Podcasts about irs commissioner

What happens when venture capitalists spend billions on AI but need customers to buy it? In this episode, Blake and David explore how investment firms are now purchasing accounting firms to force-feed AI adoption, comparing it to Pepsi buying restaurants to sell more soda. They also dig into the massive gap between AI promises and reality, questioning bold claims that 80% of tax prep is now automated while basic bookkeeping tools still make obvious errors. You'll learn about the AICPA's surprising neutrality on eliminating the PCAOB, Billy Long's confirmation as IRS commissioner despite his controversial past, and why accountant optimism has plummeted 58 points in just four months. Plus, discover how Miley Cyrus hid drug purchases from her accountant and why audit reports get downloaded only 30 times despite millions of investors.SponsorsOnPay - http://accountingpodcast.promo/onpayRelay - http://accountingpodcast.promo/relay Keeper - http://accountingpodcast.promo/keeperPayhawk - http://accountingpodcast.promo/payhawkChapters(00:57) - Updates from AICPA Engage (01:45) - AI in Accounting: Hype vs Reality (03:38) - The Future of the PCAOB (13:52) - The Role of Technology in Accounting (29:15) - Miley Cyrus' Financial Deception (29:56) - Miley Cyrus' Vintage Clothing Purchases (30:32) - Accountant's Responsibility in Client Purchases (32:11) - Billy Long Confirmed as IRS Commissioner (33:03) - Controversial Tribal Tax Credits (36:51) - Elon Musk's Opposition to the Big Beautiful Bill (46:06) - Accounting Firms' Optimism and AI Adoption (49:29) - Conclusion and Sponsor Messages  Show NotesCPAacademy 2025 AI and Accounting Report https://www.cpaacademy.org/resources/ai-accounting-report-2025How to Reimagine Audit Quality Beyond the PCAOB https://www.cpajournal.com/2025/01/15/reimagining-audit-quality-beyond-pcaob/Inflow Survey: 70% of US Businesses Open to Switching Audit Firms https://www.inflowaudit.com/resources/audit-firm-switching-survey-2025Gian Porzio LinkedIn Post on Tribal Tax Credit Investigation https://www.linkedin.com/posts/gianporzio_tribal-tax-credits-investigation-billy-longEconomist-YouGov Poll on Big Beautiful Bill Public Opinion https://www.economist.com/graphic-detail/2025/06/13/americans-support-musk-criticism-trump-tax-billCBO Analysis of Big Beautiful Bill Wealth Transfer Effects https://www.cbo.gov/publication/61234Avalara 2025 Accountants Confidence Report https://www.avalara.com/us/en/resources/reports/2025-accountants-confidence-report.htmlCenter for Audit Quality Audit Partner Pulse Survey https://www.thecaq.org/audit-partner-pulse-survey-2025European Business Travel to US Drops 25% in April https://www.businesstravelnews.com/Management/European-Business-Travel-US-Drops-Tariff-ConcernsXero 2025 State of the Industry Report https://www.xero.com/us/resources/small-business-insights/state-of-industry-report-2025/Indiana CPA Society Survey on Firm Headcount Predictions https://www.incpas.org/resources/surveys/firm-headcount-predictions-2025BDO $1 Billion AI Strategy Investment Announcement https://www.bdo.com/insights/business-financial-advisory/technology/bdo-ai-strategy-investmentRSM $1 Billion AI Investment Plan https://rsmus.com/insights/rsm-ai-investment-strategy-2025Create Professional Alliance CPA $500 Million Investment Plan https://www.createprofessionalalliance.com/investment-strategyThrive Capital $1 Billion OpenAI Investment Details https://www.techcrunch.com/2024/08/15/thrive-capital-openai-investment-billionGeneral Catalyst Accrual AI Startup and Accounting Firm Acquisitions https://www.generalcatalyst.com/portfolio/accrual-ai-accounting-vertical-integrationNeed CPE?Get CPE for listening to podcasts with Earmark: https://earmarkcpe.comSubscribe to the Earmark Podcast: https://podcast.earmarkcpe.comGet in TouchThanks for listening and the great reviews! We appreciate you! Follow and tweet @BlakeTOliver and @DavidLeary. Find us on Facebook and Instagram. If you like what you hear, please do us a favor and write a review on Apple Podcasts or Podchaser. Call us and leave a voicemail; maybe we'll play it on the show. DIAL (202) 695-1040.SponsorshipsAre you interested in sponsoring The Accounting Podcast? For details, read the prospectus.Need Accounting Conference Info? Check out our new website - accountingconferences.comLimited edition shirts, stickers, and other necessitiesTeePublic Store: http://cloudacctpod.link/merchSubscribeApple Podcasts: http://cloudacctpod.link/ApplePodcastsYouTube: https://www.youtube.com/@TheAccountingPodcastSpotify: http://cl...

Sen. Alex Padilla (D-CA) is forcibly removed from a news conference in Los Angeles being held by Homeland Security Sec Kristi Noem on federal immigration enforcement operations; three Democratic governors testify before U.S. House Oversight Committee about sanctuary policies to limit local cooperation with Immigration & Customs enforcement; U.S. House passes a bill to rescind $9.4 billion in federal spending on foreign aid and money to support National Public Radio (NPR) and the Public Broadcasting Service (PBS); Senate confirms a new IRS Commissioner, former Rep. Billy Long (R-MO); President Donald Trump signs bills overturning California's rules mandating electric vehicle sales and setting tailpipe emissions standards; President Trump is asked about reports Israel may soon attack Iran. Learn more about your ad choices. Visit megaphone.fm/adchoices

A couple of January 6th rioters lose big in court.Trump's DoJ opens an investigation into Andrew Cuomo. Trump's pick for IRS Commissioner follows a bunch of porn accounts on Twitter.DoJ drops the charges against Mayor Ras Baraka.Harry is out and about; Andy McCabe is filling in. Allison Gillhttps://muellershewrote.substack.com/https://bsky.app/profile/muellershewrote.comHarry DunnHarry Dunn | Substack@libradunn1.bsky.social on BlueskyWant to support this podcast and get it ad-free and early?Go to: https://www.patreon.com/aisle45podTell us about yourself and what you like about the show - http://survey.podtrac.com/start-survey.aspx?pubid=BffJOlI7qQcF&ver=short

President Donald Trump meets with House Republicans on the Budget Reconciliation bill, urging those opposed to accept what is being offered and not to push for additional spending cuts or more state & local tax deduction, but it is uncertain whether he convinced enough for the bill to pass this week; Rep. LaMonica McIver (D-NJ) says felony charges she is facing for allegedly  assaulting a federal  law enforcement officer outside an immigration detention facility are "purely political"; Secretary of State Marco Rubio defends the President's foreign policy before the Senate Foreign Relations Committee, as Sen Chris Van Hollen (D-MD) says he regrets voting to confirm him; President Trump and Defense Secretary Pete Hegseth announce plans for a U.S. missile defense shield the president calls the Golden Dome; IRS Commissioner nominee Billy Long is asked at Senate Finance Committee confirmation hearing about allegations he was paid to refer friends to a company that sold tax credits that the IRS says do not exist; White House press secretary Karoline Leavitt, in celebration for "Take Our Sons & Daughters to Work Day", fields questions from the children of reporters and White House staff. Learn more about your ad choices. Visit megaphone.fm/adchoices

Episode 60 Enforcement Priorities of the Second Trump Administration: Employee Retention Tax Credit Five years and two presidential administrations later, tensions remain — with the IRS and tax credit applicants — over the pandemic-era Employee Retention Tax Credit (ERC). While the IRS has been continuing a Biden-era restrictive policy, a new mandate may be coming when a new IRS Commissioner is confirmed. Fox attorneys Brian Bernhardt and Jonathan Wasser join host Matt Adams for a comprehensive look at the current state of the ERC. They also discuss Billy Long — the current IRS commissioner nominee — and how his background may shape his plans for the agency's approach to the ERC. Brian and Jonathan also forecast what's likely to come for the IRS and the ERC in light of staffing reductions.

Pope Francis passes away from stroke and heart failure, setting the stage for a historic conclave to choose his successor. The White House pushes back on reports of dysfunction in the Defense Department as Secretary Hegseth faces renewed scrutiny over leaked Signal chats and internal Pentagon shakeups. Gary Shapley removed as acting IRS Commissioner days after taking the job, amid behind-the-scenes infighting at Treasury and pushback over his surprise appointment.Herald Group: Learn more at https://GuardYourCard.com120Life: Go to https://120Life.com and use code MK to save 15%

Monday, April 21st, 2025Today, the Supreme Court has temporarily blocked the Trump administration from flying another group of Venezuelan nationals to El Salvador; Senator Van Hollen secured a meeting with Abrego Garcia during his trip to El Salvador; In the fallout from the disastrous continuing resolution voted on to advance by ten Senate Democrats has left DC in the lurch; the FDA is preparing to end food safety inspections; women and minorities were targeted in a National Institutes of Health purge; a U.S.-born man from Georgia is being held for ICE under Florida's new anti-immigration law; Marco Rubio admits the Trump administration can't end the war in Ukraine; Immigrants prove they're alive forcing the Social Security Administration to remove them from the death file; Trump's IRS Commissioner has been replaced, again; a judge has ordered the return of Tufts student Rumyesa Ozturk from Louisiana to Vermont; A federal judge has ruled the Trump administration's policy eliminating the nonbinary option for passport holders is likely an equal protection violation; the Wisconsin Supreme Court has ruled that Governor Evers can go ahead with his 400 year plan for funding schools; another three of Kegseth's top aides have been fired; Trump officials claim their attack on Harvard was a mistake; Arizona Governor Katie Hobbs has vetoed a bill requiring local law enforcement to assist ICE; the six men that forcibly removed Dr. Teresa Borrenpohl from a Coeur d'Alene town hall have been arrested and charged; and Allison and Dana deliver your Good News.Thank You, DeleteMeFor 20% off your DeleteMe subscription go to Deleteme.com/dailybeans code dailybeansPOLITICAL VOICES NETWORK PRESENTS:  Not The White House Correspondents' Dinner Live PPV April 26, 2025 9pm | MeetHook.liveStories:FDA making plans to end its routine food safety inspections, sources say | CBS NewsWomen, minorities fired in purge of NIH science review boards | The Washington PostU.S.-born man from Georgia held for ICE under Florida's new anti-immigration law | Georgia RecorderSome immigrants labeled dead by Social Security are being reinstated - The Washington PostTrump to pull acting IRS commissioner Gary Shapley after only 3 days | The Washington PostRubio Says U.S. to Decide in Days if End to War in Ukraine Is ‘Doable' | The New York TimesThree Hegseth aides ousted in leak investigation decry 'baseless attacks' | AP NewsTrump Officials Blame Mistake for Setting Off Confrontation With Harvard | The New York TimesArizona governor vetoes bill requiring local officials to help with federal immigration efforts | AP NewsCourt Rules Rümeysa Öztürk's Lawsuit Should Move Forward in Vermont and Orders ICE to Transfer Her Back to New England | American Civil Liberties UnionJudge temporarily blocks Trump administration from making changes to passport gender markers | AP News via CBS Wisconsin Supreme Court Says Governor's 400-Year Edit Was Within Veto Authority - The New York TimesSix men charged after forcibly removing woman from North Idaho town hall | Idaho News 6Good Trouble:The EPA and Department of the Army are currently exploring changing the definition of water - they're open for comment until April 23rd. Please submit comments asking for ALL water to be protected.Implementation of the Definition of Waters of the United StatesFind Upcoming Actions - 50501 MovementFederal workers - feel free to email me at fedoath@pm.me and let me know what you're going to do, or just vent. I'm always here to listen. Check out other MSW Media podcastsShows - MSW MediaCleanup On Aisle 45 podSubscribe for free to MuellerSheWrote on SubstackThe BreakdownFollow AG and Dana on Social MediaAllison Gill Substack|Muellershewrote, BlueSky|@muellershewrote, Threads|@muellershewrote, TikTok|@muellershewrote, IG|muellershewrote, Twitter|@MuellerSheWroteDana GoldbergBlueSky|@dgcomedy, IG|dgcomedy, facebook|dgcomedy, danagoldberg.com, Twitter|@DGComedyShare your Good News or Good Trouble:dailybeanspod.com/goodFrom The Good NewsJesspiper.substack.comImplementation of the Definition of Waters of the United StatesChenango Change | Facebook Group@chenangochange.bsky.social on Bluesky Federal workers - feel free to email me at fedoath@pm.me and let me know what you're going to do, or just vent. I'm always here to listen.Share your Good News or Good Trouble:https://www.dailybeanspod.com/good/ Check out other MSW Media podcastshttps://mswmedia.com/shows/Subscribe for free to MuellerSheWrote on Substackhttps://muellershewrote.substack.comFollow AG and Dana on Social MediaDr. Allison Gill Substack|Muellershewrote, BlueSky|@muellershewrote , Threads|@muellershewrote, TikTok|@muellershewrote, IG|muellershewrote, Twitter|@MuellerSheWrote,Dana GoldbergTwitter|@DGComedy, IG|dgcomedy, facebook|dgcomedy, IG|dgcomedy, danagoldberg.com, BlueSky|@dgcomedyHave some good news; a confession; or a correction to share?Good News & Confessions - The Daily Beanshttps://www.dailybeanspod.com/confessional/ Listener Survey:http://survey.podtrac.com/start-survey.aspx?pubid=BffJOlI7qQcF&ver=shortFollow the Podcast on Apple:The Daily Beans on Apple PodcastsWant to support the show and get it ad-free and early?Supercasthttps://dailybeans.supercast.com/Patreon https://patreon.com/thedailybeansOr subscribe on Apple Podcasts with our affiliate linkThe Daily Beans on Apple Podcasts

The American Democracy Minute Radio Report & Podcast for April 21, 2025Former Congressman and Trump Nominee for IRS Commissioner Under Scrutiny for Campaign Finances and Ties to Alleged Tax Credit Scheme A former Missouri Congressman and President Trump's nominee for IRS Commissioner is under scrutiny for a sudden loan repayment for his failed U.S. Senate campaign.  He allegedly has ties to a company promoting nonexistent “tribal tax credits.”Today's LinksArticles & Resources:Missouri Independent - Donald Trump picks Missouri's Billy Long to lead the IRSThe Lever - (Free Registration to Read) Trump IRS Pick Was Just Enriched By Tax SchemersMissouri Independent - Billy Long's bid to lead IRS under scrutiny over donations that paid off personal debt Federal Election Commission -  Billy Long for Senate FEC Filing SummaryFederal Election Commission -  Billy Long for Senate FEC Itemized ReceiptsU.S. Senate Finance Committee - Press Release - Wyden, Cortez Masto Call for Criminal Investigation into Evidence of Fraud by Promoters Affiliated with IRS Nominee Billy LongU.S. Senate Finance Committee - Wyden-Cortez Masto IRS Tribal Tax Credits Letter Groups Taking Action:Citizens for Responsibility and Ethics in Washington, End Citizens United, Issue OneRegister or Check Your Voter Registration:U.S. Election Assistance Commission – Register And Vote in Your StatePlease follow us on Facebook and Bluesky Social, and SHARE! Find all of our reports at AmericanDemocracyMinute.orgWant ADM sent to your email?  Sign up here!Are you a radio station?  Find our broadcast files at Pacifica Radio Network's Audioport and PRX#Democracy  #DemocracyNews #BillyLong #IRSNominee #Corruption #MoneyinPolitics 

