Tax Notes Talk

Monte Jackel of Jackel Tax Law discusses partnership taxation rules and the role they play in former President Trump’s ongoing IRS audit. For more, read the  article from ProPublica and The New York Times , " IRS Audit of Trump Could Cost Former President More Than $100 Million. " For more on Trump's taxes, listen to Trump’s Tax Returns and the Future of Transparency . For additiona...

Tax Notes senior legal reporter Nathan Richman discusses the tax implications of the recent financial controversies surrounding Los Angeles Dodgers player Shohei Ohtani and his former translator. For additional coverage, read these articles in Tax Notes: Ohtani’s Ex-Translator Agrees to Plead Guilty to Tax Charge Tax May Still Come to Bat in Saga of Ohtani’s Translator California Proposal Would Ur...

Libin Zhang and Kristin Hickman discuss the broader implications of Moore v. United States and the challenges to the Chevron doctrine during a live recording from the American Bar Association Section of Taxation May meeting.  For related episodes, listen to: What the End of Chevron Deference May Mean for Tax A Recap of SCOTUS Oral Arguments in  Moore v. United States For additional coverage, read...

Mary Wood of Meadows Collier discusses recent updates on the employee retention credit, from the IRS’s moratorium on new claims to the potential effect of pending legislation.  For more episodes on the employee retention credit, listen to: IRS Key Updates: ERC, EITC, and Government Shutdown Plans The Employee Retention Credit: Scams and Successes For additional coverage, read these articles in Tax...

Professor Yariv Brauner of the University of Florida Levin College of Law discusses the challenges facing residence-based taxation and his proposal for a new way to tax individuals. For more, read Brauner's article, " Taxing People, Not Residents ." In our “Editors’ Corner” segment, Andrey Yushkov, senior policy analyst for the Tax Foundation, chats about his coauthored Tax Notes pi...

Frank Agostino of Agostino & Associates discusses two pending Supreme Court cases, their potential effects on the Chevron doctrine, and their implications for the tax world. Listen to our latest episode on Moore here: A Recap of SCOTUS Oral Arguments in Moore v. United States   For additional coverage, read these articles in Tax Notes:   Late  Chevron  Challenge to Split-Dollar Regs Falls Flat...

Tax Analysts' chief economist Martin Sullivan discusses the Congressional Budget Office’s latest economic forecast, new insights on the effects of the Tax Cuts and Jobs Act, and what all this means for tax policy. For more, read Sullivan's analysis, " Economists Find Little Growth and Worsening Inequality From TCJA ." Follow us on Twitter: Martin Sullivan: @M_SullivanTax David...

Tax Notes contributing editor Nana Ama Sarfo discusses the SEC’s recently released carbon pricing disclosure rules and their reception from the business community.  For additional coverage, read Sarfo's article in Tax Notes , " Examining the SEC’s Simpler Carbon Pricing Disclosure Rules ." Follow us on Twitter: Nana Ama Sarfo: @nanaama_sarfo David Stewart: @TaxStew Tax Notes: @TaxNo...

William McRae of Cleary Gottlieb discusses the U.S. Tax Court’s decision in YA Global Investments v. Commissioner and what it means for the private equity sector. For additional coverage, read these articles in Tax Notes : Tax Pro Questions Tax Court’s Dealer Analysis in  YA Global Tax Pros Weigh Impact of  YA Global  on Fund Industry YA Global  Footnote Shouldn’t Be Overlooked Cayman Islands Hedg...

Tax Notes Capitol Hill reporters Cady Stanton and Doug Sword discuss the roadblocks the Tax Relief for American Families and Workers Act is facing in the Senate. For additional coverage, read these articles in Tax Notes : Crapo’s Tax Deal Offers Were Non-starters for Dems, Wyden Says Finance Republicans Have Problem With Tax Bill’s Retroactivity  Wyden Warns It’s Now or Never for R&D and Other...

Tax Notes chief correspondent Stephanie Soong discusses the latest developments surrounding amount B under pillar 1 of the OECD’s two-pillar corporate tax reform plan.  Listen to our last podcast on amount B: Pillar 1 Amount B: Disagreements and Divides For additional coverage, read these articles in  Tax Notes : Amount B Transfer Pricing Approach Doesn’t Deliver, BIAC Says Amount B Might Have a P...

Christine Green of Steptoe & Johnson PLLC discusses the Corporate Transparency Act and the recent litigation regarding its constitutionality. For additional coverage, read these articles in Tax Notes : U.S. Court Declares Corporate Transparency Act Unconstitutional Yellen: New Beneficial Ownership Reporting Rules Already Working FinCEN Finalizes Access Rule for Beneficial Ownership Reporting I...

Tax Notes contributing editor Ryan Finley discusses the latest developments in three transfer pricing cases — Medtronic, 3M, and Abbott Labs — and their implications for the future. For additional coverage, read these articles in Tax Notes : Business Groups Urge Eighth Circuit to Overturn Tax Court in  3M Medtronic Budges on CUT Method in Round 2 at Eighth Circuit Abbott Labs Revives Fight Over St...

