Melanie Lauridsen

Melanie Lauridsen, AICPA's vice president of Tax Policy & Advocacy, dives into the current tax landscape. She highlights crucial updates on Beneficial Ownership Information reporting and recent court cases impacting tax professionals. Lauridsen discusses the challenges posed by an IRS hiring freeze and its effects on tax season. The conversation also touches on proposed changes to Circular 230 regulations and anticipates a dynamic year for tax legislation, with discussions focusing on both comprehensive reforms and incremental changes.

Melanie Lauridsen, Vice President of Tax Policy & Advocacy at the AICPA, discusses the looming implications of a government shutdown on IRS operations. She highlights the contrast between the IRS's definition of filing season and the reality faced by tax practitioners. Lauridsen also sheds light on the IRS's controversial decision to phase out paper tax refunds and its potential impact. Additionally, she reveals estimated cost savings from preserving the state and local tax deduction, emphasizing the importance of guidance for upcoming tax provisions.

Join Melanie Lauridsen, Vice President of Tax Policy & Advocacy for the AICPA, as she dives into the intricate world of tax reform. She discusses the AICPA’s crucial advocacy for pass-through entity tax (PTET) state and local tax (SALT) deductions amid recent legislative changes. Expect insights on the significance of timely passage for tax bills, potential hurdles in Congress, and the ongoing challenges facing the IRS post-pandemic. Melanie also highlights key survey concerns from AICPA members just after tax filing season.