Ralph talks about his new book, “Civic Self Respect” which reminds us that our civic lives have different primary roles—not only voter, but also worker, taxpayer, consumer, sometimes soldier and sometimes parent—and how each one offers special opportunities for people to organize to make change. Plus, we welcome back former commissioner of the Internal Revenue Service, John Koskinen, who tells us exactly how the Trump/Musk cabal is both gutting and weaponizing the IRS.John Koskinen served as the IRS Commissioner from 2013 to 2017.This is not a how-to book. It starts at a much more elementary level and therefore should interest a much greater number of people. Because, as I say, if you can expand your civic dimension as a part of your daily role without disrupting the rhythms of your daily life (in fact, actually making them more gratifying and more interesting, less boring), you're on your way.Ralph Nader author of Civic Self-RespectThe people who really fight for justice in this country have to fight for recognition, they have to fight for media, they have to fight an onslaught. And the people who lie and cheat and say the most terrible things and do the most terrible things are really the best-known people in the country. I mean, if you say who are the best-known people in Congress? They're the blowhards, the cruel and vicious people who've said things that are illegal, outrageous against innocent groups here and abroad.Ralph NaderI used to say to the Congress (trying to get appropriations) that the IRS is the only agency where if you give it money, it gives you more money back. Because the more you can actually audit people who aren't paying the proper amount or aren't filing at all, the better off you are. So no one has ever disagreed with that.John KoskinenGoing back a thousand years, tax collectors have never been particularly popular. And so when you talk about the IRS, people say, "Oh, the poor old IRS." In some ways, they don't understand just the points you're making about the impact on them, on the country, of an ineffective IRS going forward. And that's why my thought is this move toward using the IRS to attack people ought to be a way for everyone to say, "You know, I may not love paying taxes, but I certainly don't want the government and the president or the treasury secretary or somebody else ordering an audit of my taxes just because they don't like my political position or what I'm teaching in my course.”John KoskinenRalph Nader's new book Civic Self-respect is available now from Seven Stories Press.News 4/16/251. On Thursday April 17th, Senator Chris Van Hollen of Maryland departed for El Salvador in an effort to personally track down Maryland resident Kilmar Abrego Garcia, an immigrant who was arrested and deported to CECOT, the notorious Salvadoran prison camp, WUSA9 reports. Garcia was legally protected against deportation by a 2019 court order and a Trump administration official admitted in court that he “should never have been on that plane.” Last week, the Supreme Court unanimously ordered that he be returned to the U.S. Van Hollen is quoted saying “You go out, you get disappeared, they say they did it in error, but they're not helping bring you back…it's a very short road to tyranny.” Gracia has not been heard from since he was deported, raising concerns about his health and wellbeing. This comes after ICE Director Todd Lyons said he wanted to see a deportation process “like [Amazon] Prime, but with human beings,” per the Guardian. This episode is among the most chilling in American history and we are less than four months into a four-year term.2. Another gut-wrenching immigration story concerns Palestinian Columbia University student, Mohsen Mahdawi who was tricked, trapped, and abducted by ICE. The Intercept reports “Even before his friend and fellow Columbia activist Mahmoud Khalil was arrested by immigration authorities, Mahdawi asked university administrators to help him find a safe place to live so he would not be taken by ICE agents…The school did nothing.” Then, “After ICE abducted Khalil last month, Mahdawi sheltered in place for more than three weeks for fear of being picked up himself.” So, the immigration authorities apparently devised a scheme. “Instead of taking him off the street…immigration authorities scheduled the citizenship test at the Colchester USCIS office and took Mahdawi into custody when he arrived.” This action is clearly intended not only to capture Mahdawi but to frighten immigrants and discourage them from seeking citizenship through the legal immigration channels for fear of being deported. Not only that, Mahdawi will be sent back to Palestine, which continues to be the target of relentless Israeli bombing. Mahdawi is quoted saying, “It's kind of a death sentence…my people are being killed unjustly in an indiscriminate way.”3. In more international news, CNN reports China has “halted” its deliveries of Boeing planes. According to President Trump, will “‘not take possession' of fully committed to aircraft.” According to CNN, Boeing is particularly vulnerable in a trade war scenario because “Boeing builds all of its planes at US factories before sending nearly two-thirds of its commercial planes to customers outside the United States.” Boeing anticipated China purchasing 8,830 new planes over the next 20 years. The aircraft manufacturer's stock value fell in the wake of this announcement and is unlikely to fully recover unless some accommodation is reached with China.4. On the other side of the trade war, the Trump administration is preparing to roll out steep sectoral tariffs in addition to the country-specific tariffs already announced, per the Washington Post's Jeff Stein. Stein reports these will target imports of various "critical" products, including autos, steel and aluminum, copper, lumber and semiconductors. Yet, likely no sectoral tariff will bite American consumers more than the proposed tariff on pharmaceutical drugs. On April 8th, POLITICO reported that Trump told the RNC he is planning to impose “major” tariffs on pharmaceuticals. FIERCE, a healthcare news service, reports these could be as high as 25%. Coalition for a Prosperous America, an advocacy group opposed to free trade with China, reports that “Over 90% of all Generic Drugs [are] Dependent on Imports.”5. Turning to domestic matters, the Federal Trade Commission is proceeding with their anti-trust case against Facebook. According to the FTC, “The…Commission has sued Facebook, alleging that the company is illegally maintaining its personal social networking monopoly through a years-long course of anticompetitive conduct.” Further, “The complaint alleges that Facebook has engaged in a systematic strategy—including its 2012 acquisition of…Instagram, its 2014 acquisition…WhatsApp, and the imposition of anticompetitive conditions on software developers—to eliminate threats to its monopoly.” According to Ars Technica, “Daniel Matheson, the FTC's lead litigator, [started the trial with a bang] flagg[ing] a "smoking gun"—a 2012 email where Mark Zuckerberg suggested that Facebook could buy Instagram to ‘neutralize a potential competitor.'” It is hard to see how the company could argue this was not anticompetitive corporate misbehavior.6. A dubious tech industry scheme is also underway at the highest levels of the federal government. WIRED reports that the Social Security Administration is shifting their communications exclusively to Elon Musk's X app, formerly known as Twitter. Wired quotes SSA regional commissioner Linda Kerr-Davis, who said in a meeting with managers earlier this week, “We are no longer planning to issue press releases or…dear colleague letters to inform the media and public about programmatic and service changes…Instead, the agency will be using X to communicate to the press and the public … this will become our communication mechanism.” WIRED further reports that, “The regional [SSA] office workforce will soon be cut by roughly 87 percent,” going from an estimated 547 employees to 70. Musk has called Social Security “the biggest Ponzi scheme of all time,” per the AP.7. Over at the National Labor Relations Board, a whistleblower claims Elon Musk and his cronies at DOGE may have extracted data including “sensitive information on unions, ongoing legal cases and corporate secrets,” per NPR. If that wasn't shady enough, “members of the DOGE team asked that their activities not be logged on the system and then appeared to try to cover their tracks…turning off monitoring tools and manually deleting records of their access.” This whistleblower took his concerns to Congress and the U.S. Office of Special Counsel – whistleblower activities that are protected by law – but faced retaliation in the form of someone, “'physically taping a threatening note' to his door that included sensitive personal information and overhead photos of him walking his dog that appeared to be taken with a drone,” clear attempts to intimidate and silence this employee. The Trump administrations have been rife with leaks at every level and instead of responding by addressing the issues raised, the administration has launched a permanent inquisition to plug the leaks by any means.8. In better news, the Independent reports that DOGE itself is finally being subjected to an audit. The audit is being undertaken by the Government Accountability Office at the urging of Congressional leaders after “'alarming' media reports of DOGE infiltrating federal systems,” according to a congressional aide. One DOGE worker has reportedly been identified by as “a 19-year-old high school graduate who was booted from an internship after leaking company information to a rival firm,” raising ever-deeper concerns about the purpose of the “fishing expeditions” DOGE is undergoing at every level of the federal government.9. Another uplifting story comes to us from New York City. In the latest round of public matching fund awards, Zohran Mamdani – the Democratic Socialist candidate surging from obscurity into second place in the polls – was granted nearly $4 million in public matching funds, “the largest single payment to any candidate in the 2025 Democratic mayoral primary race to date,” according to Gothamist. Meanwhile, former Governor Andrew Cuomo was awarded exactly $0. As Jeff Coltin of POLITICO New York explains, “Cuomo's campaign [was] scrambling to get the necessary info from donors to get matched…sending…dire warning to [his] entire email list, rather than…targeted outreach to donors.” If he had collected the necessary information, Cuomo would have been awarded $2.5 million in matching funds, Coltin reports. Cuomo still leads in the polls; as it becomes increasingly clear that Zohran is the only viable alternative, there will be increased pressure on other candidates to throw their support behind him.10. Finally, let's take a peek into the political climate's effect on Hollywood. New York Magazine, in an extensive profile of Warner Brothers-Discovery mogul David Zaslav, includes a piece about Zaslav seeking to ingratiate himself with Trump. According to this report, “a company representative recently reached out to the Trump0 orbit seeking advice about how the company might advantageously interact with the Whitte House.” Their answer: “look at the example of…Jeff Bezos paying Melania Trump $40 million to participate in a documentary about herself. Don Jr. might like a hunting and fishing show on the Discovery Channel, they were told.” Just like the Ivy League universities and the big law firms, if given an inch Trump will take a mile and use it for nothing short of extortion. Hollywood would be wise to steer clear. But wisdom has never been their strength.This has been Francesco DeSantis, with In Case You Haven't Heard. Get full access to Ralph Nader Radio Hour at www.ralphnaderradiohour.com/subscribe

Rich talks about the replacement of the acting IRS Commissioner with Dennis Kneale, former managing editor at Forbes Magazine and author of "The Leadership Genius of Elon Musk." Next, we observe Good Friday in the company of Anthony Fleming, pastor at Church Alive. Later, a look at how the Trump tariffs might affect the A.I. race between the U.S.and China. Mark Beckman is CEO of the award-winning advertising agency DMA United and author of "Some Future Day: How AI Is Going to Change Everything." Learn more about your ad choices. Visit podcastchoices.com/adchoices

Thursday, April 10th, 2025Today, in a move that only everyone could have predicted; Trump has paused the tariffs for 90 days but says he's raising tariffs on China to 125%; judges in New York and Texas issue temporary restraining orders in the Alien Enemies Act cases; a federal judge gave the Trump administration until Wednesday night to show any proof to justify the deportation of Mahmoud Khalil; the Supreme Court has stayed a lower court's order and have effectively re-re-fired Gwynn Wilcox and Cathy Harris; an ex-Facebook employee is set to tell Congress that Zuckerberg compromised National Security; the National Park Service has restored the Underground Railroad and Harriet Tubman web pages; the acting IRS Commissioner has resigned after a data sharing deal with immigration authorities; Abrego Garcia's lawyers file a surreply with the Supreme Court emphasizing how wild it is that the DOJ is disavowing its own lawyers; an appeals court has cleared the way for Trump to fire probationary employees; and Allison and Dana deliver your Good News.Thank You, IQBAR20% off all IQBAR products. Text dailybeans to 64000. Message and data rates may apply. See terms for details. Guest: Paula PoundstoneNobody Listens to Paula Poundstone - PodcastTour • Paula PoundstonePaula Poundstone.comStories:WATCH: Trump ‘simply floated' idea of deporting U.S. citizens, White House's Leavitt says | PBS NewsMelanie Krause: Acting IRS commissioner resigning after agency reaches data-sharing deal with immigration authorities | CNN PoliticsAppeals court clears way for Trump to restart mass firings of probationary workers | POLITICORESPONDENTS' MOTION FOR LEAVE TO FILE SUR-REPLY - PDF | Supreme CourtJudge gives Trump administration deadline to justify Mahmoud Khalil's deportation | The GuardianEx-Facebook employee to tell Congress the company undermined U.S. national security | NBC NewsUnderground Railroad and Harriet Tubman webpage restored by National Park Service | The Washington PostGood Trouble:Today, you can sign a petition to save the NEH - national endowment for the humanities. Millions of dollars in previously awarded federal grants intended for arts and cultural groups across the country are being canceled by the Trump administration. To sign the petition, text SIGN PRFKKF to 50409Find Upcoming Actions - 50501 MovementFederal workers - feel free to email me at fedoath@pm.me and let me know what you're going to do, or just vent. I'm always here to listen. Check out other MSW Media podcastsShows - MSW MediaCleanup On Aisle 45 podSubscribe for free to MuellerSheWrote on SubstackThe BreakdownFollow AG and Dana on Social MediaAllison Gill Substack|Muellershewrote, BlueSky|@muellershewrote, Threads|@muellershewrote, TikTok|@muellershewrote, IG|muellershewrote, Twitter|@MuellerSheWroteDana GoldbergBlueSky|@dgcomedy, IG|dgcomedy, facebook|dgcomedy, danagoldberg.com, Twitter|@DGComedyShare your Good News or Good Trouble:dailybeanspod.com/goodFrom The Good NewsFederal TRIO ProgramsThe Complicit Corruption of the Conservative Supreme Court with Allison GillGo See Dana! - Appearances -Dana GoldbergReminder - you can see the pod pics if you become a Patron. The good news pics are at the bottom of the show notes of each Patreon episode! That's just one of the perks of subscribing! Federal workers - feel free to email me at fedoath@pm.me and let me know what you're going to do, or just vent. I'm always here to listen.Share your Good News or Good Trouble:https://www.dailybeanspod.com/good/ Check out other MSW Media podcastshttps://mswmedia.com/shows/Subscribe for free to MuellerSheWrote on Substackhttps://muellershewrote.substack.comFollow AG and Dana on Social MediaDr. Allison Gill Substack|Muellershewrote, BlueSky|@muellershewrote , Threads|@muellershewrote, TikTok|@muellershewrote, IG|muellershewrote, Twitter|@MuellerSheWrote,Dana GoldbergTwitter|@DGComedy, IG|dgcomedy, facebook|dgcomedy, IG|dgcomedy, danagoldberg.com, BlueSky|@dgcomedyHave some good news; a confession; or a correction to share?Good News & Confessions - The Daily Beanshttps://www.dailybeanspod.com/confessional/ Listener Survey:http://survey.podtrac.com/start-survey.aspx?pubid=BffJOlI7qQcF&ver=shortFollow the Podcast on Apple:The Daily Beans on Apple PodcastsWant to support the show and get it ad-free and early?Supercasthttps://dailybeans.supercast.com/Patreon https://patreon.com/thedailybeansOr subscribe on Apple Podcasts with our affiliate linkThe Daily Beans on Apple Podcasts

Chuck Schumer in 2005 vs. 2025. The IRS Commissioner flees as DOGE continues to audit. See omnystudio.com/listener for privacy information.

Today on America in the Morning   Liberation Day Arrives The Liberation Day reciprocal tariffs President Trump announced last week are set to go into effect today, but the administration indicates some countries are ready to deal. This comes after more losses in the stock market, and Wall Street futures pointing lower again today. John Stolnis has more from Washington.    Budget Trouble For House GOP House Republicans are dealing with more internal turmoil in the effort to come up with a budget plan for the next fiscal year. Correspondent Rich Johnson reports that members of the Conservative Freedom Caucus appear to be holding the line on their opposition to a Senate-led bill.     IRS Commissioner Resigns Within hours of the IRS reaching a compromise that allows the Immigration and Customs Enforcement agency to access tax data, acting-Internal Revenue Service Commissioner Melanie Krause abruptly resigned. Correspondent Marcela Sanchez has details of the IRS-ICE agreement.     Hegseth Talks China In Panama Defense Secretary Pete Hegseth has some tough talk for China in remarks at a US Naval Base near the Panama Canal. Correspondent Clayton Neville reports.    No Special Election For Texas House Seat In Texas, Governor Greg Abbott announced that there will not be an early election to fill the House seat of the late-Congressman Sylvester Turner. The Houston-area Democrat died last month. Abbott said the election to fill his seat will be held on November 4 on the state's Election Day.    Paxton To Primary Cornyn Texas Attorney General Ken Paxton will run for the United States Senate. Paxton, who will vie for the seat currently held by fellow Republican and Texas senior Senator John Cornyn, made the announcement on Fox News.    Judge Says AP Can Return To The White House In a case that has become a First Amendment issue, the Associated Press has won back the right to full coverage of the White House. Lisa Dwyer has details.       Senate Hammers Trump Trade Negotiator A hearing in Congress where senators on both sides of the political aisle demanded answers from President Trump's top trade negotiator. Washington correspondent Sagar Meghani reports that today, a 104 percent tariff on Chinese goods kicks in.     Navarro-Musk Spat The subject of tariffs was also the catalyst for a spat between two high-profile members of the Trump administration that is catching the attention of the White House. Correspondent Clayton Neville has the details of the brouhaha between the face of DOGE and the president's former National Trade Council Director and current trade advisor.    Idaho Shooting Under Investigation A community in Idaho is asking for answers after police responded to a domestic disturbance call, opening fire when a teenager moved toward them armed with a knife. Jennifer King reports on the circumstances surrounding the autistic teen, and conflicting accounts of the events that unfolded from both the police and neighbors who witnessed the incident.     Chinese Troops Found Fighting For Russia Russia launched a drone and missile attack against Kyiv, while Ukrainian forces moved into Russian territory. However, the situation also became murkier, as correspondent Ed Donahue reports on an allegation of Chinese military involvement in the war in Ukraine.     Khalil Case Decision Coming It's expected that a ruling could come as soon as Friday regarding the status of a Columbia University activist currently being held by the Trump Administration and facing deportation. Correspondent Julie Walker reports. More School Funding Cuts The Department of Commerce says it is slicing $4 million in government funding to Princeton University, becoming the latest Ivy League institution to face grant cuts over their school policies.  Learn more about your ad choices. Visit podcastchoices.com/adchoices

Topics include:  DC update: Latest news on bills, budgets, and BOI from Capitol Hill   Technical update: What you need to know to navigate busy season  Top Firms Report: Insights from fastest growing firms & Top 100 report     Speakers:   Erik Asgeirsson, President and CEO, CPA.com  Mark Peterson, EVP, Advocacy, AICPA  Lisa Simpson, VP, Firm Services, AICPA  Dan Hood, Editor-in-Chief, Accounting Today   Charles Rettig, Former Commissioner, IRS

The IRS is in the process of terminating more than 6,000 employees, around six percent of the agency’s workforce, as Elon Musk’s team continues its efforts to cut federal employees. Former IRS leaders who served under both Democratic and Republican presidents have called the mass layoffs a mistake. Laura Barrón-López discussed more with former commissioner Daniel Werfel. PBS News is supported by - https://www.pbs.org/newshour/about/funders

The IRS is in the process of terminating more than 6,000 employees, around six percent of the agency’s workforce, as Elon Musk’s team continues its efforts to cut federal employees. Former IRS leaders who served under both Democratic and Republican presidents have called the mass layoffs a mistake. Laura Barrón-López discussed more with former commissioner Daniel Werfel. PBS News is supported by - https://www.pbs.org/newshour/about/funders

A review of the week's major US international tax-related news. In this edition:  President Trump signs Executive Orders on BEPS project and trade policy – US House Ways & Means Committee Chairman introduces bill to punish countries imposing discriminatory taxes against US companies – President Trump addresses Davos Economic Forum on US taxation – IRS Commissioner resigns effective 20 January.

