Tax Notes Talk

Robert Kerr of Kerr Consulting LLC discusses how the $80 billion of additional funding for the IRS in the Inflation Reduction Act could be best used by the agency.  For additional coverage, read these articles in Tax Notes: Backlog Thwarted IRS’s ‘Well-Planned’ IT Modernization Strategy IRS Urged to Budget for Transparency Yellen to Promote New Tax Measures With Speaking Tour Tax Professionals See...

Caroline Rule of Kostelanetz & Fink LLP discusses the post- Roe tax complications for employers covering abortion-related interstate travel expenses. For more, read Rule's article, " Tax Implications of Dobbs for Interstate Travel Expenses to Obtain Abortions, " in Tax Notes. We want to hear from you, our listeners! To fill out a short, two-minute survey, visit taxnotes.co/podca...

Professor Jeremy Bearer-Friend of the George Washington University Law School highlights key areas of the IRS’s tax enforcement where racial bias can occur.   For more, read Bearer-Friend's article, " Colorblind Tax Enforcement ." We want to hear from you, our listeners! To fill out a short, two-minute survey, visit taxnotes.co/podcastsurvey . Listen to more Tax Notes Talk episodes...

Reuven Avi-Yonah of the University of Michigan Law School discusses the new corporate alternative minimum tax and how it intersects with international taxation. For additional coverage, read these articles in Tax Notes: Inflation Reduction Act Raises Pillar 2 Hopes and Concerns Hard Part Begins for IRS and Treasury as Biden Signs Reconciliation Bill Critics Recall BURP in Debate Over Corporate Min...

Kyle Pomerleau of the American Enterprise Institute discusses the key tax provisions of the Inflation Reduction Act and what they mean for the future of tax policy. For additional coverage, read these articles in Tax Notes: House Democrats Tee Up Tax Bill Debate and Nix GOP Amendments Critics Recall BURP in Debate Over Corporate Minimum Tax  Democrats Play Whack-a-Mole as GOP Rages Against IRS Fun...

Tax Notes reporter Benjamin Guggenheim discusses the latest tax legislation on Capitol Hill: the recently passed CHIPS and Science Act and the revived reconciliation bill known as the Inflation Reduction Act. For additional coverage, read these articles in Tax Notes: Sinema Wants Carried Interest Out of Reconciliation, Reports Say Clawbacks Will Prevent Companies From Exporting CHIPS Benefits Ex-T...

Martin A. Sullivan, Tax Analysts’ chief economist, revisits the United States’ economic path to inflation and discusses mitigation efforts for a possible recession.   For more inflation coverage on the podcast, listen to Inflation, Tax, and the COVID-19 Economy . For additional coverage, read these articles in Tax Notes: Grassley Follows Up With Second Inflation-Indexing Package North Carolina Rep...

Tax Notes chief correspondent Stephanie Soong Johnston recaps the agreement on the OECD’s two-pillar corporate tax reform plan and discusses recent roadblocks to full implementation. Listen to more podcast episodes on the OECD's tax reform plan: The End Is Nigh: An Update on the OECD Tax Reform Plan The Beginning of the End? An Update on the OECD Tax Reform Plan New Year, New Tax Rules? An OE...

Tax Notes reporter Jonathan Curry discusses the IRS audits of former FBI Director James Comey and his deputy, Andrew McCabe, and why they’ve drawn attention from the tax community. For additional coverage, read these articles in Tax Notes: House and Senate Taxwriters to Quiz Rettig in Private Meetings Rettig Requests TIGTA Investigation of Comey, McCabe Audits Former IRS Officials Skeptical of Fou...

Nicholas Mowbray of BakerHostetler discusses the recently enacted Superfund excise taxes on chemicals and hazardous substances and some compliance concerns and uncertainty surrounding them.   For additional coverage, read these articles in Tax Notes: IRS Releases New Environmental Taxes Form as Superfund Kicks In IRS Issues Rules on Requesting Superfund Substance List Changes IRS Releases Rates fo...

La Posada Tax Clinic Director Robert Wunderle discusses the importance of low-income taxpayer clinics to the tax system and how his clinic serves the Twin Falls, Idaho, community. For more information about the Tax Analysts Public Service Fellowship, visit taxnotes.com/fellowship . Follow us on Twitter: David Stewart: @TaxStew Tax Notes: @TaxNotes ** This episode is sponsored by SafeSend. For more...

Elaine Maag of the Urban-Brookings Tax Policy Center looks at lessons learned from the 2021 advance child tax credit and its potential political future.   Listen to our other episodes on the child tax credit: The Advance Child Tax Credit: Changes Coming? The Advance Child Tax Credit: What Lies Ahead For additional coverage, read these articles in Tax Notes: Analysis: Resolving the Child Tax Credit...

Marie-France Dompierre of Davies Ward Phillips & Vineberg discusses how Canada taxes professional athletes who aren’t Canadian residents. For more, read Dompierre's article, " An ‘Expensive’ Trade? Taxation of Nonresident Professional Athletes Playing in Canada, " in Tax Notes . For more episodes on taxes and sports, listen to: The NCAA vs. Taxation: How Colleges Are Caught in t...

