Tax Notes Talk

Send us a textSusan 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 DisparitiesRefundable Credit Audits Should Reflect Equity, GAO SaysData Could Help IRS Evaluate ‘Racialized Burdens’Tax Prep Industry Bashes ‘Outdated’ EITC ReportRetail Tax Prep Companies Accused of Targeting MinoritiesGAO Finds $22 Billion Sent in Error for Earned Income Tax CreditFollow us on Twitter:Alex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 textAlysse 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 NextIRA Energy Credits, Part 1: History and Early GuidanceFor more coverage, read these articles in Tax Notes:IRS Guidance Amps Up Clean Electricity Tax Credit FlexibilityAnalysis: A Trap for the Unwary Purchaser of an IRA CreditFollow 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 textMonte 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 MissileAnalysis: Assets-Over Merger Blunders on Negative AdjustmentsFollow 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 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 ChargeTax May Still Come to Bat in Saga of Ohtani’s TranslatorCalifornia Proposal Would Urge Congress to Block Ohtani-Type Deferred PayOhtani's Dodgers Contract Draws California Controller's IreFollow 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 textLibin 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 TaxA Recap of SCOTUS Oral Arguments in Moore v. United StatesFor additional coverage, read these articles in Tax Notes:Late Chevron Challenge to Split-Dollar Regs Falls FlatStates Are Moving Away From Judicial Deference, Practitioners SayPost-Arguments, Moore Effect on Wealth Tax Still Up for DebateGovernment May Have Upper Hand in Moore, but Court May Go NarrowFollow 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 textMary 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 PlansThe Employee Retention Credit: Scams and SuccessesFor additional coverage, read these articles in Tax Notes:Pandemic Relief Fraud Scheme Shut Down, TIGTA SaysIRS Leaves Door Open to Resume ERC Voluntary DisclosureERC Voluntary Disclosure Program Barrels Toward Uncertain EndERC Abuse Revives Debate Over Contingency FeesIRS ERC Audits Undergo Changes as They Get OlderFollow us on Twitter:Lauren Loricchio: @LaurenLoricchioDavid 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 textProfessor 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: @TaxStewTax Notes: @TaxNotes**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.***CreditsHost: David D. StewartExecutive Producers: Jasper B. Smith, Paige JonesShowrunner: Jordan ParrishAudio Engineers: Jordan Parrish, Peyton RhodesGuest Relations: Alexis Hart

Send us a textFrank 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 FlatStates Are Moving Away From Judicial Deference, Practitioners SayPetitioner Asks SCOTUS to Hold Case Until Chevron Is DecidedA Look Ahead: Penalty Approval Issues Likely Won’t Be Solved Through RegsFollow us on Twitter:MK Browne: @mk_browne10David Stewart: @TaxStewTax Notes: @TaxNotes**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. ***CreditsHost: David D. StewartExecutive Producers: Jasper B. Smith, Paige JonesShowrunner: Jordan ParrishAudio Engineers: Jordan Parrish, Peyton RhodesGuest Relations: Alexis Hart

Tax Analysts' chief economist Martin Sullivan discusses the impact of the Tax Cuts and Jobs Act, the Congressional Budget Office's projections on tax policy, and the challenges of U.S. fiscal policy. Topics include regressive effects of tax cuts, strategies to address the deficit, and upcoming tax analysis in Tax Notes magazines.

Send us a textTax Notes contributing editor Nana Ama Sarfo discusses the SEC’s recently released carbon pricing disclosure rules and their reception from the business community.  For additional coverage, read Sarfo's article in Tax Notes, "Examining the SEC’s Simpler Carbon Pricing Disclosure Rules."Follow us on Twitter:Nana Ama Sarfo: @nanaama_sarfoDavid Stewart: @TaxStewTax Notes: @TaxNotes**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.***CreditsHost: David D. StewartExecutive Producers: Jasper B. Smith, Paige JonesShowrunner: Jordan ParrishAudio Engineers: Jordan Parrish, Peyton RhodesGuest Relations: Alexis Hart