Tax Notes Talk

House Ways and Means Committee member Adrian Smith, R-Neb., discusses the One Big Beautiful Bill Act’s accomplishments and what could be next for Congress on tax.  Check out our interview with Rep. Horsford, " House Taxwriter Talks Democratic Priorities, Responds to OBBBA ." For more coverage, read the following in Tax Notes : Lawyers Predict Reconciliation Bill Tax Controversies House A...

House Ways and Means Committee member Steven Horsford, D-Nev., discusses the New Democrat Coalition’s tax priorities and the framework the coalition developed as an alternative to the One Big Beautiful Bill Act.  Check out our break down of the passed legislation, " The One Big Beautiful Bill Act: What Made the Final Cut? " For more coverage, read the following in Tax Notes : One Big Bea...

Tax Notes Capitol Hill reporters Cady Stanton and Katie Lobosco explore the final version of the One Big Beautiful Bill Act that President Trump signed into law on July 4.   For more coverage, read the following in Tax Notes : Revenge Tax Ghost Looms Over G7’s Pillar 2 Deal Trump Tax Bill Brings State Funding Dilemmas, Conformity Choices OBBBA Is the Biggest Tax Bill Ever. Why Doesn’t It Feel Like...

Ryan Minnick of the Federation of Tax Administrators discusses how state tax agencies are approaching artificial intelligence and shares insights from the FTA’s upcoming briefing paper on generative AI and its 2024 tax agency survey.  For more coverage, read the following in Tax Notes :  California Tax Agency Ramping Up for Generative AI State Tax Administrators Are Studying the Use of Generative...

Tax Notes investigations editor Lauren Loricchio discusses Treasury’s information sharing agreement with the Department of Homeland Security and its implications for immigrants.  Read Loricchio's full story in Tax Notes, " Information Sharing Deal Complicates Immigrant Return Fil ing. " For more on what's been happening at the IRS, check out our previous episodes: Past IRS Comm...

Jonathan Samford and Kevin Klein of the Global Business Alliance discuss the proposed section 899 retaliatory tax and other international tax provisions included in the Senate version of the One Big Beautiful Bill Act.  For more on the bill, check out our previous episodes: In The Zone: Changes to Opportunity Zones in the House Budget Bill One Big Beautiful Bill: Breaking Down the House Tax Packag...

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 Package The House Budget Bill’s Clean Energy Tax Credit Changes For more coverage, re...

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...

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...

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 Senate Democratic Dads Say Tax Bill Would Pass Debt Burden to Kids Clean Energy Industry Seeks Edits...

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, Tariffs U.S. and China Reach Trade Agreement, Roll Back Tariffs Tariff...

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...