Talking Tax, from Bloomberg Tax, is a weekly discussion of the most pressing issues facing tax and accounting professionals. Each week the podcast features discussions with lawmakers, federal regulators, practitioners, and journalists. From the courts to Capitol Hill to the IRS, Talking Tax has it covered. Hosts: Siri Bulusu and Amanda Iacone.
Biden IRS Will Face Stark Inequity in Audit Targets
Research from former IRS economist Kim Bloomquist made waves last year when he found that the agency's audits of low-wage Earned Income Tax Credit filers has been going up while audits of high-income earners have been going down.
Bloomquist joins us on our weekly podcast, Talking Tax, to discuss why this has been happening and how—or even whether—the Biden administration will attempt to tackle this problem.
Businesses all across the country have been shutdown for days, weeks, or even months at a time due to the coronavirus pandemic. Many assumed their insurance policies would help them defray some of their lost revenue. But those assumptions were, by and large, wrong.
In this special audio documentary, “Business, Interrupted” we look at why insurers denied the claims of their shuttered policyholders. A team of reporters from Bloomberg Law and Bloomberg Tax look into the so-called “virus exclusion” clauses, that insurers quietly inserted into many of their business policies, and how those clauses are now creating strife between insurers and businesses.
We hear from several small business owners across the country about the shock they felt when their pandemic claims were denied, in some cases within hours after filing. We also hear from regulators and lawmakers about whether they will force insurers to retroactively honor these claims, a possibility that insurers view as an existential threat to their entire industry.
--With assistance from Lydia Beyoud, Evan Weinberger and, David Hood
Biden's Tax Policy Vision May Never Be Realized
President-elect Biden's plans to reshape tax policy, including the roll back of several provisions from the 2017 Tax Cuts and Jobs Act, may be partially or fully thwarted if Republicans hold onto the Senate.
That's according Colin Wilhelm, a Bloomberg Tax reporter who covers Capitol Hill. Colin joins host Amanda Iacone on our weekly podcast, Talking Tax, to talk about what a Biden administration would try to do on taxes and whether it can succeed. Colin also talks about the shortlist of potential nominees to head the Treasury Department and why it's likely we'll see the U.S.'s first female Treasury Secretary next year.
Audit Reform Stalls as UK Limps From Crisis to Crisis
A series of auditing scandals in the U.K. made it seem like a fait accompli that we'd see major legislation forcing auditors to be more independent. But 2020's unending string of crises means Parliament has been unable to devote attention to this difficult issue.
On this episode of our weekly podcast, Talking Tax, host Amanda Iacone speak with Bloomberg Tax U.K. correspondent, Michael Kapoor, about why the push to overhaul the British auditing industry is stalling and about what this means for the industry's handful of big firms.
Can NCAA Get in on Sports Betting and Be Tax Exempt?
The NCAA used oppose the legalization of sports betting. But, now that it's lost that fight at the Supreme Court, the collegiate athletic association has decided to cash in on the trend.
On this episode of our weekly podcast, Talking Tax, host Jeff Leon talks with reporter Sam McQuillan about the NCAA's decision to allow colleges to enter into endorsement deals with sports betting companies. Sam also talks about about how the schools' tax exempt statues makes these types of deals with gambling companies tricky to hash out.
Stakes High as Global Digital Tax Talks Go Into 2021
The 137 countries trying to forge a global approach to taxing multinational companies are behind schedule, hobbled by the pandemic and by disagreements about dozens of issues large and small. And the U.S., home of many corporate giants, has objections.On this episode of our weekly podcast, Talking Tax, host Amanda Iacone talks with Bloomberg Tax reporter Isabel Gottlieb about why these international negotiations are flailing and what could happens as a result if they collapse altogether.
Customer ReviewsSee All
Topic is okay, audio quality is poor
To me, the audio quality seems low. I would enjoy this podcast a lot more if the audio sounded better to me.
Color blind IRS episode
Per the interview “there is no list of adults in the US”. Actually, that’s called the census. Yes the service should be blind. Tax returns should not be a demographic survey it should be about paying your taxes.