221 episodes

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, lawyers, and journalists. From the courts to Capitol Hill to the IRS, Talking Tax has it covered.

Talking Tax Bloomberg Tax

    • News
    • 3.8 • 77 Ratings

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, lawyers, and journalists. From the courts to Capitol Hill to the IRS, Talking Tax has it covered.

    Kevin Brady Has Big Plans for Last Year in Congress

    Kevin Brady Has Big Plans for Last Year in Congress

    Kevin Brady, the top Republican on the powerful House Ways and Means Committee, is planning one final legislative push before he retires at the end of this Congress.
    During the Trump administration, the Texan was instrumental in shepherding the Republican-led 2017 tax law and working across the aisle on a retirement policy overhaul. An outspoken fan of the Houston Astros, Brady has also been a longtime cornerstone for the GOP in the annual Congressional Baseball Game.
    On the latest episode of our weekly Talking Tax podcast, Brady discusses his impending retirement, the legislation he hopes to advance before he leaves, and his thoughts on how to make the IRS more customer friendly.

    Do you have feedback on this episode of Talking Tax? Give us a call and leave a voicemail at 703-341-3690.

    • 21 min
    Poor IRS Phone Service Among Many Tax Season Hurdles

    Poor IRS Phone Service Among Many Tax Season Hurdles

    Tax preparers are bracing for another frustrating filing season as the IRS warns of unprecedented challenges driven by the pandemic and staffing shortages.
    The IRS is facing some major issues ahead of the Jan. 24 launch of tax season. The agency entered the new year with millions of unprocessed paper tax returns and has long struggled to keep up with a deluge of phone calls from people and tax pros looking for assistance.
    National Taxpayer Advocate Erin Collins recently described the agency's telephone service as "the worst it has ever been." The IRS only answered about 11% of the 282 million phone calls it received in fiscal 2021—and those who did get through spent more time than ever on hold.
    St. Louis-based tax practitioner Jan Roberg is the guest on the latest episode of our weekly Talking Tax podcast. Roberg speaks with Bloomberg Tax reporter Kaustuv Basu about the upcoming tax filing season, offers advice to taxpayers on how to best communicate with the IRS, and shares thoughts on what Congress can do to improve the agency's customer service.

    Have feedback on this episode of Talking Tax? Give us a call and leave a voicemail at 703-341-3690

    • 13 min
    'Great Resignation' Hitting Accounting Industry Hard

    'Great Resignation' Hitting Accounting Industry Hard

    A severe talent shortage caused by the "Great Resignation" will be the most important issue affecting accounting work in 2022, according to three senior accountants.
    Labor shortages, along with a loss of institutional knowledge, will cause problems not only at the firms accountants are auditing, but within the accounting firms themselves. Given how widespread this phenomenon is across different sectors, it's a problem that can't necessarily be solved with higher salaries and bonuses.
    On today's Talking Tax podcast, Bloomberg Tax's Amanda Iacone speaks with three accountants about what they expect will be driving their profession in 2022. In addition to the Great Resignation, they also talk about complying with new sustainability reporting rules and the prospect of new rules coming from the Financial Accounting Standards Board.

    Have feedback on this episode of Talking Tax? Give us a call and leave a voicemail at 703-341-3690

    • 12 min
    What's In Store for IRS 2022 Enforcement Agenda

    What's In Store for IRS 2022 Enforcement Agenda

    Tax pros are keeping a close eye on Capitol Hill negotiations, with the Internal Revenue Service's 2022 enforcement agenda dependent on how much money Congress gives it to do the job.
    The Biden administration wants to give the IRS a funding increase for fiscal 2022, plus an additional $80 billion in funding over a decade as part of its stalled tax and social spending package. The goal: give the agency extra resources so it can more aggressively crack down on tax evasion.
    On today's episode of weekly Talking Tax podcast, two tax enforcement professionals discuss what the new year may have in store at the IRS' enforcement arm. Michelle Levin, a shareholder at Dentons, and Alina Solodchikova, a principal at RSM US, talk about where they think the agency's enforcement targets will be—everything from microcaptive insurance and conservation easements to cryptocurrency.

    Have feedback on this episode of Talking Tax? Give us a call and leave a voicemail at 703-341-3690

    • 11 min
    Diversifying Tax Proving Much Harder Than Expected

    Diversifying Tax Proving Much Harder Than Expected

    Corporate tax departments and accounting firms haven't had much success in diversifying their workforce in recent years, a recent Bloomberg Tax survey shows.
    The survey data show that while corporate tax departments have seen an increase in the number of female managers over the past four years, overall the tax industry's race and gender demographics still aren't representative of the general population when it comes to high-level jobs.
    On today’s episode of our weekly podcast, Talking Tax, we speak with Katrina Welch, North America director of tax at Gordon Food Service, and Melinda Phelan, a partner at Baker & McKenzie LLP. Welch and Phelan speak with reporter David Hood about the survey and explain why even when senior leaders are committed to diversity and inclusion, actual change may take time and better strategies.

    Have feedback on this episode of Talking Tax? Give us a call and leave a voicemail at 703-341-3690.

    • 20 min
    Crypto Exchanges Enlisted by IRS as Ally in Tax Fight

    Crypto Exchanges Enlisted by IRS as Ally in Tax Fight

    Cryptocurrencies had a big year in 2021, with the asset class drawing in over $2.2 trillion of value. However, these gains have drawn scrutiny from tax authorities.
    The U.S. in particular has made efforts in recent months to develop rules that would require cryptocurrency exchanges to track the activity of traders to assess their tax compliance.
    On today’s episode of our weekly podcast, Talking Tax, we hear from Sulolit "Raj" Mukherjee, head of tax for Binance U.S., the largest cryptocurrency exchange in the world. He talks to Bloomberg Tax's Hamza Ali about what the new rules mean for exchanges and the traders that use them. He also discusses the global effort by the OECD to harmonize reporting requirements for crypto exchanges worldwide.

    Have feedback on this episode of Talking Tax? Give us a call and leave a voicemail at 703-341-3690.

    • 13 min

Customer Reviews

3.8 out of 5
77 Ratings

77 Ratings

BHD #10 ,

EV credit - both sides of the debate

Will you have a part II episode on the EV credit that discuss the point of view from the Republicans side? I think it would be beneficial to learn about this topic from both sides of the aisle. Thanks.

SomethingWitty11 ,

Keep it focused on tax

People get enough of the ultra woke mandatory training at the office, so they probably aren’t going to voluntarily listen to it here. I would think you want to keep it “tax technical” to keep your listener base in tact… just a suggestion.

roz1bug ,

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.

Top Podcasts In News

Tortoise Media
The New York Times
The Daily Wire
NPR
Deuxmoi & Cadence13
The Daily Wire

You Might Also Like

Damien R. Martin, CPA
Tax Notes
PwC
Steve Bragg
Mike Jesowshek, CPA
Deloitte US