Tax Notes Talk

Send us a textSteve Rosenthal of the Urban-Brookings Tax Policy Center reviews the GOP tax package approved by the House Ways and Means Committee, specifically the proposed individual and business tax cuts. For additional coverage, read these articles in Tax Notes:House Tax Bill Racing Toward Floor Vote but Has a SALT ProblemWays and Means GOP Votes to Advance Tax PackageGOP Introduces Tax Package to Kick Off Tax Bill NegotiationsHouse Tax Bill to Focus on TCJA ExtensionsFollow us on Twitter:Cady Stanton: @cady_stantonDavid Stewart: @TaxStewTax Notes: @TaxNotes***CreditsHost: David D. StewartExecutive Producers: Jasper B. Smith, Paige JonesShowrunner: Jordan ParrishAudio Engineers: Jordan Parrish, Peyton RhodesGuest Relations: Alexis Hart

Scott Peterson from Avalara discusses the aftermath of the South Dakota v. Wayfair decision, exploring challenges faced by companies and states, potential future sales tax nexus issues, and the evolution of sales tax laws and compliance post-Wayfair. The conversation highlights the impact on businesses, state tax regulations, and the need for adaptation in tax administration.

Send us a textTax Notes reporter Alexander Rifaat discusses the tax implications of the recently passed debt ceiling bill and gentleman’s agreement over IRS funding.For additional coverage, read these articles in Tax Notes:Biden Signs Debt Ceiling Bill Into LawSenate Approves Debt Limit Deal, IRS ClawbacksFreedom Caucus Voices Opposition to Debt Ceiling AgreementFollow us on Twitter:Alex Rifaat: @alexrifaatDavid Stewart: @TaxStewTax Notes: @TaxNotes***CreditsHost: David D. StewartExecutive Producers: Jasper B. Smith, Paige JonesShowrunner: Jordan ParrishAudio Engineers: Jordan Parrish, Peyton RhodesGuest Relations: Alexis Hart

Send us a textTax Analysts’ chief economist Martin Sullivan provides an overview of the state of the economy and how the recent debt limit bill could affect it. For additional coverage, read these articles in Tax Notes:House Sends Debt Limit Bill, IRS Cuts to SenateDid the Pandemic Help or Hurt the Economy?Follow us on Twitter:Marty Sullivan: @M_SullivanTaxDavid Stewart: @TaxStewTax Notes: @TaxNotes***CreditsHost: David D. StewartExecutive Producers: Jasper B. Smith, Paige JonesShowrunner: Jordan ParrishAudio Engineers: Jordan Parrish, Peyton RhodesGuest Relations: Alexis Hart

Send us a textFormer IRS Commissioner David Kautter, now with RSM, discusses the recently released report on the feasibility of an IRS-run direct file program. For additional coverage, read these articles in Tax Notes:Free Direct-File Pilot Will Launch Next Year, IRS SaysReport of Free File Prototype Irks Top Senate Finance RepublicanUse of Free File Service Dropped This Filing Season, TIGTA FindsWill Free File Alliance Survive Competition From the IRS?Follow us on Twitter:Jonathan Curry: @jtcurry005David Stewart: @TaxStewTax Notes: @TaxNotes***CreditsHost: David D. StewartExecutive Producers: Jasper B. Smith, Paige JonesShowrunner: Jordan ParrishAudio Engineers: Jordan Parrish, Peyton RhodesGuest Relations: Alexis Hart

Send us a textTax Notes reporter Andrea Muse provides an update on the state and federal lawsuits challenging Maryland’s digital advertising tax. Listen to our previous episodes on this:The Fight Over Maryland’s Digital Advertising Tax, Part 1The Fight Over Maryland’s Digital Advertising Tax, Part 2For additional coverage, read these articles in Tax Notes:Maryland High Court Hands State Victory in Digital Ad Tax SuitMaryland High Court Focuses on Exhaustion of Remedies in Digital Ad Tax SuitMaryland Urges State High Court to Uphold Digital Ad TaxComcast, Verizon Respond to Professors in Maryland Digital Ad Tax SuitDigital Ad Tax Unconstitutional, Companies Tell Maryland Supreme CourtFourth Circuit Urged to Allow Federal Digital Ad Tax Suit to ProceedMaryland Urges Fourth Circuit to Reject Digital Ad Tax SuitFollow us on Twitter:David Stewart: @TaxStewTax Notes: @TaxNotes***CreditsHost: David D. StewartExecutive Producers: Jasper B. Smith, Paige JonesShowrunner and Audio Engineer: Jordan ParrishGuest Relations: Alexis Hart

