What the Changing IRS Workforce Means for Taxpayers
Talking Tax2 Huhti 2025

What the Changing IRS Workforce Means for Taxpayers

The hard-charging effort led by billionaire Elon Musk to reshape the federal workforce at the IRS and other agencies might lead to lasting changes. But what it means for taxpayers still isn't fully realized. Some efforts to buy out or fire employees have been postponed until after the filing season ends in April, and are facing legal action. Ending taxpayer assistance center leases and reducing the number of taxpayer assistance staff who can answer phones will mean backsliding in improved service levels, former National Taxpayer Advocate Nina Olson warns. On this episode of Talking Tax, Olson talks to Bloomberg Tax reporter Chris Cioffi about the potential for brain drain at the agency amid a wave of resignations and whether major upheaval might lead to an erosion in taxpayer trust. They also tackle the danger of taxpayer data privacy violations as Musk's Treasury Department team gains access to the department's payment systems. Do you have feedback on this episode of Talking Tax? Give us a call and leave a voicemail at 703-341-3690.

Jaksot(430)

How Amazon Storage Impacts Sellers' Tax Compliance

How Amazon Storage Impacts Sellers' Tax Compliance

Online retailers that rely solely on third-party logistics providers like Amazon for tax compliance may still face tax liability for direct sales through their own websites. Many states enacted market...

23 Joulu 202414min

Ex-IRS Head Rettig Warns of Agency Funding Cut Effects

Ex-IRS Head Rettig Warns of Agency Funding Cut Effects

A new White House administration and Republican-led Congress are slated to disrupt how the IRS operates. Republicans' taste for cuts to the agency's annual appropriations and the tens of billions of a...

18 Joulu 202413min

Fuel Producers Prep for Tax Credit Without IRS Rules

Fuel Producers Prep for Tax Credit Without IRS Rules

Fuel producers are trying to prepare for a tax credit regime change, even though the Treasury Department has failed to issue rules around those credits. The clean fuel production tax credit under Sect...

11 Joulu 202413min

US Companies Ready International Tax Asks in 2025 Bill

US Companies Ready International Tax Asks in 2025 Bill

US companies are ramping up their efforts to lobby Congress on the international tax provisions they'd like to see in a comprehensive 2025 tax bill.   Among their priorities is retaining the current r...

4 Joulu 202413min

What GOP Election Wins Could Mean for Trump Tax Cuts

What GOP Election Wins Could Mean for Trump Tax Cuts

The re-election of Donald Trump and Republican sweep in Congress makes an extension of the 2017 GOP tax cuts more likely, but there will be hurdles. Republicans want to use a fast-track process to mov...

20 Marras 202410min

IRS Audits of Intercompany Transactions Build Steam

IRS Audits of Intercompany Transactions Build Steam

The IRS is winning more cases in the US Tax Court over companies' valuation of intangible assets, such as patents and trademarks, through transfer pricing. The wins have caught the attention of compan...

13 Marras 202418min

What Trump Victory Holds for IRS, Upcoming Tax Talks

What Trump Victory Holds for IRS, Upcoming Tax Talks

The nation is unpacking what comes next with Donald Trump's second presidency and with a Senate that flipped from Democratic to Republican. One of the biggest questions that remains unanswered is how ...

6 Marras 20249min

California Explores Relaxing CPA Education Rules

California Explores Relaxing CPA Education Rules

California regulators are prepared to walk away from strict licensing rules that require accountants to earn the equivalent of five years of college to qualify. The California Board of Accountancy has...

29 Loka 202419min

Suosittua kategoriassa Politiikka ja uutiset

uutiscast
aikalisa
rss-ootsa-kuullut-tasta
politiikan-puskaradio
ootsa-kuullut-tasta-2
tervo-halme
viisupodi
rss-podme-livebox
rss-asiastudio
rikosmyytit
the-ulkopolitist
et-sa-noin-voi-sanoo-esittaa
otetaan-yhdet
radio-antro
rss-sanna-ukkola-show-verkkouutiset
io-techin-tekniikkapodcast
aihe
rss-tasta-on-kyse-ivan-puopolo-verkkouutiset
rss-kyselytunti
rss-tekkipodi