Professors Edward Fox and Zachary Liscow discuss their proposal for a new tax on billionaires that would apply to borrowing against their assets. For more, read Fox and Liscow's article, " No More Tax-Free Lunch for Billionaires: Closing the Borrowing Loophole ," in  Tax Notes . For more on wealth taxes, listen to The Wealth Tax Debate . Follow us on Twitter: Robert Goulder: @Robert...

Tax Notes Capitol Hill reporters Cady Stanton and Doug Sword discuss the key provisions of the Tax Relief for American Families and Workers Act and its potential paths for passage in the Senate. For additional coverage, read these articles in Tax Notes: House Kills SALT Marriage Penalty Bill in Procedural Vote Smith Combats Claims Senate Republicans Weren’t in Tax Talks Senate Border Traffic Jam P...

Professor Roberta Mann of the University of Oregon School of Law explains how taxing single-use plastics could help combat their environmental effects.  For more, read Mann's article, " Targeting Plastic Pollution with Taxes ." Follow us on Twitter: David Stewart: @TaxStew Tax Notes: @TaxNotes ** This episode is sponsored by the University of California Irvine School of Law Graduate...

Tax Notes managing legal reporter Andrew Velarde discusses the economic substance doctrine dispute in Liberty Global Inc. v. United States and its potential implications. For previous Moore episodes, listen to the following: A Recap of SCOTUS Oral Arguments in  Moore v. United States Moore Money, More Tax Problems? Analyzing  Moore v. United States For additional coverage, read these articles in ...

Kelly Phillips Erb, known online as Taxgirl, discusses the 2024 filing season’s challenges and considerations in light of the IRS’s post-IRA funding changes and the potential for congressional action on a tax deal.   For additional coverage, read these articles in Tax Notes: IRS Hasn’t Been Idle During ERC Moratorium IRS Launches Direct-File Platform Hopes for Senate Markup of Tax Deal Complicated...

Tax Notes contributing editor Robert Goulder discusses the downward attribution dispute in Altria Group Inc. v. United States and the case’s similarities to Moore . Listen to our Moore episodes: A Recap of SCOTUS Oral Arguments in  Moore v. United States Moore Money, More Tax Problems? Analyzing  Moore v. United States For additional coverage, read these articles in Tax Notes: Analysis: The Excise...

Tax Notes contributing editor Nana Ama Sarfo discusses global tax transparency efforts, specifically beneficial ownership registries and country-by-country public reporting. For more, read Sarfo's analysis in Tax Notes : New Year, New Expectations for Global Tax Transparency Follow us on Twitter: Nana Ama Sarfo: @nanaama_sarfo David Stewart: @TaxStew Tax Notes: @TaxNotes ** This episode is sp...

Stephanie Do of the Council On State Taxation discusses key state tax policy topics that are likely to see action in 2024, including the expiration of Tax Cuts and Jobs Act provisions.   For additional coverage, read these articles in Tax Notes : West Virginia Governor Highlights Fiscal 2024 Revenue COST Urges California High Court to Block Taxation of Intangibles The High Cost of Untaxed Sales SA...

Tax Analysts Chief Operating Officer Jeremy Scott reviews the 2023 developments in U.S. tax legislation and speculates what may lie ahead in 2024. For more on AI and the Big 4, read this Fortune article . For additional coverage, read these articles in Tax Notes : Businesses Paid More Taxes in Fiscal 2022, COST Report Says A Look Ahead: If a Tax Package Materializes, Don’t Blink or You’ll Miss It...

Tax Notes reporters recap some of the strangest stories they encountered in 2023, from a video game that can prepare tax returns to the IRS attempting to seize a 200-year-old Italian cello. For additional coverage, read these articles in Tax Notes: The ‘Gamification’ of Tax Return Preparation Has Arrived Tax Wonk Calls Foul on Massachusetts Surtax After NBA Player Departs Taxpayer Hits Sour Note i...

Tax Notes managing legal reporter Andrew Velarde breaks down the Supreme Court's oral arguments in Moore and predicts what's next for the case. For additional coverage, read these articles in Tax Notes: Government May Have Upper Hand in  Moore , but Court May Go Narrow Moore Sold Shares in Transition Tax Company for Big Gain Moores Fire Back That  Macomber  Is Controlling, Not Mere Dictu...

In honor of Tax Notes Talk 's 300th episode, Tax Notes chief correspondent Stephanie Soong reviews her tax career and coverage of the OECD over the last decade. For additional coverage, read these articles in Tax Notes: Pillar 1 Treaty Safe Harbor May Fall Short of Goals, Group Says EU Won’t Introduce Pillar 1 Directive, Commission Official Says Canada’s Position on Digital Tax Is Unchanged,...