Congressman Kildee on Expanding the EV Tax Credit
A federal tax credit has played a big role in speeding adoption of electric vehicles and plug-in hybrids, offering consumers up to $7,500 off their year-end tax bill if they buy a qualifying vehicle. ...
3 Juni 202117min
Pioneering Black CPA Reflects on His Long Career
A few weeks ago, a Talking Tax listener reached out about an episode from last summer that focused on why so few CPAs are Black. Lynnwood G. Campbell's stories from a more than 40-year-long career in ...
27 Maj 20218min
Red Hot SPAC Market Cools After Accounting Warning
The market for special-purpose acquisition companies, or SPACs, was all the rage over the last year, with exponential asset growth in just a few months plus the involvement of celebrities like R&B sin...
20 Maj 202113min
Biden, Yellen Inject New Life Into Global Tax Talks
The Biden administration has given a boost to a years-long effort toward global agreement on digital tax rules as negotiators work to strike a deal in the coming months. Since she took office, Janet Y...
13 Maj 202115min
New York Democrat Suozzi Takes on the SALT Cap
Rep. Tom Suozzi (D-N.Y.) is among lawmakers from high-tax states who want to repeal the $10,000 cap on deductions for state and local taxes paid. Individuals in Democratic states like New York and Cal...
6 Maj 202115min
Wealth Advisers Grapple With Latest Biden Tax Plan
President Joe Biden this week outlined his plan to increase taxes on wealthy individuals as a way to pay for investments in childcare and education. An almost doubling of the federal capital gains tax...
29 Apr 202114min
Supreme Court to Weigh in on State Charity Oversight
The U.S. Supreme Court will consider a case Monday involving a California law requiring nonprofits to disclose the identities of their major donors to state officials. Americans for Prosperity Foundat...
22 Apr 202112min
Pandemic-Challenged IRS in Line for Big Funding Boost
It has been a challenging year for the IRS, which is dealing with yet another prolonged tax-filing season while also distributing pandemic relief payments to hundreds of millions of people. Those chal...
15 Apr 202119min