Trump wants change at the IRS - IRS expert Dan Pilla talks with Bob about what is happening in this era of massive change.

Rounding out 2024, Blake and David tackle tons of accounting news, including bookkeeping startup Bench's shutdown and the ongoing BOI reporting requirements saga. They also examine concerns about IRS Commissioner nominee Billy Long's credentials, including his "Certified Tax and Business Advisor" designation from a three-day seminar. Wrapping up, they review some of 2024's hottest stories, including declining CPA candidates, audit quality issues, and KPMG CEO Paul Knopp's Wall Street Journal op-ed about the "dying language of accounting."SponsorsLiveFlow - http://accountingpodcast.promo/liveflowSuralink - http://accountingpodcast.promo/suralink Cloud Accountant Staffing - http://accountingpodcast.promo/casTaxBandits - http://accountingpodcast.promo/taxbanditsChapters(01:36) - Beneficial Ownership Information Reporting (BOI) (03:39) - Bench Accounting Shutdown (12:35) - Automated Bookkeeping Challenges (18:35) - Tax Fraud Case: The Magician (28:20) - IRS Commissioner Nominee Controversy (33:55) - Tax Refunds and Lifetime Advisors (36:16) - The Dying Language of Accounting (37:44) - CPA Licensure Reform (39:05) - Working Conditions in Accounting (42:28) - Reflecting on 2024: Key Themes and Events (55:34) - AI and the Future of Accounting (01:00:59) - San Francisco's Tax Controversies (01:04:03) - IRS Special Payments and Predictions for 2025 (01:06:25) - Bitcoin and Quantum Computing Risks (01:09:13) - Closing Remarks and CPE Information  Show NotesBench shuts down, leaving thousands of businesses without access to accounting and tax docshttps://techcrunch.com/2024/12/27/bench-shuts-down-leaving-thousands-of-businesses-without-access-to-accounting-and-tax-docs/New York tax preparer called ‘the Magician' charged for tax fraud of $145mhttps://www.theguardian.com/us-news/2024/dec/17/new-york-magician-tax-fraudBilly Long, Trump's Nominee to Lead the IRS, Touts a Credential That Tax Experts Say Is Dubioushttps://www.propublica.org/article/billy-long-irs-trump-certified-tax-business-advisor-missouriHow a Consulting Firm and Trump's I.R.S. Pick Pushed a Problematic Tax Credithttps://www.nytimes.com/2024/12/24/business/billy-long-irs-tax-credit.htmlThe Dying Language of Accountinghttps://www.wsj.com/opinion/the-dying-language-of-accounting-cpa-licensing-fede2e74CPAs Deliberate on the Decline of Accountinghttps://www.wsj.com/opinion/cpas-deliberate-on-the-demise-of-accounting-kpmg-business-language-c0be3e68Most Americans say a salary of $270K deems financial successhttps://www.cfo.com/news/most-americans-say-salary-of-270k-deems-financial-success-gen-z-boomers-inflation/734019/CFPB Sues Walmart and Branch Messenger for Illegally Opening Deposit Accounts for More Than One Million Delivery Drivershttps://www.consumerfinance.gov/about-us/newsroom/cfpb-sues-walmart-and-branch-messenger-for-illegally-opening-deposit-accounts-for-more-than-one-million-delivery-drivers/Lyft Accuses San Francisco of $100 Million Tax Overchargehttps://www.bloomberg.com/news/articles/2024-12-24/lyft-accuses-san-francisco-of-overcharging-100-million-in-taxesIRS announces special payments going this month to 1 million taxpayers who did not claim 2021 Recovery Rebate Credit; encourages non-filers about approaching deadline to claim creditshttps://www.irs.gov/newsroom/irs-announces-special-payments-going-this-month-to-1-million-taxpayers-who-did-not-claim-2021-recovery-rebate-credit-encourages-non-filers-about-approaching-deadline-to-claim-creditsNeed CPE?Get CPE for listening to podcasts with Earmark: https://earmarkcpe.comSubscribe to the Earmark Podcast: https://podcast.earmarkcpe.comGet in TouchThanks for listening and the great reviews! We appreciate you! Follow and tweet @BlakeTOliver and @DavidLeary. Find us on Facebook and Instagram. If you like what you hear, please do us a favor and write a review on Apple Podcasts or Podchaser. Call us and leave a voicemail; maybe we'll play it on the show. DIAL (202) 695-1040.SponsorshipsAre you interested in sponsoring the Cloud Accounting Podcast? For details, read the prospectus.Need Accounting Conference Info? Check out our new website - accountingconferences.comLimited edition shirts, stickers, and other necessitiesTeePublic Store: http://cloudacctpod.link/merchSubscribeApple Podcasts: http://cloudacctpod.link/ApplePodcastsYouTube: https://www.youtube.com/@TheAccountingPodcastSpotify: http://cloudacctpod.link/SpotifyPodchaser: http://cloudacctpod.link/podchaserStitcher: http://cloudacctpod.link/StitcherOvercast: http://cloudacctpod.link/Overcast

Blake and David take a look at several significant developments in the accounting world, including Trump's controversial IRS Commissioner nomination of former Congressman Billy Long. They also dig into updates on the Macy's accounting scandal and explore Square's potential move into accounting software with their new head of Product Accounting Solutions hire. They also share insights from the AICPA's 2024 CAS benchmark survey showing significant growth in client accounting services practices and much more!SponsorsRoboDebit - http://accountingpodcast.promo/robodebitRelay - http://accountingpodcast.promo/relayCloud Accountant Staffing - http://accountingpodcast.promo/casTaxBandits - http://accountingpodcast.promo/taxbanditsChapters(00:28) - Welcome to The Accounting Podcast (00:40) - Digital CPA Conference Highlights (01:17) - CAS Practices on the Rise (02:22) - IRS Commissioner Nominee: Billy Long (03:42) - Employee Retention Tax Credit Controversy (14:45) - Macy's Financial Misstatements (28:30) - Intuit Assist: A Closer Look (29:48) - The Evolution of Bill Scanning with AI (31:25) - AI's Impact on Accounting Tools (33:06) - AI and Tax Returns: The Future of Automation (34:54) - Relay: The Ultimate Small Business Bank (36:19) - Supermicro's Accounting Scandal (40:48) - Square's Move into Accounting Solutions (57:21) - The Rise of Client Advisory Services (01:00:55) - Closing Remarks and Future Insights  Show NotesHe Promised Huge Tax Refunds. Now Trump Wants Him to Lead the I.R.S.https://www.nytimes.com/2024/12/06/us/politics/billy-long-trump-irs-tax-credit.html Brainsky Unleashed (Instagram) – Billy Long – December 6, 2024https://www.instagram.com/brainskyunleashed/reel/DDQS_GjRn4P/ Macy's employee who hid $151 million in delivery expenses was trying to mask initial mistake, sources sayhttps://www.cnbc.com/2024/12/11/macys-m-earnings-q3-2024.html Macy's Probe Found Employee Acted Alone in $151 Million Accounting Scandalhttps://www.wsj.com/business/retail/macys-m-q3-earnings-report-2024-c7363662 LinkedIn – Andy Schwartz – Profit Labs Update – December 6, 2024https://www.linkedin.com/posts/andy-schwartz-233b359_profit-labs-update-i-am-excited-to-share-activity-7269157016051298305-rYAW/ Amazon integrates QuickBooks for sellershttps://www.accountingtoday.com/news/amazon-integrates-intuit-quickbooks AICPA and CPA.com Benchmark Survey: CAS Practices Report 17% Growthhttps://insidepublicaccounting.com/2024/12/09/aicpa-and-cpa-com-benchmark-survey-cas-practices-report-17-growth/Need CPE?Get CPE for listening to podcasts with Earmark: https://earmarkcpe.comSubscribe to the Earmark Podcast: https://podcast.earmarkcpe.comGet in TouchThanks for listening and the great reviews! We appreciate you! Follow and tweet @BlakeTOliver and @DavidLeary. Find us on Facebook and Instagram. If you like what you hear, please do us a favor and write a review on Apple Podcasts or Podchaser. Call us and leave a voicemail; maybe we'll play it on the show. DIAL (202) 695-1040.SponsorshipsAre you interested in sponsoring the Cloud Accounting Podcast? For details, read the prospectus.Need Accounting Conference Info? Check out our new website - accountingconferences.comLimited edition shirts, stickers, and other necessitiesTeePublic Store: http://cloudacctpod.link/merchSubscribeApple Podcasts: http://cloudacctpod.link/ApplePodcastsYouTube: https://www.youtube.com/@TheAccountingPodcastSpotify: http://cloudacctpod.link/SpotifyPodchaser: http://cloudacctpod.link/podchaserStitcher: http://cloudacctpod.link/StitcherOvercast: http://cloudacctpod.link/OvercastClassifiedsForwardly - https://www.forwardly.com/Client Hub - https://clienthub.app/Want to get the word out about your newsletter, webinar, party, Facebook group, podcast, e-book, job posting, or that fancy Excel macro you just created? Let the listeners of The Accounting Podcast know by running a classified ad. Go here to create your classified ad: https://cloudacctpod.link/RunClassifiedAdTranscriptsThe full transcript for this episode is available by clicking on the Transcript tab at the top of this page

Andy Reitmeyer talks with Duncan & Larry about the Combined Federal Campaign (CFC), and later Duncan & Larry discuss the new IRS Commissioner designee and much more.

   As reports surface Joe Biden is likely to pardon people like Anthony Fauci, Liz Cheney and Adam Schiff for goodness knows what, everyone is not asking if Biden will actually pardon himself for anything he may have done, specifically as Senator and VP   College enrollment is falling dramatically and smaller schools are closing everywhere.  This is not a trend.  This is permanent as too many young people were going to college for the parties and not much more.  Now, it's just too expensive and divisive.    Billy Long is picked by Trump to be IRS Commissioner and he's about as "show me" Missouri as anyone I've ever met.    Creighton shuts down Hunter Dickinson and KU gets impatient on offense falling to the Jays 76-63.  Yes, even an old, experienced group of players have to learn how to play together each new year and KU learned a lot in this loss.    The Chiefs are ready to play new left tackle DJ Humphries, the question is..... how much?    Mizzou and KSU have excellent days signing college football players and Kansas did OK.  We've got a quick wrap.    And we remember Royals pitcher Al Fitzmorris who has died at the age of 78 after battling cancer.

Send us a textIn an exclusive sit-down interview with Tax Notes Talk, IRS Commissioner Daniel Werfel discusses his tenure and the agency's future with major Tax Cuts and Jobs Act provisions expiring next year.For more coverage, read the following in Tax Notes:IRS Is Well Positioned to Handle Tax Bill, Werfel SaysIRS Council Calls for Public Education About Tax NoncomplianceIRS to Beef Up Artificial Intelligence Oversight StructureElection Results Cast Doubt on Fate of IRS Funding, Direct FileWerfel Says Agency Is Gearing Up to Weigh In on TCJA ExpirationFollow us on X:Ben Valdez: @benmvaldezDavid Stewart: @TaxStewTax Notes: @TaxNotes***CreditsHost: David D. StewartExecutive Producers: Jasper B. Smith, Paige JonesShowrunner: Jordan ParrishAudio Engineers: Jordan Parrish, Peyton RhodesGuest Relations: Alexis Hart

An even dozen days until election day ... thank you for counting down with us. 18-million Americans have already gone to the polls, with this election already in full swing. On today's Countdown 2024: how will a Trump or Harris administration effect your TAXES? We're talking with the commissioner of the IRS on the competing tax policies of the two candidates ... and getting you ready for the 2025 tax season which, unfortunately, will be here before you know it.

Friday, July 12th 2024Today, inflation declined in June for the first time since lockdown in May 2020; US and Germany foiled a Russian plot to assassinate an arms manufacturer sending weapons to Ukraine; the Heritage Foundation was hacked by a group of self described gay furries; House Republicans fail spectacularly again as they don't get the votes for inherent contempt for Merrick Garland; the IRS crackdown on millionaire tax cheats nets a billion dollars in revenue; fewer than 13% of Americans are making less than $15 per hour down from 32% two years ago; the Senate passes Senator Ossoff's bill to improve oversight of federal prisons; plus Allison and Dana deliver your Good News.Promo Codes:For a limited time, HomeChef is offering you 18 Free Meals, plus Free Shipping on your first box, and Free Dessert for Life. At https://www.HomeChef.com/DAILYBEANS.John Fugelsanghttps://www.johnfugelsang.com/tmehttps://podcasts.apple.com/us/podcast/the-john-fugelsang-podcast/id1464094232The Sexy Liberal Save The World Comedy Tourhttps://sexyliberal.comNetroots Nation 2024:Netroots Nation is in Baltimore, July 11-13. Go to netrootsnation.org and type NN24Partner in the promo box for 10% off your ticket.Tickets and LIVE show dates https://allisongill.comSubscribe for free to MuellerSheWrote on Substackhttps://muellershewrote.substack.com Inflation eased further in June, helping cement path to rate cuts (The Washington Post)Senate approves bill to improve oversight of troubled federal prison system (PBS)Exclusive: US and Germany foiled Russian plot to assassinate CEO of arms manufacturer sending weapons to Ukraine (CNN)Heritage Foundation Exec Threatens ‘Gay Furry Hackers' in Unhinged Texts (Rolling Stone) Subscribe to Lawyers, Guns, And MoneyAd-free premium feed: https://lawyersgunsandmoney.supercast.comSubscribe for free everywhere else:https://lawyersgunsandmoney.simplecast.com/episodes/1-miami-1985Check out other MSW Media podcastshttps://mswmedia.com/shows/Follow AG and Dana on Social MediaDr. Allison Gill Follow Mueller, She Wrote on Posthttps://post.news/@/MuellerSheWrote?utm_source=TwitterAG&utm_medium=creator_organic&utm_campaign=muellershewrote&utm_content=FollowMehttps://muellershewrote.substack.comhttps://twitter.com/MuellerSheWrotehttps://www.threads.net/@muellershewrotehttps://www.tiktok.com/@muellershewrotehttps://instagram.com/muellershewroteDana Goldberghttps://twitter.com/DGComedyhttps://www.instagram.com/dgcomedyhttps://www.facebook.com/dgcomedyhttps://danagoldberg.comHave some good news; a confession; or a correction to share?Good News & Confessions - The Daily Beanshttps://www.dailybeanspod.com/confessional/From The Good NewsInternational Non-Binary People's Day (Wikipedia)Student Loan Forgiveness (studentaid.gov) Live Show Ticket Links:https://allisongill.com (for all tickets and show dates)Thursday July 25th Milwaukee, WI https://tinyurl.com/Beans-MKESunday July 28th Nashville, TN - with Phil Williams https://tinyurl.com/Beans-TennWednesday July 31st St. Louis, MO https://tinyurl.com/Beans-STLFriday August 16th Washington, DC - with Andy McCabe, Pete Strzok, Glenn Kirschner https://tinyurl.com/Beans-in-DCSaturday August 24 San Francisco, CA https://tinyurl.com/Beans-SF Listener Survey:http://survey.podtrac.com/start-survey.aspx?pubid=BffJOlI7qQcF&ver=shortFollow the Podcast on Apple:The Daily Beans on Apple PodcastsWant to support the show and get it ad-free and early?Supercasthttps://dailybeans.supercast.com/OrPatreon https://patreon.com/thedailybeansOr subscribe on Apple Podcasts with our affiliate linkThe Daily Beans on Apple Podcasts

Senator Marsha Blackburn (R-TN) says the No Flights for Terrorists Act would deport and revoke pro-Hamas protestors' student visas, bar American students from federal loans, and place anti-American protestors on the terrorist watchlist and the TSA no-fly list. “I believe if somebody tells you they're a terrorist, we should believe them,” she says. Additional interviews with ‘Taxpayers Protection Alliance' Executive Director Patrick Hedger on IRS Commissioner petitioning Congress earlier this week for additional $80 billion in funding, and ‘AMAC' Spokesman Bobby Charles on a download of the top lines of this week.See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

Could IRS layoffs be coming as soon as 2026? The IRS Commissioner warns that could happen without enough annual funding. For that and much more, listen to this week's podcast with Duncan Giles & Larry lannan.

