In a captivating discussion, Kim Dixon, Bloomberg Tax's Deputy Team Lead for Federal Tax, shares insights on the potential implications of Donald Trump's second presidency on tax policy. The conversation highlights how the new Senate leadership, particularly Sen. Mike Crapo, may influence the fate of expiring provisions from the 2017 tax law. They delve into the contentious future of IRS funding and modernization efforts, especially concerning the Direct File program. Dixon also examines the uncertainties surrounding key IRS appointments and their strategic significance in the changing political landscape.