Send us a textProfessors Bridget Crawford and Victoria Haneman discuss the estate and gift tax and how it could apply to the gifts received by Supreme Court Justice Clarence Thomas. For additional coverage, read these articles in Tax Notes:Harlan Crow Dodges Wyden Request for Details on Thomas GiftsWyden May Pursue Harlan Crow’s Tax RecordsWyden Asks Harlan Crow for Details of Gifts to ThomasIn our “Editors’ Corner” segment, Ellen Aprill, the John E. Anderson Professor of Tax Law Emerita at Loyola Marymount University’s Loyola Law School, chats about her Tax Notes piece, “Reviewing For-Profit Philanthropy and the 1969 Tax Reform Act.” Follow us on Twitter:David Stewart: @TaxStewTax Notes: @TaxNotes***CreditsHost: David D. StewartExecutive Producers: Jasper B. Smith, Paige JonesShowrunner: Jordan ParrishAudio Engineers: Jordan Parrish, Peyton RhodesGuest Relations: Alexis Hart

Send us a textTax Notes reporter Andrew Velarde discusses the penalty dispute in Farhy v. Commissioner and the case’s implications for other penalties and future refund decisions. For additional coverage, read these articles in Tax Notes:In Farhy’s Wake, Taxpayer Advocate Renews Call for Penalty ChangeFallout From Farhy on Assessable Penalties Could Be ExtensiveIRS Lacks Assessment Authority for Information Return PenaltiesInformation Return Penalty Assessment Controversy Still SwirlsInformation Return Penalty Assessment Fight Coming to a HeadFollow us on Twitter:David Stewart: @TaxStewTax Notes: @TaxNotes***CreditsHost: David D. StewartExecutive Producers: Jasper B. Smith, Paige JonesShowrunner and Audio Engineer: Jordan ParrishGuest Relations: Alexis Hart

Send us a textProfessor Kathleen Claussen of Georgetown Law discusses how the proposed regs for the new clean vehicle tax credit affect the EU and other countries without a free trade agreement. For additional coverage, read these articles in Tax Notes:Volkswagen EV Gains Tax Credit EligibilityTreasury Balancing Act on EV Tax Credits Leaves Open QuestionsTaxwriters Criticize Trade Rep on EV Tax Credit TransparencyEU and U.S. Draw Closer to Energy Tax Credit DealEU Steps Up Its Efforts to Match U.S. Inflation Reduction ActFollow us on Twitter:Sarah Paez: @PaezWritesDavid Stewart: @TaxStewTax Notes: @TaxNotes***CreditsHost: David D. StewartExecutive Producers: Jasper B. Smith, Paige JonesShowrunner and Audio Engineer: Jordan ParrishGuest Relations: Alexis Hart

Send us a textProfessor Samuel Brunson of Loyola University Chicago discusses social media tax scams highlighted in the IRS’s 2023 “Dirty Dozen” list of scams and how to spot this misinformation. For more, read "Be Wary of Tax Advice on Social Media, IRS Warns," in Tax Notes.In our “Editors’ Corner” segment, Robert van Brederode, the founding partner of BrederodeTax LLC, chats about his Tax Notes piece, “Disclosure of Presidential Tax Returns Violates Right to Privacy.” Follow us on Twitter:Cady Stanton: @cady_stantonDavid Stewart: @TaxStewTax Notes: @TaxNotes**This episode is sponsored by Practising Law Institute. For more information, visit pli.edu/taxplanning23.***CreditsHost: David D. StewartExecutive Producers: Jasper B. Smith, Paige JonesShowrunner: Jordan ParrishAudio Engineers: Jordan Parrish, Peyton RhodesGuest Relations: Alexis Hart