The IRS recently announced in Bulletin IR-2024-56 that it is launching a new effort aimed at non-filers. As a part of this effort, 125,000 new non-filer cases will be opened. The IRS Commissioner said targeting non-filers will be a priority for the IRS. Learn more about what this means for you in this episode.If you have unfiled tax returns or owe back taxes, book a free consultation with us at Choice Tax Relief by calling us at 866-8000-TAX (that's 866-8000-829) or by filling out the form at https://choicetaxrelief.com.All of My Videos About Unfiled Tax Returns: https://youtube.com/playlist?list=PLH...#taxes #taxreturn #taxreturns

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This Day in Legal History: Mary Queen of Scots ExecutedOn this day in legal history, February 8, 1587, Mary, Queen of Scots, met her tragic end at Fotheringhay Castle, Northamptonshire, England. Her execution marked a pivotal moment in the turbulent history of the British monarchy, stemming from her alleged involvement in the Babington Plot, a scheme devised to assassinate Queen Elizabeth I and place Mary on the English throne. Despite Mary's vehement denials of any participation, she was found guilty of treason after a controversial trial that has since been scrutinized for its fairness and adherence to legal norms of the time.Mary's trial and subsequent execution were fraught with legal and ethical quandaries, highlighting the intersection of law, politics, and personal vendettas. She was tried without being allowed to see the evidence against her, denied legal counsel, and was not even present at her own trial, raising serious questions about the justice of the proceedings. Moreover, Mary's status as a sovereign queen posed unique legal challenges, as executing a crowned head of state was unprecedented at the time and brought into question the legal jurisdiction over her person.The decision to execute Mary, Queen of Scots, was not taken lightly by Queen Elizabeth I, who hesitated to sign the death warrant, aware of the potential political ramifications. The execution not only eliminated a Catholic figurehead and potential claimant to the English throne but also set a dangerous precedent for the treatment of monarchs. The debates over Mary's guilt or innocence continue to this day, underscoring the complexities of legal and historical interpretation. Her execution remains a poignant reminder of the lethal interplay between law and political power, a lesson that resonates through the corridors of history.Donald Trump's legal team has escalated his effort to remain eligible for state presidential ballots to the U.S. Supreme Court, challenging a lower court's ruling that disqualified him from Colorado's Republican primary ballot. This legal battle revolves around allegations of Trump's involvement in the 2021 Capitol attack, invoking the 14th Amendment's Section 3, which prohibits individuals who engaged in insurrection against the U.S. from holding public office. The Supreme Court, significantly influenced by Trump with three appointees among its nine justices, is now set to hear arguments in this high-stakes case.Trump, focusing on his campaign, is not expected to attend the Supreme Court proceedings, instead engaging in campaign activities in Nevada. Meanwhile, public demonstrations unfold outside the courthouse, reflecting the contentious nature of the case. This situation places the Supreme Court at the center of a presidential election in a manner not seen since the Bush v. Gore decision in 2000.The outcome of this case holds profound implications for Trump's political future and the broader dynamics of the presidential race, with a decision needed swiftly due to the upcoming Colorado Republican primary. Trump's legal arguments challenge the applicability of the 14th Amendment to a sitting president and question the enforceability of its provisions without explicit congressional action. This case, distinct from criminal proceedings against Trump, tests the constitutional boundaries of presidential accountability and the interpretation of "insurrection" under the 14th Amendment.The legal challenge is supported by a group of Republican and unaffiliated voters, represented by Citizens for Responsibility and Ethics in Washington, asserting that the presidency falls under the "officer of the United States" designation intended by the 14th Amendment. The Supreme Court's forthcoming decision could significantly influence the electoral landscape and Trump's ability to contest the presidency against Joe Biden, amidst ongoing legal controversies surrounding his actions related to the 2020 election loss.Trump brings fight to stay on ballot to US Supreme Court | Reuters​​Millions of American families are currently facing uncertainty regarding the filing of their taxes due to the potential expansion of the child tax credit by Congress. The IRS Commissioner, Danny Werfel, has advised taxpayers not to delay their filings in anticipation of legislative changes, assuring that the IRS will provide any owed benefits retrospectively without the need for amended returns. However, this position is contrasted by some tax professionals who suggest waiting could be beneficial if the legislation, which faces opposition in the Senate, is passed.The proposed bipartisan tax bill seeks to increase the refundability of the child tax credit to up to $1,800 per child for the first year, a significant boost for low- and moderate-income families. This adjustment is designed to support those even if they do not owe income taxes, targeting aid specifically towards parents with multiple children. Yet, higher-income families are unlikely to see a direct impact from this year's proposed changes.The dilemma between filing early or waiting stems from various factors. Filing early can protect against tax identity theft, where fraudsters might file in someone else's name, leading to delays in receiving refunds. On the other hand, waiting could potentially result in larger refunds if the legislation passes, but also risks delaying refunds further into the tax season.Tax preparation companies like H&R Block Inc. and Intuit Inc. have aligned with the IRS's recommendation to file as soon as possible, preparing their software to adapt quickly to any legislative changes. The IRS, despite not commenting on pending legislation, has indicated it could process changes within six weeks, drawing on recent experience and additional funding to adjust to mid-season legislative changes efficiently.The advice from tax experts varies, with some emphasizing the security and immediacy of filing early, while others see merit in waiting for potential benefits from the proposed law. Ultimately, taxpayers must navigate this uncertainty, balancing the need for prompt refunds against the possibility of benefiting from legislative changes.Child Tax Credit Limbo Leaves Families With Tough Filing ChoicesFacebook's $90 million settlement for tracking users' activities on non-Facebook websites is facing challenges in the Ninth Circuit Court of Appeals. Objectors argue that the settlement, which was approved by the US District Court for the Northern District of California, inadequately values the class's statutory claims, providing just 0.0073% of the potential $1.24 trillion in statutory damages for the 124 million class members. This settlement came after the Ninth Circuit previously found that the plaintiffs had sufficiently claimed violations under several privacy and fraud acts.During oral arguments, the objectors' representative highlighted the discrepancy between the settlement amount and the maximum statutory damages, questioning the adequacy of the settlement under federal rules. In contrast, representatives for the non-objecting class members defended the settlement as historic and beneficial, noting the positive reaction from the class, evidenced by 1.5 million submitted claims.The lawsuit, filed in 2011, accused Facebook (now Meta Platforms Inc.) of tracking users' internet activities through cookies on pages with a Facebook "Like" button, without their consent and even after logging out of the social media service. The case consolidated similar complaints from across 10 states.Ninth Circuit Judge Ryan D. Nelson addressed the objectors' concerns about the size of statutory damages potentially violating Meta's due process rights, noting that bankruptcy for Meta due to excessive damages would be problematic. He mentioned that the settlement amount was 10% of the class's own estimate of maximum damages, a figure that Ninth Circuit case law considers reasonable. Additionally, the settlement's deterrence effect was acknowledged, as Facebook reportedly ceased the tracking behavior in question as part of the settlement agreement.The court's discussion also touched on the discretion of class counsel in deciding the relief sought in the settlement, emphasizing the due process considerations in evaluating the adequacy of the settlement. Judges Danielle J. Forrest and Gabriel P. Sanchez, also part of the panel, are considering these arguments as they deliberate on the challenge to the settlement's approval.Meta's $90 Million Tracking Deal Challenged Before Ninth Circuit Get full access to Minimum Competence - Daily Legal News Podcast at www.minimumcomp.com/subscribe

The Internal Revenue Service is putting its multi-billion-dollar modernization fund to good use by restoring training for its employees and replacing one of its oldest legacy IT systems, according to the head of the agency. The IRS, tapping into nearly $60 billion in multi-year funds under the Inflation Reduction Act, is rebuilding its workforce and modernizing IT systems with a focus on improving service to taxpayers. IRS Commissioner Danny Werfel, in a keynote address at the Association for Federal Enterprise Risk Management's (AFERM) annual summit, said the IRS is seeing a promising return on investment with Inflation Reduction Act funds. “It gives you a cautiously optimistic sense that we are regaining our footing and rebuilding,” Werfel said. “But the risk now is around ramping up and standing up with these funds to make sure that we're rebuilding capacities in a way that is smart for the long run, but also is meeting taxpayer needs in the short run.” Learn more about your ad choices. Visit megaphone.fm/adchoices

The Internal Revenue Service is putting its multi-billion-dollar modernization fund to good use by restoring training for its employees and replacing one of its oldest legacy IT systems, according to the head of the agency.The IRS, tapping into nearly $60 billion in multi-year funds under the Inflation Reduction Act, is rebuilding its workforce and modernizing IT systems with a focus on improving service to taxpayers.IRS Commissioner Danny Werfel, in a keynote address at the Association for Federal Enterprise Risk Management's (AFERM) annual summit, said the IRS is seeing a promising return on investment with Inflation Reduction Act funds.“It gives you a cautiously optimistic sense that we are regaining our footing and rebuilding,” Werfel said. “But the risk now is around ramping up and standing up with these funds to make sure that we're rebuilding capacities in a way that is smart for the long run, but also is meeting taxpayer needs in the short run.” Learn more about your ad choices. Visit podcastchoices.com/adchoicesSee Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

False active shooter scare on Capitol Hill, interview with Wall Street Journal's Andy Duehren on Fitch Ratings downgrade of the U.S., government's credit rating (10), IRS Commissioner on going paperless, preview of Donald Trump arraignment Thursday, Sec of State Blinken speaks to young African leaders, House Agriculture Committee listening session in Minnesota on Farm Bill Reauthorization. Learn more about your ad choices. Visit megaphone.fm/adchoices

This week on tax break, host Rob Kovacev is joined by former IRS Commissioner and Miller & Chevalier Senior Counsel Larry Gibbs to discuss the IRS's Strategic Operating Plan and where the IRS should devote its additional funding from the Inflation Reduction Act. ********* Questions? Contact us at podcasts@milchev.com. tax break is not intended and cannot be relied on as legal advice; the content only reflects the thoughts and opinions of its hosts. tax break is a podcast about tax law, brought to you by Miller & Chevalier and hosted by Loren Ponds and Rob Kovacev. We'll provide you with perspective on select tax issues that will go deeper than what the tax press covers, but not so deep that you'll have to pull out your regulations or read treatises to follow along. The aim of tax break is to focus only on the tax law issues that we find interesting. Subscribe to tax break wherever you get your podcasts.

Co Founder & Managing Partner, Principal to Principal Gerard Filitti joins John to discuss the latest on Hunter Biden.

The IRS, after wrapping up this year's filing season with significantly improved service, compared to recent years, is planning to bring the agency's long-term hiring needs into focus.IRS Commissioner Danny Werfel told the Senate Finance Committee on Wednesday that the agency will, in the coming weeks, shed more light on the agency's hiring plans over the next decade.The IRS Strategic Operating Plan released earlier this month only includes proposed hiring through the end of fiscal 2024. Under the plan, the IRS is looking to hire more than 10,000 employees before the end of this fiscal year, and approximately another 10,000 employees in fiscal 2024. Most of the hiring is focused on taxpayer services and enforcement. Learn more about your ad choices. Visit podcastchoices.com/adchoicesSee Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

The IRS, after wrapping up this year's filing season with significantly improved service, compared to recent years, is planning to bring the agency's long-term hiring needs into focus. IRS Commissioner Danny Werfel told the Senate Finance Committee on Wednesday that the agency will, in the coming weeks, shed more light on the agency's hiring plans over the next decade. The IRS Strategic Operating Plan released earlier this month only includes proposed hiring through the end of fiscal 2024. Under the plan, the IRS is looking to hire more than 10,000 employees before the end of this fiscal year, and approximately another 10,000 employees in fiscal 2024. Most of the hiring is focused on taxpayer services and enforcement. Learn more about your ad choices. Visit megaphone.fm/adchoices

Republican-controlled Tennessee House moves to expel three Democratic representatives who protested in the chamber for gun control, White House blames Trump Administration for limiting options in 2021 withdrawal from Afghanistan, IRS Commissioner on how $80 billion in new agency money will be spent. Learn more about your ad choices. Visit megaphone.fm/adchoices

Managers at the IRS have definite hopes and expectations for the coming year, now that they have a confirmed commissioner and the expectation of extra money thanks to the Inflation Reduction Act. Just before the Senate confirmed Commissioner Danny Werfel, Federal Drive host Tom Temin spoke Chad Hooper, the President of the Professional Managers Association. Learn more about your ad choices. Visit podcastchoices.com/adchoicesSee Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

Managers at the IRS have definite hopes and expectations for the coming year, now that they have a confirmed commissioner and the expectation of extra money thanks to the Inflation Reduction Act. Just before the Senate confirmed Commissioner Danny Werfel, Federal Drive host Tom Temin spoke Chad Hooper, the President of the Professional Managers Association. Learn more about your ad choices. Visit megaphone.fm/adchoices

A new IRS Commissioner has been confirmed & President Biden has released his 2024 budget proposals. Duncan Giles & Larry Lannan drill down on those issues and much more in this week's podcast episode.

A review of the week's major US international tax-related news. In this edition: Biden Administration releases FY 2024 Budget and Treasury Greenbook – US officials provide updates on important regulatory developments – Senate approves Daniel Werfel as next IRS Commissioner.

