Talking Tax

Dave Camp, former chairman of the House Ways and Means Committee and now a senior policy adviser for PricewaterhouseCoopers, joins Talking Tax host Allyson Versprille to discuss how he sees the legislative process playing out for the GOP's tax plan. This episode of Talking Tax was recorded the morning of Nov. 15. Matters involving the Senate and House tax proposals are subject to change.

The Senate tax plan released Nov. 9 and amendments to the House bill (H.R. 1) bring new considerations for tax professionals as Republicans press forward with tax reform efforts. Bloomberg Tax reporter Allyson Versprille hosts this week’s Talking Tax alongside Justin Shafer, a partner and U.S. tax reform leader at Ernst & Young LLP, to discuss what practitioners should look for in the proposal, including revenue considerations, how the plan differs from the House bill, and what could come next in the legislative process. EY tax policy experts Michael Mundaca and Cathy Koch offer their take on what’s ahead.

Lisa Starczewski, of Buchanan Ingersoll & Rooney PC, joins Talking Tax with host Andrea Ben-Yosef to give an overview of the new partnership audit rules and proposed regulations. Starczewski highlights some of the more important aspects of the new partnership audit rules and proposed regulations, points out where the regulations have added new concepts to the rules, alerts practitioners to issues they may have missed, and advises on what practitioners need to do now, especially regarding amending/drafting agreements and educating clients.

The Tax Cuts and Jobs Act (H.R. 1) is here, and with it come several considerations for practitioners if the GOP tax reform effort is successful. Bloomberg Tax's Matthew Beddingfield hosts this week's Talking Tax alongside EY's U.S. Tax Reform Leader Justin Shafer, to discuss what practitioners should look out for in the new bill, including revenue considerations, international impact, and what's to come in the legislative process. EY tax policy experts Michael Mundaca, Jose Murillo, and Cathy Koch offer their take on what's to come.

Congressional Republicans expect to release a tax bill Nov. 1, and House leaders say they want to hold a vote by Thanksgiving. Reporters Colleen Murphy, Kaustuv Basu, and Laura Davison spoke with Talking Tax host Matthew Beddingfield on Oct. 27 about the process once the GOP bill is released, and what the proposed legislation might include.

The Senate has passed a budget that opens the door for Republicans to move forward with their tax plan, possibly in the coming week. Reporters Colleen Murphy, Kaustuv Basu, and Laura Davison spoke with Talking Tax host Matthew Beddingfield on Oct. 20 about GOP tax reform efforts, including what aspects of a tax bill have yet to be agreed on.

The Senate still needs to pass a budget that includes reconciliation instructions before Republicans can move forward with their tax plan in the next few weeks. Reporters Colleen Murphy and Laura Davison spoke with Talking Tax host Matthew Beddingfield about GOP tax reform efforts, including how to raise revenue and finalize policy details that include state and local deductions.

The GOP tax reform framework was released Sept. 27, but questions remain about how the plan will be paid for. Reporters Colleen Murphy and Laura Davison spoke with Talking Tax host Matthew Beddingfield about the plan, and the time crunch the party faces to pass a federal budget and tax bill.

House Ways and Means Committee Chairman Kevin Brady (R-Texas) said details of the GOP's new tax reform plan will be revealed the week of Sept. 25. Reporters Colleen Murphy and Laura Davison spoke with Talking Tax host Matthew Beddingfield about the Republicans' efforts to come together on a unified tax plan while also working to pass a federal budget.

House Ways and Means Committee Chairman Kevin Brady (R-Texas) and House Speaker Paul D. Ryan (R-Wis.)are confident that tax reform will be passed this year. Reporters Colleen Murphy and Laura Davison spoke with Talking Tax host Matthew Beddingfield about the GOP's time crunch for implementing its new tax plan and what needs to be accomplished before midterm elections.