notes : Massachusetts Adopts Reg Changes on Apportionment, Married Filers Idaho Governor Pledges to Continue Providing Tax Relief Leaked Docs ID Taxes Washington Se...

Tax Analysts Chief Operating Officer Jeremy Scott reviews the 2024 developments in U.S. tax legislation and speculates what may lie ahead in 2025. For additional coverage, read these articles in Tax Notes : Direct File Expected to Face Scrutiny by Incoming Administration Tax Bill Uncertainty May Dampen Business Activity What to Expect From Scoring the 2025 Tax Bill The Coming Tax Package: To Count...

Tax Notes reporters recap some of the most memorable stories they encountered in 2024, from “pig butchering” scams to a denied late-filing excuse citing Christmas stress. For additional coverage, read these articles in Tax Notes: Maine Enacts Tax Credit to Keep Portland Baseball Team DraftKings Kills Betting Tax Surcharge Proposal DraftKings Announces Surcharge Plan on States With High Betting Tax...

Tax Notes chief correspondent Stephanie Soong recaps the latest updates from the OECD’s two-pillar project and highlights what is expected from the organization in 2025.  Listen to our previous episodes on the two pillars here: An Update on Pillar 1 Amount B Pillar 1 Amount B: Disagreements and Divides Manal Corwin Takes the Helm: Updates on the OECD Tax Reform Plan Bringing Order to Chaos? Digita...

Tony Santiago, founder and president of TaxSearch Inc., discusses the future of tax leadership and his recommendations for tax departments looking to create an effective succession plan. Listen to our previous episode on tax succession, "Paving the Way for the Next Generation of Tax Professionals." For additional coverage, read Santiago's articles in Tax Notes: Tax Department Leader...

A Tax Notes investigation unveiled how money sheltered in offshore insurance investment vehicles has eluded IRS auditors hampered by poor training and silos within the agency.   Leaked documents obtained by the International Consortium of Investigative Journalists and reviewed by Tax Notes show private placement life insurance structures — a special type of insurance available only to wealthy inve...

In an exclusive sit-down interview with Tax Notes Talk, IRS Commissioner Daniel Werfel discusses his tenure and the agency’s future with major Tax Cuts and Jobs Act provisions expiring next year. For more coverage, read the following in Tax Notes : IRS Is Well Positioned to Handle Tax Bill, Werfel Says IRS Council Calls for Public Education About Tax Noncompliance IRS to Beef Up Artificial Intelli...

Jānis Taukačs, a partner at Sorainen in Latvia, discusses the Baltic region’s tax priorities, as well as his own professional journey through the world of tax.  For other episodes from Cape Town, listen to: "From Cape Town: A Sit-Down With South Africa's Top Tax Official." "From Cape Town: Developing Tax Policy for Developing Nations." For more about the Sergei Magnitsky s...