Interviews with Washington Post's Ian Duncan on a Senate committee hearing on the Ohio toxic train derailment with Norfolk Southern CEO (10) and Thomson Reuters' Andrea Shalal on President Biden's FY'24 federal budget proposal (21), Senate confirms an IRS Commissioner, House passes a bill to block a rule on the reach of the Clean Water Act. Learn more about your ad choices. Visit megaphone.fm/adchoices

Wednesday March 8, 2023 - Sen. Joe Manchin (D-WV) has announced that he will vote against, President Biden's choice for head of the Internal Revenue Service (IRS), Daniel Werfel. Manchin is dissatisfied with the way the Inflation Reduction Act (IRA) is being implemented. Although Manchin was the deciding vote on the IRA, he thinks Werfel would not be given autonomy to perform the job according to the law. “While Daniel Werfel is supremely qualified to serve as the IRS Commissioner, I have zero faith he will be given the autonomy to perform the job in accordance with the law and for that reason, I cannot support his nomination,” he said. “At every turn, this administration has ignored congressional intent when implementing the Inflation Reduction Act,” Daniel Werfel is still expected to have enough support to be named the new Commissioner of the Internal Revenue Service when the vote reaches the Senate floor, even without Manchin's vote, and two other absent Democrats, Senators Fetterman and Feinstein. Six Republicans voted to advance Werfel's nomination on a procedural vote. Manchin also said he would not vote for President Biden's nominee to sit on the Federal Communications Commission, Gigi Sohn. Manchin cited her "unprecedented" and "bipartisan opposition" due to her past activist statements and alliances with far-left groups. Shortly after his statement, Sohn withdrew herself from consideration, citing the toll that the attacks had taken on her and her family. So, look for Werfel to be the next Commissioner of the IRS, where he has vowed not to increase audits for households making under $400,000. We shall see. Attorney Steven A. Leahy reports on the latest IRS news on Today's Tax Talk. https://news.yahoo.com/manchin-oppose-bidens-nominee-head-175103115.html https://thehill.com/business/3889765-manchin-will-vote-against-bidens-pick-to-head-irs/ https://www.freep.com/story/money/personal-finance/susan-tompor/2023/03/08/irs-paper-tax-return-backlog-digital-scanning/69984755007/ --- Send in a voice message: https://podcasters.spotify.com/pod/show/steven-leahy1/message

Duncan Giles & Larry Lannan talk about the Senate hearing for the nomination of a new IRS Commissioner, a court ruling on COVID & hazardous pay, and much more in this week's podcast.

Wednesday February 15, 2023 - The confirmation hearing for the nomination of Daniel Werfel as Commissioner of the Internal Revenue Service (IRS) is underway, with a variety of topics to be discussed. The Senate Finance Committee will question Mr. Werfel on matters such as the $80 billion increase in IRS budget for enforcement and collection activities, recent leaks of taxpayer information, and audit rates that will not increase for households earning less than $400,000. This hearing could determine whether or not he is confirmed as Commissioner of the IRS by President Biden's administration. He will be confirmed. Mr. Werfel is exactly the Washington insider who gets these jobs. Remember, Mr. Werfel was an acting commissioner for a time May 22, 2013 to December 23, 2013. With so much at stake during this hearing, it remains to be seen what answers has Mr. Werfel prepared and how it will influence the outcome of his nomination process. It is only a matter of time before the Senate confirms Mr. Werfel as IRS Commissioner. Attorney Steven A. Leahy reviews the confirmation hearing on Today's Tax Talk. https://www.nytimes.com/2023/02/15/business/irs-daniel-werfel-hearing.html https://www.cnn.com/2023/02/15/politics/daniel-werfel-irs-commissioner-confirmation-hearing/index.html See the testimony at C-Span: https://www.c-span.org/video/?525971-1/irs-commissioner-nominee-daniel-werfel-testifies-confirmation-hearing --- Send in a voice message: https://podcasters.spotify.com/pod/show/steven-leahy1/message

Interview with Politico's Michael Kruse on Republican Presidential candidate Nikki Haley's first rally in South Carolina (6), CBO releases updated federal budget deficit numbers and an estimate of when the national debt limit will be reached, Senate confirmation hearing for IRS Commissioner nominee, Senate hearing on fentanyl trafficking. Learn more about your ad choices. Visit megaphone.fm/adchoices

Thursday January 12, 2023 - The Taxpayer Advocate Service (TAS) is an independent organization within the Internal Revenue Service (IRS) that helps taxpayers resolve problems with the agency. Each year, by law, the TAS releases a report to Congress highlighting the most serious problems encountered by taxpayers. The report, known as the National Taxpayer Advocate's (NTA) report, identifies systemic issues that impede taxpayers' ability to exercise their rights and recommends solutions to those problems. The 2022 National Taxpayer Advocate report identified ranked the ten most serious problems encountered by taxpayers: 1. Processing Delays 2. Complexity of the Tax Code 3. IRS Hiring & Training 4. Telephone & In-Person Service 5. Online Access for Taxpayers and Tax Professionals. 6. E-File & Free File 7. IRS Transparency 8. Return Preparer Oversight 9. Appeals 10. Overseas Taxpayers The biggest issue identified in the report is Processing Delays. That finding isn't news to any taxpayer. The processing delay has been reported since last year. The recently replaced IRS Commissioner, Charles Rettig told a Congressional hearing last March the backlog would be cleared by the end of 2022. In the just released report the National Taxpayer Advocate, Erin Collins, wrote to Congress, saying ““We have begun to see the light at the end of the tunnel, I am just not sure how much further we have to travel before we see sunlight.” So, the IRS did not clear the backlog by the end of 2022, despite the additional funding to do so. The additional funding BEFORE the additional $80 billon. Attorney Steven A. Leahy looks at the Number one problem according to this report – Processing Delays – on Today's Tax Talk. https://www.taxpayeradvocate.irs.gov/reports/2022-annual-report-to-congress/most-serious-problems/ https://www.washingtonpost.com/business/2023/01/11/irs-backlog-delays-refunds/ https://www.thinkadvisor.com/2023/01/11/taxpayer-service-expected-to-improve-in-2023-irs-says/ https://www.journalofaccountancy.com/news/2022/mar/commissioner-congress-irs-will-clear-backlog-years-end.html --- Send in a voice message: https://anchor.fm/steven-leahy1/message

Howie Klein from Down With Tyranny introduces us to newly elected Maxwell Frost and George Santos - 2 freshmen congressmen who are liars. You probably know all about George Santos, who just gave an exclusive interview with the New York Post explaining some and apologizing for other lies. You probably don't know about Maxwell Frost and his ties to Sam Bankman-Fried. Plus: Why New Yorker Governor Kathy Hochul is a DISGRACE. David does The News David unpacks how Donald Trump destroyed the Internal Revenue Service in order to confiscate the levers of power for his own benefit. Why did the IRS fail to perform mandatory audits on President Trump during his first two years in office? Why has the Internal Revenue Service still not finished their audits of President Trump? Even though the law specifically says Trump had to turn over his returns IMMEDIATELY, why did it take three years for the House Ways and Means Committee to get the IRS to release them? Charles Rettig, a Trump appointee, was IRS Commissioner up until last month. What kind of business dealings did he have with Trump before being appointed? And who ordered EXTREME AUDITS on FBI Directors James Comey and Andrew McCabe the same year Trump had fired both for digging too deep into Russiagate.

Thursday, December 22, 2022 Today, in the Hot Notes: Trump's handpicked IRS Commissioner failed to audit his taxes for years until the House Ways and Means Committee started asking questions; the January 6th Committee has released transcripts of multiple witnesses; Zelenskyy meets with Biden at the White House; the Omnibus Bill will include Electoral Count Act Reform; Elon Musk will step down as Twitter CEO; an informant warned the FBI about violence on 1/6 weeks before it happened; Judge Middlebrooks strikes again; plus Allison and Dana deliver your Good News. Follow the Podcast on Apple: https://apple.co/3XNx7ck Check out other MSW Media podcasts https://mswmedia.com/shows/ Follow AG and Dana on Twitter: Dr. Allison Gill https://twitter.com/allisongill https://twitter.com/MuellerSheWrote https://twitter.com/dailybeanspod Dana Goldberg https://twitter.com/DGComedy Have some good news, a confession, a correction, or a case for Beans Court? https://www.dailybeanspod.com/confessional/ Listener Survey: http://survey.podtrac.com/start-survey.aspx?pubid=BffJOlI7qQcF&ver=short Want to support the show and get it ad-free and early? https://dailybeans.supercast.tech Or https://patreon.com/thedailybeans Or subscribe on Apple Podcasts https://apple.co/3UKzKt0 Learn more about your ad choices. Visit megaphone.fm/adchoices

The Biden Administration has named a Nominee to take over the IRS. His name is Daniel Werfel, now Managing Director and Partner of the Boston Consulting Group. IRS Commissioner Chuck Rettig's term formally ended on November 12. Doug O'Donnell, the IRS Deputy Commissioner for Services and Enforcement, is now serving as acting IRS Commissioner. Mr. Werfel has a long history of government employment. Including, the Office of Management and Budget, The Department of Justice, and Chief of the Financial Integrity and Analysis Branch within the Office of Federal Financial Management, before being app. https://www.nytimes.com/2022/11/10/us/politics/daniel-werfel-irs-commissioner.html https://www.hstoday.us/subject-matter-areas/federal-government/former-acting-commissioner-danny-werfel-nominated-to-lead-irs/ --- Send in a voice message: https://anchor.fm/steven-leahy1/message

The IRS, setting course on a decade-long push to rebuild its workforce and modernize its legacy IT, may soon be led by a figure who previously steered the agency through difficult times. The White House announced Thursday that President Joe Biden intends to nominate Danny Werfel to lead the IRS for a five-year term. Werfel holds more than 15 years of federal experience across the George W. Bush and Obama administrations, and previously served as an acting IRS commissioner.

SponsorsCanopy - https://cloudaccountingpodcast.promo/canopyZoho - https://cloudaccountingpodcast.promo/zohoLiscio - https://cloudaccountingpodcast.promo/liscioNeed CPE? Subscribe to the Earmark Accounting Podcast: https://podcast.earmarkcpe.comGet CPE for listening to podcasts with Earmark CPE: https://earmarkcpeShow NotesJoin the Focused Firm email list: https://go.earmarkcpe.com/the-focused-firmGet in TouchThanks for listening and for the great reviews! We appreciate you! Follow and tweet @BlakeTOliver and @DavidLeary. Find us on Facebook and, if you like what you hear, please do us a favor and write a review on iTunes, or Podchaser. Interested in sponsoring the Cloud Accounting Podcast? For details, read the prospectus, and NOW, you can see our smiling faces on Instagram! You can now call us and leave a voicemail, maybe we'll play it on the show. DIAL (202) 695-1040Need Accounting Conference Info? Check out our new website - accountingconferences.comLimited edition shirts, stickers, and other necessitiesTeePublic Store: http://cloudacctpod.link/merchSubscribe Apple Podcasts: http://cloudacctpod.link/ApplePodcasts Podchaser: http://cloudacctpod.link/podchaser Spotify: http://cloudacctpod.link/Spotify Stitcher: http://cloudacctpod.link/Stitcher Overcast: http://cloudacctpod.link/Overcast YouTube: https://www.youtube.com/c/CloudAccountingPodcast ClassifiedsRightTool for QuickBooks Onilne - https://righttool.appuCollect - https://ucollect.biz/capWant to get the word out about your newsletter, webinar, party, Facebook group, podcast, e-book, job posting, or that fancy Excel macro you just created? Why not let the listeners of The Cloud Accounting Podcast know by running a classified ad? Hit the link below to get more info.Go here to create your classified ad: https://cloudacctpod.link/RunClassifiedAd Full Transcript Available Upon Request - info@cloudaccountingpodcast.com

A review of the week's major US international tax-related news. In this edition: US congressional lame duck tax legislation unclear amid midterm election uncertainty – Proposed foreign tax credit regulations coming soon, limited CAMT guidance this year – IRS releases 2022-2023 Priority Guidance Plan – Congressional ranking Republicans urge reversal of decision to terminate US-Hungary tax treaty – Biden Administration nominates new IRS Commissioner.

Thursday August 25, 2022 - IRS Commissioner Charles P. Rettig penned an Op-Ed today "[t]o set the record straight on this important legislation and dispel any lingering misperceptions." Then he goes about knocking down every strawman agrument he could find. The first Strawman - "The IRS is hiring 87,000 armed special agents to harass taxpayers." I don't think anyone in America believes - or has said - that each and every new hire of the IRS would be armed. However, the fact the IRS has ANY armed officers is troubling. And the recent news that ads seeking IRS armed agents specifically said that they must be willing to use deadly force AND that the IRS has purchased $700,000.00 in ammo in between March and June of 2022, added to the 5 million ammo stockpile they already had. Rettig goes on to knock down four more strawman in his piece. Attoreny Steven A. Leahy asks the question - Why not answer real questions Commissioner on Today's Tax Talk. https://finance.yahoo.com/news/irs-sets-the-record-straight-130049197.html https://nypost.com/2022/08/13/gop-demands-answers-on-700k-ammo-stockpile-for-irs-enforcement/ https://www.verifythis.com/article/news/verify/government-verify/internal-revenue-service-did-buy-nearly-700k-in-ammunition/536-0ce9f538-a372-4c26-8013-1ab4e571578c --- Send in a voice message: https://anchor.fm/steven-leahy1/message

New York AG Deposes Trump Regarding to an Investigation into his Family's Business. IRS Commissioner Claims Agency Will Not Weaponize Against Middle Class, Small Business. As Gas Prices Decline, Food Prices Jump Another Percentage Point in JulySee omnystudio.com/listener for privacy information.

Pull the Pin Already (WAR ROOM Ep 124): Jim and Nate discuss various headlines found in today's media. Opinions are based on personal experience and not from the content of the article, unless someone has happened to read it. What's your take on the opinions and concerns expressed during the show? Let them know by discussing your own views in the comments below. If you like what they have to say click the like button below and share this video with your friends. Don't forget to subscribe and hit the notification bell for future episodes. **Subscribe on Rumble or one of our other media platforms and forget ScrewTube** www.pullthepinalready.com VIDEO CHANNELS Youtube www.youtube.com/channel/UCfUOkihz4MloQUyWWYypPGw Rumble https://rumble.com/c/PullThePinAlready Bitchute https://www.bitchute.com/accounts/referral/pullthepinalready/ UGE tube https://ugetube.com/@Pull%20The%20Pin%20Already

Hey, it's Michael Rozbruch here, also known as the Roz Man. And I help CPAs, enrolled agents, attorneys, and other tax professionals build highly lucrative practices by showing you how to add $5,000 tax resolution clients to your business. And the IRS just came out as they have for the last 20 years with their list for 2022 of their dirty dozen. And one thing on the list really upset me, and I find it offensive. And I think you will, too. And this was right out of the mouth of Charles Rettig, the IRS commissioner. He says that no one can get a better deal for taxpayers than they usually get for themselves by working directly with the IRS to resolve their tax issues. This is something that Chuck Rettig said, are you kidding me? I mean, seriously. And I find this offensive and actually amusing at the same time, because Chuck Rettig was in private practice for 30 or 35 years in Beverly Hills in Los Angeles, whose firm was dependent on taxpayers hiring him to do offers and compromise, among other resolution and litigation cases. Look, 50 million people in this country have an IRS problem large enough that warrants professional representation. The vast majority of you of tax resolution practitioners are honest, reputable people who really care about their clients. They're not there to take their money and not do the work. So for Chuck Rettig to make a statement like that, I find offensive, actually. And you should, too, because so many people need our help today. So many people need to get their IRS issues behind them. There are so many non-filers. So even though they may not qualify for an offer in compromise, they still need help with an installment agreement, a partial pay installment agreement, a currently not collectible situation, perhaps an innocent spouse relief request or a penalty abatement request. There are so many other options other than an offer in compromise to resolve your tax payer's issues. Look, the vast majority of your tax resolution clients, over 70% are not going to qualify for an offer in compromise. That's why I find this statement so offensive by the commissioner of the IRS. So when you follow the Roz strategy system for taking somebody through a financial consultation, you'll know by the end of that consultation, number one, if you want to work with them. Number two, if you can actually help them. And number three, that you have a real good high level of confidence you can resolve their tax problem. So that's the video for this week. We'll see you next time.  If you want to learn more about the lucrative nature of tax resolution, click on the link below for some free training resources that I'd like to provide to you. Tax resolution is a way for you to generate profits and cash flow all year round. And on this free training, I teach you where to find clients that have tax problems, how to attract them to you, how to take them through the initial consultation, what to charge for certain resolution alternatives, and how to collect that money. All on this free training. So if you want to learn more, if you want to gain more profits, more cash flow during the year, and stop doing just cheap tax returns, click on the link below, and I'll see you on the other side. https://rozstrategies.com/2022-challenge

