Tax Notes Talk

Nina Olson of the Center for Taxpayer Rights and the Tax Analysts board of directors discusses the challenges in preserving taxpayer rights in light of increasing digitalization by the IRS and tax preparation companies.   

For more coverage, read these articles in Tax Notes:

• IRS Seeks to Procure Artificial Intelligence Tools
• IRS Modernization Effort Seen as Lacking Transparency
• IRS to Make Direct File Permanent, Expand It Nationwide
• IRS Nears Decision on Fate of Direct File; Free File Extended
• Analysis: The IRS Errs in Its Use of Math Error Procedures
• ABA Section of Taxation Meeting: Head of Free File Questions Need for Direct File

Follow us on Twitter:

• Lauren Loricchio: @LaurenLoricchio
• David Stewart: @TaxStew
• Tax Notes: @TaxNotes

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Credits
Host: David D. Stewart
Executive Producers: Jasper B. Smith, Paige Jones
Showrunner: Jordan Parrish
Audio Engineers: Jordan Parrish, Peyton Rhodes
Guest Relations: Alexis Hart

Susan Lanham, Amanda Thompson-Abbott, and Tom Norton of Marshall University discuss their research on the earned income tax credit’s effectiveness in alleviating poverty.   

For more, read Lanham, Thompson-Abbott, and Norton's Tax Notes article, "Assessing the EITC’s Role in Poverty Alleviation."

For more coverage, read these articles in Tax Notes:

• CBO Analysis of Taxpayer Race Data Shows Disparities
• Refundable Credit Audits Should Reflect Equity, GAO Says
• Data Could Help IRS Evaluate ‘Racialized Burdens’
• Tax Prep Industry Bashes ‘Outdated’ EITC Report
• Retail Tax Prep Companies Accused of Targeting Minorities
• GAO Finds $22 Billion Sent in Error for Earned Income Tax Credit

Follow us on Twitter:

• Alex Rifaat: @alexrifaat
• David Stewart: @TaxStew
• Tax Notes: @TaxNotes

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Credits
Host: David D. Stewart
Executive Producers: Jasper B. Smith, Paige Jones
Showrunner: Jordan Parrish
Audio Engineers: Jordan Parrish, Peyton Rhodes
Guest Relations: Alexis Hart

Alysse McLoughlin and Katie Quinn of Jones Walker discuss state tax implications of the Inflation Reduction Act’s clean energy credits.

For more episodes on the Inflation Reduction Act energy credits, listen to:

• IRA Energy Credits, Part 2: Proposed Regs and What’s Next
• IRA Energy Credits, Part 1: History and Early Guidance

For more coverage, read these articles in Tax Notes:

• IRS Guidance Amps Up Clean Electricity Tax Credit Flexibility
• Analysis: A Trap for the Unwary Purchaser of an IRA Credit

Follow us on Twitter:

• David Stewart: @TaxStew
• Tax Notes: @TaxNotes

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Credits
Host: David D. Stewart
Executive Producers: Jasper B. Smith, Paige Jones
Showrunner: Jordan Parrish
Audio Engineers: Jordan Parrish, Peyton Rhodes
Guest Relations: Alexis Hart

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 additional coverage, read these articles in Tax Notes:

• Analysis: The Worthlessness Deduction for Partnership Interests: An Unguided Missile
• Analysis: Assets-Over Merger Blunders on Negative Adjustments

Follow us on Twitter:

• David Stewart: @TaxStew
• Tax Notes: @TaxNotes

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Credits
Host: David D. Stewart
Executive Producers: Jasper B. Smith, Paige Jones
Showrunner: Jordan Parrish
Audio Engineers: Jordan Parrish, Peyton Rhodes
Guest Relations: Alexis Hart

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 Urge Congress to Block Ohtani-Type Deferred Pay
• Ohtani's Dodgers Contract Draws California Controller's Ire

Follow us on Twitter:

• David Stewart: @TaxStew
• Tax Notes: @TaxNotes

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Credits
Host: David D. Stewart
Executive Producers: Jasper B. Smith, Paige Jones
Showrunner: Jordan Parrish
Audio Engineers: Jordan Parrish, Peyton Rhodes
Guest Relations: Alexis Hart

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 these articles in Tax Notes:

• Late Chevron Challenge to Split-Dollar Regs Falls Flat
• States Are Moving Away From Judicial Deference, Practitioners Say
• Post-Arguments, Moore Effect on Wealth Tax Still Up for Debate
• Government May Have Upper Hand in Moore, but Court May Go Narrow

Follow us on Twitter:

• David Stewart: @TaxStew
• Tax Notes: @TaxNotes

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Credits
Host: David D. Stewart
Executive Producers: Jasper B. Smith, Paige Jones
Showrunner: Jordan Parrish
Audio Engineers: Jordan Parrish, Peyton Rhodes
Guest Relations: Alexis Hart

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 Notes:

• Pandemic Relief Fraud Scheme Shut Down, TIGTA Says
• IRS Leaves Door Open to Resume ERC Voluntary Disclosure
• ERC Voluntary Disclosure Program Barrels Toward Uncertain End
• ERC Abuse Revives Debate Over Contingency Fees
• IRS ERC Audits Undergo Changes as They Get Older

Follow us on Twitter:

• Lauren Loricchio: @LaurenLoricchio
• David Stewart: @TaxStew
• Tax Notes: @TaxNotes

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Credits
Host: David D. Stewart
Executive Producers: Jasper B. Smith, Paige Jones
Showrunner: Jordan Parrish
Audio Engineers: Jordan Parrish, Peyton Rhodes
Guest Relations: Alexis Hart

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 piece, “Long-Term Trends in State Personal Income Tax.” 

Follow us on Twitter:

• David Stewart: @TaxStew
• Tax Notes: @TaxNotes

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This episode is sponsored by PLI Press. For more information, visit pli.edu/taxnotes.

Join the Tax Notes Talk team for our upcoming live recording at the ABA May Tax Meeting on Friday, May 3! For more information, visit taxnotes.co/aba.

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Credits
Host: David D. Stewart
Executive Producers: Jasper B. Smith, Paige Jones
Showrunner: Jordan Parrish
Audio Engineers: Jordan Parrish, Peyton Rhodes
Guest Relations: Alexis Hart

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
• States Are Moving Away From Judicial Deference, Practitioners Say
• Petitioner Asks SCOTUS to Hold Case Until Chevron Is Decided
• A Look Ahead: Penalty Approval Issues Likely Won’t Be Solved Through Regs

Follow us on Twitter:

• MK Browne: @mk_browne10
• David Stewart: @TaxStew
• Tax Notes: @TaxNotes

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This episode is sponsored by PLI Press. For more information, visit pli.edu/taxnotes.

Join the Tax Notes Talk team for our upcoming live recording at the ABA May Tax Meeting on Friday, May 3! Fore more information, visit taxnotes.co/aba.

***
Credits
Host: David D. Stewart
Executive Producers: Jasper B. Smith, Paige Jones
Showrunner: Jordan Parrish
Audio Engineers: Jordan Parrish, Peyton Rhodes
Guest Relations: Alexis Hart

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 Stewart: @TaxStew
• Tax Notes: @TaxNotes

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This episode is sponsored by the University of California Irvine School of Law Graduate Tax Program. For more information, visit law.uci.edu/gradtax.

This episode is sponsored by PLI Press. For more information, visit pli.edu/taxnotes.

***
Credits
Host: David D. Stewart
Executive Producers: Jasper B. Smith, Paige Jones
Showrunner: Jordan Parrish
Audio Engineers: Jordan Parrish, Peyton Rhodes
Guest Relations: Alexis Hart