Raymond Stahl of Ernst & Young discusses concerns about the final regulations for claiming foreign tax credits, particularly how they affect creditability, withholding, and treaty benefits.   For additional coverage, read these articles in Tax Notes: Yellen Nixes Foreign Tax Credit Reg Delay, Defends OECD Talks Treasury Offers More Details on FTC Royalty Withholding Carveout Valuation Allowanc...

Johan Langerock, policy adviser in the European Parliament, discusses his visit to Washington, the future of the OECD two-pillar tax plan, and the EU’s green initiative. For additional coverage, read these articles in Tax Notes: DSTs ‘Back on Table’ if U.S. Doesn’t Adopt Pillar 1, MEPs Say EU Stays Focused on Pillar 2 Despite Pillar 1 Delays Pressure Mounts for EU Ministers on Pillar 2 Agreement E...

Tax Notes reporter Benjamin Valdez discusses the Florida legislation eliminating Disney's special tax district, what led to its passage, and what to expect in the future.   For additional coverage, read these articles in Tax Notes: Federal Judge Dismisses Taxpayers' Suit Over Disney District Bill Florida Taxpayers Sue Over Disney Tax District Dissolution Florida Governor Signs Bill to En...

Tax Notes reporters Paul Jones and Nathan Richman discuss the $141 million settlement over Intuit’s TurboTax Free Edition program and the potential tax break for Intuit. For additional coverage, read these articles in Tax Notes: TurboTax Settlement May Open the Door to Huge Tax Break Intuit, States Enter Settlement Over ‘Free File’ Scandal GAO: Taxpayer Use of Free File Waned After Intuit’s Exit I...

Elodie Lamer and Nana Ama Sarfo of Tax Notes discuss the tax implications of golden visas and passports, which allow affluent foreigners to receive residency or citizenship in exchange for a minimum level of investment. For additional coverage, read these articles in Tax Notes: EU Commission Proposes Thorough Examinations of Golden Visas EU Commission Steps Up Legal Fight Over Maltese Golden Passp...

Timothy Noonan of Hodgson Russ LLP discusses how some states tax remote employees and the effect of temporary pandemic tax changes. For additional coverage, read these articles in Tax Notes: Bill Seeks to Shield Teleworkers From St. Louis's Earnings Tax Analysis: The Pandemic’s Tax Fallout Continues Remote Work Complicates Employer Tax Compliance, Pressures States to Revise Rules New York Rem...

Beth Viola and Nicole Elliott of Holland & Knight discuss the latest clean energy tax proposals and the likelihood of their passage in Congress. For additional coverage, read these articles in Tax Notes: Bipartisan Energy Bill May Focus on Carbon Capture Credits Analysis: Low-Carbon Hydrogen Credits Break Through Green Tax Credits Spotlighted in State of the Union Follow us on Twitter: Marie S...

Valeria Tarasenko of Dentons Kyiv discusses the Ukrainian government’s tax policy changes in response to the Russian invasion.  For additional coverage, read these articles in Tax Notes: Ukraine Issues Guidance on Corporate Tax Benefits Argentina Proposes Tax on Profits of Firms Benefiting From War ICRICT Calls on G-20 to Establish Global Asset Registry NGOs Highlight Effectiveness of Taxing Russi...

IRS Commissioner Charles Rettig discusses the current state of the tax agency, including the paper return backlog, technology improvements, and hiring updates. Listen to the entire interview here: The State of the IRS with Commissioner Charles Rettig For additional  coverage, read these articles in Tax Notes: Rettig Warns Against New Info Reporting Rules Without Funding New Tax Credits Blamed for...

Rohit Kumar of PwC discusses the Biden administration’s fiscal 2023 budget, explaining the new proposals and how the budget is different than the Build Back Better Act. For additional  coverage, read these articles in Tax Notes: Tax Pros Eye Biden’s Estate Tax Plans, Shrug Off Billionaire’s Tax  White House Seeks Double-Digit Increase in IRS Funding Plans for Taxing the Wealthy and Corporations Gr...

Tax Notes reporters Jonathan Curry and Caitlin Mullaney set the record straight on 10 common tax myths. For more coverage, read Mullaney's article in Tax Notes , " #TaxTok Answers the Request for Easy-to-Understand Tax Info ." Follow us on Twitter: Jonathan Curry: @jtcurry005 Caitlin Mullaney: @MullaneyWrites David Stewart: @TaxStew Tax Notes: @TaxNotes For more about the Christophe...

Marlene Nembhard Parker and Fabrizia Lapecorella discuss their partnership as the first co-chairs of the OECD inclusive framework on base erosion and profit shifting and speculate on the future of women leading international tax. For additional  coverage, read these articles in Tax Notes:    OECD's BEPS Inclusive Framework Appoints New Co-Chair OECD Tax Standard-Setting Body Appoints New Chai...