Thursday May 5, 2022 - Paper is the IRS's Kryptonite. So says Erin Collins the IRS National Taxpayer Advocate. IRS Commissioner Chuck Rettig told the Senate Appropriation Committee's subcommittee on financial services and general government that the agency is “going into the direction of being able to automate paper returns.” The IRS Requested funding in 2013 to convert to a digital scanning system - as many states did some years ago. But the Commissioner said “If we were asking for it in 2013, we are 10 years essentially, technology-wise, beyond that,” Rettig said scanning and digitization technology would help the agency reduce its backlog and improve efficiency, but probably wouldn't result in workforce cost savings. According to Subcommittee Ranking Member Sen. Cindy Hyde-Smith (R-Miss.) the IRS received more than $3 billion in supplemental COVID-19 funding since 2020, and more than $1 billion remains available. Attorney Steven A. Leahy goes over the IRS digitalization plan on Today's Tax Talk. https://federalnewsnetwork.com/it-modernization/2022/05/irs-looks-to-vendors-for-scanning-technology-to-tackle-its-paper-backlog/ --- Send in a voice message: https://anchor.fm/steven-leahy1/message

Monday April 18, 2022 - Well, it's here, Tax Day 2022. Remember, Emancipation Day kicked the filing deadline from the normal April 15th date. The IRS Commissioner, Charles P. Rettig, took the opportunity in an Opinion piece in NewsWeek to write "[o]n behalf of the employees of the Internal Revenue Service (IRS), I want to thank everyone for taking the time to file and pay their taxes. So, taxpayers have that. The IRS also took this solemn day to "Plea for More I.R.S. Funding, according the the New York Times. They never miss an opportunity to ask for more money - hat in hand, the IRS needs more tax dollars because the "I.R.S. remained bogged down by antiquated technology and thin resources." Thin resources - $14 Billion budget last year - and the IRS could only manage to answer 1 in 9 phone calls. $14 Billion doesn't go as far as it once did. Inflation and all. The IRS ask is $80 Billion over 10 years - to hire 80,000 more employees - more than doubling the current number of 75,773. but, not to worry - they will only target the ultra wealthy. Right? Attorney Steven A. Leahy wraps up Tax Day with these, and other, tax stories. --- Send in a voice message: https://anchor.fm/steven-leahy1/message

IRS Commissioner Charles Rettig discusses the current state of the tax agency, including the paper return backlog, technology improvements, and hiring updates. Listen to the entire interview here: The State of the IRS with Commissioner Charles RettigFor additional  coverage, read these articles in Tax Notes:Rettig Warns Against New Info Reporting Rules Without FundingNew Tax Credits Blamed for Huge Number of 2021 Filing ErrorsNew Hiring Authority Paying Off for IRS, Rettig SaysTaxpayer Advocate Urges Rapid IRS Uptake of Paper-Scanning TechIRS Modernization Has Means but Not Funding, Rettig SaysRettig Makes a Big Backlog Pledge, Defends Audit PrioritiesFollow us on Twitter:Cara Griffith: @TaxCaraGriffithDavid Stewart: @TaxStewTax Notes: @TaxNotesFor more about the Christopher E. Bergin Award for Excellence in Writing, visit taxnotes.com/students.**This episode is sponsored by Avalara. For more information, visit avalara.com/taxnotes.This episode is sponsored by SafeSend. For more information, visit safesend.com.This episode is sponsored by the UC Irvine School of Law's Graduate Tax Program. For more information, visit https://ce.uci.edu/?utm_source=TNM&utm_medium=podcast&utm_campaign=2022taxnote.This episode is sponsored by the District of Columbia Bar. For more information, visit dcbar.org.***CreditsHost: David D. StewartExecutive Producers: Jasper B. Smith, Paige JonesShowrunner and Audio Engineer: Jordan ParrishGuest Relations: Alexis Hart

Thursday April 7, 2022 - Today, IRS Commissioner Charles Rettig said "The IRS could wipe out its massive backlog of returns by the end of the year." To do that, the IRS has revealed a Surge plan and a new hiring plan that would ad another 10,000 employees. The IRS Commissioner also revealed "“53% of the employees are in a full-time telework capacity. The rest of the employees either have a blended capacity or they are onsite.” The good news? Rittig told the committee "We are currently running around 19 to 20 percent level of service.” That's up from 1 in 9 calls being answered. Attorney Steven A. Leahy reviews Commissioner Rittig's testimony before the House Ways and Means committee. https://www.cbsnews.com/news/charles-rettig-irs-resolve-backlog-2022/ https://www.atr.org/irs-picks-up-the-phone-only-19-to-20-percent-of-the-time/ https://www.atr.org/irs-chief-53-of-agents-work-from-home-full-time/ --- Send in a voice message: https://anchor.fm/steven-leahy1/message

Today's program looks at Irish Prime Minister in Washington for St. Patrick's Day, House passing a bill end 'normal trade relations' status for Russia & Ukraine. Interview with Rep. Tom Reed (R-NY) on IRS Commissioner promising to fix unprocessed tax return backlog (32). Learn more about your ad choices. Visit megaphone.fm/adchoices

History of the IRS name. As early as the year 1918, the Bureau of Internal Revenue began using the name "Internal Revenue Service" on at least one tax form. In 1953, the name change to the "Internal Revenue Service" was formalized in Treasury Decision 6038. Current organization. The 1980s saw a reorganization of the IRS. A bipartisan commission was created with several mandates, among them to increase customer service and improve collections. Congress later enacted the Internal Revenue Service Restructuring and Reform Act of 1998. Because of that Act, the IRS now functions under four major operating divisions: Large Business and International (LB&I), Small Business/Self-Employed (SB/SE), Wage and Investment (W&I), and Tax Exempt & Government Entities (TE/GE). Effective October 1, 2010, the name of the Large and Mid-Size Business division was changed to the Large Business & International (LB&I) division. While there is some evidence that customer service has improved, lost tax revenues in 2001 were over $323 billion. The IRS is headquartered in Washington, D.C., and does most of its computer programming in Maryland. It currently operates five submission processing centers which process returns sent by mail and returns filed electronically via E-file. Different types of returns are processed at the various centers with some centers processing individual returns and others processing business returns. Originally, there were ten submission processing centers across the country. In the early 2000s, the IRS closed five centers: Andover, MA; Holtsville, NY; Philadelphia, PA; Atlanta, GA; and Memphis, TN. This currently leaves five centers processing returns: Austin, TX; Covington, KY; Fresno, CA; Kansas City, MO; and Ogden, UT. In October 2016 the IRS announced that three more centers will close over a six-year period: Covington, KY in 2019; Fresno, CA in 2021; and Austin, TX in 2024. This will leave Kansas City, MO and Ogden, UT as the final two submission processing centers after 2024. The IRS also operates three computer centers around the country (in Detroit, Michigan; Martinsburg, West Virginia; and Memphis, Tennessee). Deputy Commissioners. The Commissioner of Internal Revenue is assisted by two deputy commissioners. The Deputy Commissioner for Operations Support reports directly to the Commissioner and oversees the IRS's integrated support functions, facilitating economy of scale efficiencies and better business practices. The Deputy Commissioner for Operations Support provides executive leadership for customer service, processing, tax law enforcement and financial management operations and is responsible for overseeing IRS operations and providing executive leadership on policies, programs and activities. The Deputy assists and acts on behalf of the IRS Commissioner in directing, coordinating and controlling the policies, programs and activities of the IRS; in establishing tax administration policy, and developing strategic issues and objectives for IRS strategic management. The Deputy Commissioner for Services and Enforcement reports directly to the Commissioner and oversees the four primary operating divisions responsible for the major customer segments and other taxpayer-facing functions. The Deputy Commissioner for Services and Enforcement serves as the IRS Commissioner's essential assistant acting on behalf of the commissioner in establishing and enforcing tax administration policy and upholding IRS's mission to provide America's taxpayers top-quality service by helping them understand and meet their tax responsibilities. --- Send in a voice message: https://anchor.fm/law-school/message Support this podcast: https://anchor.fm/law-school/support

Before taking the position as the IRS Commissioner, a reporter asked Charles Rossotti, "Were you ever in the military, and if you were, did you volunteer for a suicide mission?"Before running the IRS from 1997 to 2002, Rossotti was the co-founder, former chairman, and CEO of American Management Systems, Inc.In this episode, we look at what Charles did to help turn around that beleaguered agency.

About Speaker: Shruti Arora is a professional expert and knowledgeable orator who can persuade people effortlessly through her clear and farsighted vision. She continues her interest in adding values to the current education system by bringing the virtues of ancient education system to solve gaps and issues in the present system. She had participated in live discussions/debates with national speakers on educational issues (Such as Marks moderation politics, improvisation of government school and student security and safety issues) where she has been highly appreciated for her clear views and noncontroversial statements. She has shared Dias with eminent personalities; few of them were Shri Kaptan Singh Solanki (Governor of Haryana), Shri Manish Sisodia (Education Minister), Dr. Udit Raj (Ex. IRS Commissioner, M.P Lok Sabha), Prof. Yashpal (Padma Vibhushan, Former Chairman UGC, Eminent Scientist, ISRO ), Dr Purushottam Lal, (Padma Vibhushan, Chairman Metro Hospitals). Her ideology revolves around the fact that “Importance of Education should be projected, not only as a place to gain content knowledge, but also as a place to learn how to live”. #INTERN #SkillsBeyondSchool #IndustryInnovators --- Send in a voice message: https://anchor.fm/future-school-leaders/message

Struggling to meet the April 15 tax filing deadline? Then take note of the IRS's new tax filing deadline of May 17 for individuals, the self-employed and for those who do not owe the IRS for past due tax payments.In this episode of News Too Real, producer host, Julia Dudley Najieb addresses the recent changes for those filing their 2020 taxes; not only has the tax-deadline been extended, but the American Rescue Plan has instilled new provisions regarding the Earned Income Tax Credit where people can take out advanced payments for 2021 tax filing of Earned Income Tax Credit. Also, people who have taken out unemployment insurance, IRA/ROTH IRA or early retirement have some leeway, safeguards and revisions with use of the "hardship" waiver, if qualified.Finally, find out what to do if your tax information has been compromised, which may be the case for those victimized by the unemployment insurance fraud or other related tax-fraud issues.Dudley Najieb features two experts during this episode, Ken Corbin, IRS Commissioner, Wage & Investment Division and Sue Simon IRS Director, Customer Assistance, Relationships and Education, Wage and Investment Division who explain everything a person needs to know about filing their taxes for 2020.

The Internal Revenue Service's (IRS), for years, has been the tip of the spear for financial fraud investigations. But in 2020, the IRS doubled down creating the Fraud Enforcement Office (OFE) focused on rooting out tax evasion, abusive tax avoidance scams and other malicious activity including the use of cryptocurrency to facilitate fraudulent activity. The OFE, part of IRS's Small Business/Self Employed Division, is leading the charge in holding fraudsters, tax cheats, scammers, and money launderers accountable. In this episode, TRM Talks to Eric Hylton, IRS Commissioner of the Small Business/Self Employed Division and Carolyn Schenck, IRS Fraud Counsel, on how they are leveraging financial expertise across the IRS and around the world to combat cryptocurrency-related fraud. This podcast is hosted by TRM Labs, a blockchain analytics company. We work with crypto businesses, financial institutions and government agencies to monitor, detect and investigate fraud and financial crime in crypto. Learn more about our mission to build a safer financial system for billions of people here: https://www.trmlabs.com/about

The IRS estimates that around 85% of taxes are paid voluntarily and on time. But the tax gap, the difference between the taxes paid on time and those still owed, means hundreds of billions of dollars are missing every year. While politicians often look to increase or decrease taxes as a part of their platform, simply shrinking this gap by collecting the taxes due could solve problems and is fair to everyone. There’s an estimated $574 billion tax gap per year Charles Rossotti, the former IRS Commissioner, joins Kelly on this episode of the Taxgirl podcast to discuss how the tax gap can be shrunk. Charles goes over some of ways the IRS can be modernized to not only collect all the taxes due but ensure a smoother process for preparers and filers. Listen to Kelly and Charles talk about the tax gap: Charles’ article on how the government should target the tax gap instead of raising taxes Where does the gap come from? How the IRS can get those taxes Why doesn’t Congress enact changes to close the tax gap? The cost to close the tax gap The importance of information reporting Debunking the myth that someone’s taxes are too complex to audit Reconciliation forms How big the tax gap is compared to the average taxpayers More about Kelly Phillips Erb: Kelly is the creator and host of the new Taxgirl podcast series. Kelly is a practicing tax attorney with considerable experience and knowledge. She works with taxpayers like you every day. One of the things that she does is help folks out of tax jams, and hopefully, keep others from getting into them. Links mentioned: Kelly’s Website – Taxgirl Charles’ Bloomberg article Shrink the Tax Gap Website

https://vimeo.com/490384155 https://www.currentfederaltaxdevelopments.com/podcasts/2020/12/13/2020-12-14-paying-tax-on-1112-payments   This week we look at: IRS issues Q&As on CARES Act §§102 and 103 Tax organizations respond to IRS Commissioner on no penalty relief SBA issues guidance on tax reporting for CARES Act §1112 payments SBA adds Q&A on Forms 3509 and 3510

This week we look at: IRS issues Q&As on CARES Act §§102 and 103 Tax organizations respond to IRS Commissioner on no penalty relief SBA issues guidance on tax reporting for CARES Act §1112 payments SBA adds Q&A on Forms 3509 and 3510 Copyright 2020, Kaplan, Inc.

Listen in on the interview from the New England IRS Representation Conference of Eric Hylton, IRS Commissioner, Small Business/Self Employed Division, interviewed by Jeffrey Sklarz of Green & Sklarz LLC

Listen in on the interview from the New England IRS Representation Conference of Eric Hylton, IRS Commissioner, Small Business/Self Employed Division, interviewed by Jeffrey Sklarz of Green & Sklarz LLC

This week we look at: IRS rules taxpayers cannot deductions expenses that qualify for PPP loan forgiveness if reasonably expect forgiveness Revenue Procedure issued for taxpayer who don't get the entire expected forgiveness in the end IRS adds request for additional information on Schedules K-1 for Form 1120-S for 2020 IRS Commissioner indicates there will not any sort of broad relief for late filing and late payment of taxes No relief for late filing when CPA firm submitted efile return a few seconds late IRS updates ERC FAQ to deal with acquisition of employers who had taken out PPP loans Copyright 2020, Kaplan Financial Education

John Koskinen's role as a fixer focused on dealing with a crisis without panicking the public. He has had a plethora of impactful jobs, most of them in the government and many in the role of rescuer. Listen to the behind-the-scenes work as the plane hit the pentagon in Washington DC during 911 and what happened during the anthrax scare. He describes communicating with no cell phones during crises. Listen to his description of Y2K global implementation. His stint as IRS Commissioner reveals a political challenge, a potential impeachment, and the identity theft problem. He describes his partipation in the U.S. Soccer Foundation and his impact on soccer in the inner city. He had the ultimate rebuilding job when he became CEO of Freddie Mac during the 2008 financial crisis. In this role, he meticulously restructured operations and processes to help stabilize the government-backed company. Get a first-hand account about the value of public service and how to make an impact at the highest levels of government. This is a long one, but a terrific history lesson!

