Capitol Hill insider Thad Inge joins Roger Harris to unpack how the election results could reshape major tax policy decisions in 2024 and beyond. The discussion explores the potential fate of expiring Trump-era tax cuts, the future of IRS funding, and the complex political dynamics that will influence tax reform under Republican control. Thad provides unique insights into the budget reconciliation process, key congressional players, and offers tax practitioners valuable context on potential legislative changes and political realities that could affect their practice and clients.
Sponsors
Padgett - Contact Padgett or Email Jeff Phillips
- (00:00) - Thad Inge Joins Roger for Federal Tax Updates
- (01:41) - Election Impact on Tax Policy
- (04:47) - Republican Strategies and Budget Reconciliation
- (09:07) - Deficit Debates and Revenue Raising
- (20:30) - Key Players in Tax Reform in Congress
- (26:09) - IRS Funding and Future Outlook
- (32:46) - Commissioner Werfel's Tenure and Challenges
- (39:04) - Beneficial Ownership Reporting
- (47:46) - Senate Office Transitions
- (52:16) - Conclusion and Future Outlook
Get NASBA Approved CPE or IRS Approved CE
Launch the course on EarmarkCPE to get free CPE/CE for listening to this episode.
Connect with Thad Inge
LinkedIn: https://www.linkedin.com/in/thad-inge-9342155
Website: https://www.vsadc.com/
Connect with the Hosts on LinkedIn
Roger Harris
Annie Schwab
Review
Leave a review on Apple Podcasts or Podchaser
Subscribe
Subscribe to the Federal Tax Updates podcast in your favorite podcast app!
This podcast is a production of the Earmark Media
The full transcript for this episode is available by clicking on the Transcript tab at the top of this page
All content from this podcast by SmallBizPros, Inc. DBA PADGETT BUSINESS SERVICES is intended for informational purposes only.