In the first episode of tax break, hosts Loren Ponds and Steve Dixon are joined by guest Jorge Castro (Member at Miller & Chevalier and former Counselor to the IRS Commissioner) to discuss the tax relief packages that Congress has already enacted and what to expect from forthcoming relief packages. TOPICS DISCUSSED: The prospects for tax legislation pre-pandemic The four packages enacted thus far CARES Act business tax provisions Prospects for the inclusion of tax provisions in future relief packages FIND OUT MORE: Miller & Chevalier's Coronavirus Task Force: https://www.millerchevalier.com/practice-area/coronavirus-task-force Thanks to our guest Jorge Castro for joining us: https://www.millerchevalier.com/professional/jorge-e-castro ********* Questions? Contact us at podcasts@milchev.com. tax break is not intended and cannot be relied on as legal advice; the content only reflects the thoughts and opinions of its hosts. tax break is a podcast about tax law, brought to you by Miller & Chevalier and hosted by Steve Dixon and Loren Ponds. We'll provide you with perspective on select tax issues that will go deeper than what the tax press covers, but not so deep that you'll have to pull out your regulations or read treatises to follow along. The aim of tax break is to focus only on the tax law issues that we find interesting. Subscribe to tax break wherever you get your podcasts. Apple Podcasts: https://apple.co/2WAZXPy  Spotify: https://spoti.fi/2T9wJVW  Google Play: https://bit.ly/3639emF  Stitcher: https://bit.ly/2Tpals3 

With IRS Enforcement increasing thanks to the new IRS Commissioner, and with more than 22 million taxpayers in need of help, this is the time to launch your Representation practice! Consider the following facts: There has been no better time to move your practice into the highly lucrative area of IRS representation. Check out Tax Rep LLC at TaxRepLLC.com and lets make 2020 the year you earn what you deserve! Looking for the Accountant's Guide to IRS Collection and Accountant's Guide to Resolving Tax Debts? Check them out here: TGPublish.com

With IRS Enforcement increasing thanks to the new IRS Commissioner, and with more than 22 million taxpayers in need of help, this is the time to launch your Representation practice! Consider the following facts: According to the IRS, there are 15 million taxpayers in the Collection Division inventory The IRS has announced it has identified more than 7 million non-filers it will be pursuing in 2020 The IRS is beginning enforcement sweeps in “underserved” areas of the US The average price of a 1040 tax return has fallen from $365 to $261 in the last 5 years Almost 60% of all Americans are filing their own tax returns (and screwing them up, creating more work for representation) There has been no better time to move your practice into the highly lucrative area of IRS representation. Check out Tax Rep LLC at TaxRepLLC.com and lets make 2020 the year you earn what you deserve! Looking for the Accountant’s Guide to IRS Collection and Accountant’s Guide to Resolving Tax Debts? Check them out here: TGPublish.com

In part 2 of an interview with former IRS Commissioner John Koskinen, Tax Notes Today senior reporter William Hoffman and Koskinen discuss President Trump’s tax returns, transparency, and whistleblowers. For additional coverage, read these article in Tax Notes:No Interview Yet Between Neal and IRS WhistleblowerTreasury IG to Review Handling of Trump Tax ReturnsHouse Lawyers to Interview Trump Tax Audit WhistleblowerTrump Audit Meddling Claim Deepens Questions About Whistleblower***This episode is sponsored by University of California, Irvine Law School’s Graduate Tax Program. For more information, visit law.uci.edu/gradtax.

In part 1 of an interview with former IRS Commissioner John Koskinen, Tax Notes Today senior reporter William Hoffman and Koskinen discuss IRS resources, enforcement, and taxpayer services. For additional coverage, read these article in Tax Notes:IRS Rules New Cryptocurrency From Hard Forks Is TaxableIRS Exams Focus on EITC Claims, Not Poor, Inspector General SaysIRS Budget Reduced Billions in Employment Tax CollectionsSmall Business Enforcement Gets Fresh Focus From New IRS Bosses

A review of the week's major US international tax-related news: OECD releases digital taxation work program – OMB sets December 2019 target date for release of many high-profile international TCJA final regulations – IRS Commissioner says cryptocurrency guidance coming within 30 days – TIGTA issues report on IRS implementation of Section 965 deemed repatriation tax

Providing a recap of IRS Commissioner Charles Rettig’s talking engagements on Thursday and Saturday at the 2019 American Bar Association Tax Section May Tax Meeting.  He is consistent on messages to give back within the tax field, to support people (both taxpayers and the IRS), and for enforcement on both the civil and criminal tax laws.  What else did he have to say?  Plus, some news about recent items for tax and the LITC world.

Less than a week from this year's tax filing season deadline the IRS is bracing for a surge of requests from taxpayers to extend the deadline. Agency employees faced an increased workload this year, implementing changes under the Tax Cuts and Jobs Act and digging out from the impact of a 35-day partial government shutdown. IRS employees voiced their concerns to two senators and IRS Commissioner Chuck Rettig. Federal News Network's Jory Heckman heard it all and joined Federal Drive with Tom Temin to break it down.

In this week's Tax Credit Tuesday Podcast, Michael J. Novogradac, CPA, will discuss the swearing in of Charles Rettig as IRS Commissioner [1:35], as well as a request for IRS guidance on energy investment tax credit technologies [2:09]. Then he moves on to a private-activity bond issuance report [3:21], CDE Certification Applications [7:09]'and a new proposal for a distressed zone tax credit [8:03]. He closes with a HUD milestone, a state low-income housing tax credit bill and some announcements from the CDFI Fund [9:32].

In this week's Tax Credit Tuesday Podcast, Michael J. Novogradac, CPA, will discuss the swearing in of Charles Rettig as IRS Commissioner [1:35], as well as a request for IRS guidance on energy investment tax credit technologies [2:09]. Then he moves on to a private-activity bond issuance report [3:21], CDE Certification Applications [7:09] and a new proposal for a distressed zone tax credit [8:03]. He closes with a HUD milestone, a state low-income housing tax credit bill and some announcements from the CDFI Fund [9:32].

Less than a year out from the next tax filing season the IRS's to-do list keeps growing. Charles Rettig, the Trump administration's pick for IRS commissioner, told senators he is looking to modernize the agency's aging workforce and IT systems. Under the new tax reform law the agency has hundreds of IT systems and forms it needs to update. Federal News Radio's Jory Heckman had more from Rettig's confirmation hearing on Federal Drive with Tom Temin.

Unfortunately, mistakes are made when running workplace retirement plans.  My guest, Marcia Wagner, the founder of The Wagner Law Group brings her over thirty years of experience working on ERISA matters to the podcast today and shares her list of the top 10 mistakes she sees retirement plan sponsors make.  For a little background, Marcia is perennially listed as one of the most influential people in the retirement industry, is frequently quoted in the Wall Street Journal and other publications and regular guest on FOX, CNN, Bloomberg, NBC and other news shows.  You can find out more about Marcia and this episode at 401kfridays.com/wagner.   Back to our conversation today, not surprising, her top ten list is spot on and she does an excellent job explaining the issues, how they happen and probably most importantly how to avoid and thoughts on how fix them if needed.  Along the way, we also have a little fun and share some laughs.  As far as top ten lists go this one makes my personal list top ten list!  Guest Bio MARCIA S. WAGNER has been practicing in the employee benefits field for over 30 years, founded The Wagner Law Group over 20 years ago and is the Firm’s Managing Partner.  Ms. Wagner is a summa cum laude and Phi Beta Kappa graduate of Cornell University  and a graduate of Harvard Law School.  Ms. Wagner is highly regarded for her broad and deep knowledge of the law, flexibility, creativity and sound judgment.  She has been at the very forefront of legal and best practices developments in the benefits arena virtually her entire career.   Ms. Wagner’s experience in employee benefits is wide-ranging and she is recognized as an expert in a variety of employee benefits matters, including qualified and non-qualified plans, fiduciary issues, deferred compensation, and welfare benefit arrangements.  Her experience in employee benefits includes plan design, drafting and preparation, compliance, tax planning and consultation on all manner and aspect of ERISA issues.  Because of her experience and reputation, she has been retained as a legal consultant to other law firms, consulting firms, employee benefits organizations, large corporate and public plan sponsors and as an expert witness in prominent ERISA litigation matters.   As counsel to all types of plan sponsors, she has worked closely on qualified plans, 403(b) and 457 plans, IRAs, employee stock ownership plans, executive compensation arrangements and retiree medical benefits (including 401(h) accounts) regarding plan operation and maintenance, plan terminations, mergers and acquisitions, tax treatment of plan participants, use of life insurance and annuities, and derisking pension liabilities.  Ms. Wagner has also advised on the design and redesign of retirement, executive, and health and welfare plans and engages in ongoing, day-to-day counseling of plan sponsors and compliance audits.   Ms. Wagner also specializes in Title I of ERISA, and she has obtained advisory opinions, information letters and prohibited transaction exemptions.  Her broad and in-depth range of experience includes handling fiduciary matters impacting plan sponsors, investment and other fiduciary committees, investment managers and advisors, recordkeepers, broker-dealers, banks, and other financial services firms.  She advises on the avoidance and rectification of prohibited transaction issues, development of compliance programs and investment policies, and day-to-day compliance issues arising under ERISA and the Internal Revenue Code.   Ms. Wagner has worked on numerous Department of Labor, IRS and PBGC audits of plans and financial institutions that service plans, and negotiated favorable closing agreements with all agencies.   Ms. Wagner was appointed to the IRS Tax Exempt & Government Entities Advisory Committee and ended her three-year term as the Chair of its Employee Plans subcommittee, and received the IRS’ Commissioner’s Award (that agency’s highest honor).  Ms. Wagner has also been inducted as a Fellow of the American College of Employee Benefits Counsel, has an “AV” peer review rating by LexisNexis Martindale-Hubbell indicating very high to preeminent legal ability and integrity and has received over 50 professional commendations and honors.  For eight years, 401k Wire listed Ms. Wagner as one of its 100 Most Influential Persons in the 401(k) industry, and she has received the Top Women of Law Award in Massachusetts and is listed among the Top 25 Attorneys in New England.  Ms. Wagner has written hundreds of articles and 15 books.  Ms. Wagner is a frequent and highly sought after lecturer, is widely quoted in business publications such as The Wall Street Journal, Financial Times, Pension & Investments, is a prolific writer and contributor to the most prestigious journals and periodicals in the benefits area, and has been a guest on FOX, CNN, Bloomberg, NBC and other televised media outlets.  401(k) Fridays Podcast Overview Struggling with a fiduciary issue, looking for strategies to improve employee retirement outcomes or curious about the impact of current events on your retirement plan? We've had conversations with retirement industry leaders to address these and other relevant topics! You can easily explore over one hundred prior on-demand audio interviews here. Don't forget to subscribe as we release a new episode each Friday!  

Impeachment: A serious punishment for serious corruption. In this episode, learn why Congress has begun the process of impeaching IRS Commissioner John Koskinen and how his impeachment would prevent light from being shined upon dark money in politics. Please support Congressional Dish: Click here to contribute with PayPal or Bitcoin; click the PayPal "Make it Monthly" checkbox to create a monthly subscription Click here to support Congressional Dish for each episode via Patreon Mail Contributions to: 5753 Hwy 85 North #4576 Crestview, FL 32536 Thank you for supporting truly independent media! Bill Outlines H.R. 5253: Preventing IRS Abuse and Protecting Free Speech Act Prohibits tax exempt organizations from being required to disclose any information about their contributors, including the person's name, address, or the amount of their contribution or gift on their annual tax returns. Passed the House of Representatives 240-182 Author: Peter Roskam (IL-6) Statement of Administration Policy: H.R. 5053 – Preventing IRS Abuse and Protecting Free Speech Act By Representative Peter Roskam and 25 cosponsors, Executive Office of the President, June 13, 2016. H.Res. 737: Condemning and censuring John A. Koskinen, the Commissioner of Internal Revenue Suggests that John Koskinen should resign or be fired by the President Suggests that John Koskinen be denied his all of his retirement payments from the Federal government S. 1728: Access to Court Challenges for Exempt Status Seekers (ACCESS) Act of 2015 Allows the United States Tax Court, the United States Court of Federal Claims, or the district court of the United States for the District of Columbia to determine qualifications for 501(c)4 status if the IRS hasn't made the determination after 270 days. S. 1578: Taxpayer Bill of Rights Enhancement Act of 2015 Congress must be notified why the IRS Commissioner decides NOT to fire an employee Requires IRS employee emails to be stored for 15 years and then be stored in the National Archives Quadruples criminal penalties for unauthorized disclosures and inspections. Prohibits IRS employees from using personal email accounts for official business Gives organizations the ability to challenge their denials of tax exempt status in court S.942: Fair Treatment for All Gifts Act Expands the tax deduction for charitable giving to include gifts to 501(c)4 organizations S. 949: Small Business Taxpayer Bill of Rights Defines a "small business" as one that makes less than $50 million a year Increases fines for unauthorized inspection or disclosure of tax returns by 10 times the current penalties Institutes mandatory unpaid leave for at least 30 days for any IRS employee that reviews an application for tax exempt status "using any methodology that applies disproportionate scrutiny to any applicant based on the ideology expressed in the name or purpose of the organization". Allows the United States Tax Court, the United States Court of Federal Claims, or the district court of the United States for the District of Columbia to determine qualifications for 501(c)4 status if the IRS hasn't made the determination after 270 days. Orders the Treasury Inspector General to Investigate criteria used to evaluate applications for tax exempt status to determine whether the criteria discriminates against taxpayers on the basis of race, religion, or political ideology. S. 283: Stop Targeting of Political Beliefs by the IRS Act of 2015 The standard used to determine whether an organization is a 501(c)4 social welfare organization that was used on January 1, 2010 will be the standard used, and it cannot be changed before February 28, 2017. Speaker Paul Ryan's version of this bill prohibits the standard from changing before December 31, 2017. Sound Clip Sources Hearing: Examining the Allegations of Misconduct Against IRS Commissioner John Koskinen, Part II, House of Representatives Judiciary Committee, June 22, 2016. Hearing: Conduct of IRS Commissioner John Koskinen, House of Representatives Judiciary Committee, May 24, 2016. Hearing: Internal Revenue Service Targeting Investigation, Senate Finance Committee, October 27, 2015. Additional Reading Article: Freedom Caucus Ups Pressure to Impeach IRS Commissioner By Daniel Newhauser, Government Executive, June 30, 2016. Article: IRS Targeting Scandal: Citizens United, Lois Lerner And The $20M Tax Saga That Won't Go Away By Kelly Phillips Erb, Forbes, June 24, 2016. Article: The Show Trial of IRS Commissioner John Koskinen By Norm Ornstein, The Atlantic, June 22, 2016. Article: IRS Chief Koskinen Fights First Appointee Impeachment Since 1876 By Lynnley Browning, Chicago Tribune, June 21, 2016. Article: House Approves Koch-backed Bill to Shield Donors’ Names By Fredreka Schouten, USA Today, June 14, 2016. Article: Appropriations Bill ‘Handcuffs'IRS on Political Group Activities By Colleen Murphy, Bloomberg Bureau of National Affairs, June 13, 2016. Article: How Crossroads GPS Beat the IRS and Became a Social Welfare Group By Robert Maguire, Open Secrets, February 12, 2016. Article: Inside the Billion-Dollar Battle for Puerto Rico’s Future By Jonathan Mahler and Nicholas Confessore, The New York Times, December 19, 2015. Article: Exelon Amends Reports Concerning Contributions To Trade Groups By Michael Beckel, The Center for Public Integrity, January 29, 2014. Article: Follow the Corporate Cash Flow to Nonprofits By Chris Zubak-Skees, The Center for Public Integrity, January 16, 2014. Article: At Least 1 in 4 Dark Money Dollars in 2012 Had Koch Links By Robert Maguire, OpenSecrets, December 3, 2013. Article: The IRS Tea Party Scandal, Explained By Andy Kroll, Mother Jones, November 21, 2013. Additional Information SourceWatch: 60 Plus Association OpenSecrets: Political Nonprofits (Dark Money) Reports IRS Return Selection: Wage and Investment Division Should Define Audit Objectives and Refine Other Internal Controls, United States Government Accountability Office, December 2015. Finance Committee Releases Bipartisan IRS Report By Aaron Forbes and Julia Lawless, United States Senate Committee on Finance, August 5, 2015. Inappropriate Criteria Were Used to Identify Tax-Exempt Applications for Review By Treasury Inspector General For Tax Administration, May 14, 2013. The Internal Revenue Service's Processing Of 501(c)(3) And 501(c)(4) Applications For Tax-Exempt Status Submitted By ‘‘Political Advocacy’’ By The United States Senate Committee on Finance, August 5, 2015. Organizations From 2010–2013 Part 1 The Report Part 2 Letters Part 3 Emails Part 4 Documents Music Presented in This Episode Intro & Exit: Tired of Being Lied To by David Ippolito (found on Music Alley by mevio) Cover Art Design by Only Child Imaginations

Medicare, cybersecurity, favors for banks, mortgages, IRS bullying, a tax cut for the rich, and a couple of good ideas are highlighted from the law and bills that passed Congress in April. Please support Congressional Dish: Click here to contribute with PayPal or Bitcoin; click the PayPal "Make it Monthly" checkbox to create a monthly subscription Click here to support Congressional Dish for each episode via Patreon Mail Contributions to: 5753 Hwy 85 North #4576 Crestview, FL 32536 Thank you for supporting truly independent media! Laws H.R. 2: Medicare Access and CHIP Reauthorization Act of 2015 Sustainable Growth Rate (SGR): Enacted in 1997, the SGR paid doctors for Medicare patients based on the growth in gross domestic product (GDP). If Medicare costs increased more than GDP, doctors payments were cut across the board. According to the American College of Physicians, this formula for payment has meant that the Medicare payment rate to doctors is essentially the same as it was in 2001 and cuts have been postponed so many times that doctors' payments would have been cut by 21% if this bill was not signed into law by April 1. This new law: Repeals the Sustainable Growth Rate formula for Medicare payments to doctors. Increases payments to doctors by 0.5% through 2019 while the payment rate transitions away from a pay-per-service model. The new system will be based on scores assessed by a "Merit-based Incentive Payment System" which will be created by the Secretary of Health and Human Services which will go into effect on January 1, 2019. A list of "quality measures" will be posted every November and doctors can choose which one's will be used in their performance assessments. Doctors will be rated and paid based on a performance score from 0 to 100, which will take improvement into account starting in the second year of the program. The GAO will report on the effectiveness of the system by October 1, 2021. An advisory committee will be created to propose alternative payment models, which will be lump sum payments to group practices and medical homes. Sets a goal for Medicare records to be electronic nation-wide by December 31, 2018. Extends a bunch of existing Medicare programs, including the Children's Health Insurance Program (which covers low income kids whose parents make too much for Medicaid) for two years. Doubles the length of Medicare administrator contracts from five to ten years. Expands nationally a prior authorization requirement for "repetitive scheduled non-emergent ambulance transport" Prohibits the printing of social security numbers on Medicare cards Pays for the new system by... Denying access to policies with no out of pocket costs to people who enter Medicare after January 1, 2020. For all future beneficiaries, they will have to pay at least $147 per year (the cost of the Medicare Part B deductible). Increasing the premiums for relatively high income individuals. People who have a gross income between $133,501 and $160,000 ($267,000 and $320,000 for a couple) will pay a 65% premium instead of 50%, and people above that will pay an 80% premium rate. This would increase with inflation beginning in 2020. Has a huge increase in the levy that the Treasury Department can impose on tax delinquent service providers, increasing it from 30% to 100%, effective on October 16, 2015. Will have auditors distribute information about improper payments to help reduce the number of them. Creates a paper-free option for Medicare notices, saving mail fees. The effect this bill will have on the budget will not be counted. The Congressional Budget Office (CBO) estimates this bill will increase the budget deficit by $141 billion. Passed 392-37 in the House and 92-8 in the Senate Sponsored by Rep. Michael Burgess of Texas 95 pages Bills H.R. 1731: National Cybersecurity Protection Advancement Act of 2015 For reference, here's the text as of March 2015 of the Homeland Security Act, which is amended by this bill. This bill: Adds "private entities" to the list of groups that will be part of the National Cybersecurity and Communications Integration Center, which coordinates information sharing between the Federal government and other entities. Adds new groups to the list of who will be included in the National Cybersecurity and Communications Integration Center who will coordinate with all sizes of businesses. Expands the type of information that the National Cybersecurity and Communications Integration Center will share between the Federal government, local governments, and private sector. Authorizes the National Cybersecurity and Communications Integration Center to share information internationally. Requires the government and businesses to use existing technology to "rapidly advance" implementation of "automated mechanisms" for sharing between the National Cybersecurity and Communications Integration Center and Federal agencies. Participation by non-Federal entities will be voluntary. Agreements that exist before this bill is signed into law will be deemed compliant with this law. All participating entities need to take "reasonable efforts to remove information that can be used to identity specific persons". There's no listed punishments if they don't. The Under Secretary for Cybersecurity and Infrastructure Protection will create policies for governing the use of information shared with the National Cybersecurity and Communications Integration Center 180 days AFTER the bill becomes law. He/she will also be responsible for creating "sanctions" for government employees who disregard his/her privacy policies. Private entities that share information will have immunity from lawsuits, if they share information according to this law. If the Federal government breaks this law, it will have to pay the person actual damages or $1,000, whichever is higher, plus attorneys fees. There is a two year statute of limitations. This law will trump state laws that limit information sharing. The law would sunset 7 years after enactment. Passed 355-63 in the House Sponsored by Rep. Michael McCaul of Texas 60 pages H.R. 1560: Protecting Cyber Networks Act Contains the text of H.R. 1731: National Cybersecurity Protection Advancement Act Within 90 days of enactment, the Director of National Intelligence must develop procedures for sharing classified "cyber threat indicators" with "non-Federal entities" Allows cybersecurity monitoring of government systems to be privatized Allows "non-Federal entities" to share information to with anyone other than the Defense Department. The entity sharing information must "take reasonable efforts" to remove personally identifiable information on people "not directly related" to the cybersecurity threat. The President will develop polices governing what happens to information received by the Federal Government, within 90 days of the bill becoming law. The Attorney General will create policies relating to privacy and civil liberties, within 90 days of the bill becoming law. A new branch, with 50 or less employees, will be created within the Office of the Director of National Intelligence called the Cyber Threat Intelligence Integration Center, which will "serve as the primary organization within the Federal Government for analyzing and integrating all intelligence possessed or acquired by the United States pertaining to cyber threats." Information shared with the government is exempt from public disclosure. Information given to the government "shall not be subject to a rule of any Federal department or agency or any judicial doctrine regarding ex parte communications with a decision-making official." The government can keep and use information given to it to investigate, prosecute, prevent or mitigate a threat of "death or serious bodily harm or an offense arising out of such a threat" and to investigate, prosecute, prevent or mitigate a threat to a minor. The information can also be used to prevent, investigation, disrupt, or prosecute fraud, unauthorized access to computers and transmission of information taken from it, "serious violent felonies" including murder, manslaughter, assault, sexual abuse, kidnapping, robbery, carjacking, extortion, firearms use, firearms possession, or attempt to commit any of these crimes, espionage including photographing or sketching defense installations, and theft of trade secrets. Passed 307-116 in the House Sponsored by Rep. Devin Nunes of California 121 pages H.R. 650: Preserving Access to Manufactured Housing Act of 2015 Changes the definition of "Mortgage originator" to exclude mobile home retailers who take mortgage loan applications, negotiate loans, or advise consumers on loan terms (including rates, fees, and other costs) This exempts mobile home dealers from licensing, registry, a law prohibiting payment based on the terms of the loan, regulations prohibiting steering customers towards loans they can't repay or with excessive fees, regulations prohibiting mischaracterizing a customer's credit history, regulations prohibiting the mischaracterization of the appraised value of the home, or steering a customer towards a loan that's more expensive than others that they qualify for. Increases the interest banks can charge people buying a home for under $75,000 without the loan being labeled as "high-cost", which subjects the loans to Consumer Financial Protection Bureau regulations. The regulations this would exempt the loans from: Ban balloon payments, which is an oversized payment due at the end of a mortgage Prohibit banks from charging prepayment penalties and fees Restrict late fees to four percent of the payment that is past due Bans fees for loan modification Require banks make sure the loan can be repaid before offering it Prohibit banks from recommending that a customer default on a loan Require that banks receive a confirmation that the customer has received homeownership counseling before they accept a high-cost mortgage. Would allow banks to charge $3,000 or 5% in fees for loans under $75,000, whichever is greater. Current law says banks can charge 5% for loans over $20,000, so the $3,000 fee option would hit the smaller loans the hardest. Passed the House 263-162. Rep. Walter Jones of North Carolina was the only Republican no vote. The bill would be vetoed by President Obama. Sponsored by Rep. Stephen Fincher of Tennessee He took $15,150 from Clayton Homes for the 2014 election, his #4 donor and Clayton Home's #1 recipient of funds. Jeb Hensarling, the Chairman of the House Financial Services Committee was Clayton Homes #2 recipient in 2014, giving him $8,750. 4 pages H.R. 685: Mortgage Choice Act of 2015 By changing the definition of what charges count as "points and fees", this bill... Reverses a Dodd-Frank requirement that charges for title insurance be counted as points and fees if they're paid to an affiliate of the bank/creditor that issued the loan. Currently, points and fees can not be greater than 3% of the loan amount, which include fees charged by affiliated settlement providers. Every thing that gets exempted from counting as "points and fees" therefore becomes additional charges the lender is allowed to tack on to a mortgage. Exempts money held in escrow for insurance from being considered points and fees, which exempt insurance charges from the fee caps. The change in definition allows more fees to be charged to mortgages, while keeping those mortgages from being classified as "high-cost" and being subject to greater restrictions. This is a zombie bill from the 113th Congress; it passed by voice vote on June 9, 2014. Passed the House 286-140. Rep. Walter Jones of North Carolina was the only Republican no vote. Sponsored by Rep. Bill Huizenga of Michigan His top three contributing industries are - in this order - Insurance ($273,265), Real Estate ($218,175), and Commercial Banks ($193,000). 4 pages H.R. 299: Capital Access for Small Community Financial Institutions Act of 2015 Federal Home Loan Banks are privately owned cooperatives, funded by the global credit market, which provide money to local banks. There are twelve of them around the country and they are owned by the member banks. Most local banks are members of least one Federal Home Loan Bank. Allows privately insured credit unions to become members of Federal Home Loan Banks if they are FDIC eligible or are certified by the State. If the State doesn't get to it in under 6 months, the application is deemed approved. Zombie bill from the 113th Congress Passed the House by voice vote Sponsored by Rep. Steve Stivers of Ohio His top three contributing industries over the course of his four year Congressional career have been Insurance ($898,858), Commercial Banks ($534,622), and Securities and Investment ($502,098). 6 pages H.R. 1259: Helping Expand Lending Practices in Rural Communities Act Orders the Consumer Financial Protection Bureau to create an application process for people or companies to have their location designated as "rural" This would allow residents to become eligible for certain mortgages and exempt lenders from regulations intended for urban areas, according to Phil Hall of National Mortgage Professional Magazine Sunsets after 2 years. Zombie bill from the 113th Congress Passed the House 401-1. Nydia Valazquez of New York was the only no vote. Sponsored by Rep. Andy Barr of Kentucky He has taken $333,800 from the Securities & Investment industry during his 3 years in Congress. 4 pages H.R. 1195: Bureau of Consumer Financial Protection Advisory Boards Act Creates paid advisory boards for the Consumer Financial Protection Bureau made up of bankers Places limits on funding for the Consumer Financial Protection Bureau Passed the House 235-183, with 4 Democrat Ayes and 5 Republican Nays President Obama would veto the bill Sponsored by Rep. Robert Pittenger of North Carolina His #4 and #5 contributing industries are Securities & Investment and Commercial Banks; he's taken a combined $189,450 during his 3 years in Congress 7 pages H.R. 1314: Ensuring Tax Exempt Organizations the Right to Appeal Act Became the vehicle for Trade Promotion Authority in the Senate Creates an appeal process for organizations that are denied tax-exempt status Would apply to decisions made on or after May 19, 2014. Passed the House by voice vote Sponsored by Rep. Patrick Meehan of Pennsylvania 4 pages H.R. 1026: Taxpayer Knowledge of IRS Investigations Act Gives the Treasury Secretary the option of telling organizations if they are investigating a claim of unauthorized information disclosure by a government, if the investigation substantiated their claim, and if any action, including prosecution, is planned. Passed the House by a voice vote Sponsored by Rep. Mike Kelly of Pennsylvania 3 pages H.R. 709: Prevent Targeting at the IRS Act Allows the IRS to fire employees who steer and audit for a political purpose or for personal gain. Passed the House by a voice vote Sponsored by Rep. James Renacci of Ohio 2 pages H.R. 1104: Fair Treatment for All Gifts Act Makes gifts made to 501(c)4 "social welfare" groups, 501(c)5 labor and agricultural groups, and 501(c)6 business groups (including chambers of commerce, real-estate boards, and professional football leagues) tax exempt. Passed the House by voice vote Sponsored by Rep. Peter Roskam of Illinois 3 pages H.R. 1058: Taxpayer Bill of Rights Act Tells the IRS Commissioner to "ensure" that IRS employees are "familiar with and act in accord" with a list of "taxpayer rights" including The right to be informed The right to quality service The right to pay no more than the correct amount of tax The right to challenge the position of the Internal Revenue Service and be heard The right to appeal a decision of the Internal Revenue Service in an independent forum The right to finality The right to privacy The right to confidentiality The right to retain representation The right to a fair and just tax system Passed the House by a voice vote Sponsored by Rep. Peter Roskam of Illinois 3 pages H.R. 1152: IRS Email Transparency Act Prohibits IRS employees from using personal email accounts for official business Passed the House by a voice vote Sponsored by Rep. Kenny Marchant of Texas 2 pages H.R. 1105: Death Tax Repeal Act Repeals the estate tax for anyone who dies after the bill is signed Repeals the generation-skipping transfer tax, which is a tax on gifts and transfers of wealth to unrelated people who are more than 37.5 years younger than the donor, or to related people who are one generation younger. Would lower the top gift tax rate from 40 to 35 percent. The effects of this on the budget would not be counted. The CBO says this would increase the deficit by $269 billion over the next 10 years President Obama would veto the bill. Passed by 240-179 Sponsored by Rep. Kevin Brady of Texas 7 pages H.R. 622: State and Local Sales Tax Deduction Fairness Act Permanently extends the law that allows taxpayers who itemize their claims to deduct their state's sales taxes instead of getting a deduction for their state's income taxes. The effect of this bill on the budget would not be counted. CBO says this would increase the Federal deficit by $42 billion over the next ten years. President Obama would veto the bill. Passed the House 272-152. Rep. Walter Jones of North Carolina was the only Republican no vote Sponsored by Rep. Kevin Brady of Texas 2 pages H.R. 1562: Contracting and Tax Accountability Act of 2015 Stops Federal agencies from contracting with companies that are tax delinquent A waiver can be issued and the contract granted if a report is submitted to Congress saying that the contract "significantly affects the interests of the United States" Passed the House 424-0 Sponsored by Rep. Jason Chaffetz of Utah 9 pages H.R. 471: Ensuring Patient Access and Effective Drug Enforcement Act Makes the Attorney General list specific laws and regulations that a drug company is accused of violating in their notices to the companies regarding the possible suspension of their drug's registration. Allows drug companies to submit a "corrective action plan" when their drug registration may be suspended Passed the House by a voice vote Sponsored by Rep. Tom Marino of Pennsylvania His top contributing industry for the last election was the pharmaceutical industry; they gave him $55,250. 6 pages S. 971: Medicare Independence at Home Medical Practice Demonstration Improvement Act Increases the length of Medicare contracts for at-home care from 3 years to 5 years Passed the Senate by a voice vote Sponsored by Senator Ron Wyden of Oregon 2 pages H.R. 373: Good Samaritan Search and Recovery Act Clarifies that search and rescue volunteers are not Federal volunteers and are not entitled to Federal compensation. Releases the government from liability for allowing search and rescue teams onto Federal land so that they won't have to get insurance. The government as to approve or deny a request for a search and rescue mission within 48 hours. Passed the House 413-0 Sponsored by Rep. Joe Heck of Nevada Rep. Heck introduced the bill in response to the murder of Keith Goldberg; the search for his body in the Lake Mead National Recreation Area was delayed because the search team needed a special use permit and a $1 million insurance policy. It took 10 months to get the insurance; his body was found 3 hours after their search began. The National Association for Search and Rescue and the National Park Service, however, don't think access is a problem. 6 pages S. 304: Motor Vehicle Safety Whistleblower Act Protects the identity of whistleblowers who provide information relating to motor vehicle defects or other dangerous safety problems. Allows the government to give up to 30% of the fine collected from a car company that breaks the law to the whistleblower whose information lead to the conviction. The whistleblower is not allowed to be represented by a lawyer. Passed the Senate by a voice vote Sponsored by Senator John Thune of South Dakota Senator Thune has taken over $380,000 from the automotive industry 11 pages S. 984: Steve Gleason Act of 2015 Starting in 2016, Medicare would cover speech generating devices. Allows people to own their speech generating devices (as opposed to renting them) if purchased between October 1, 2015 and October 1, 2018. Named after former NFL football player Steve Gleason, who played for the New Orleans Saints before being diagnosed with ALS Passed the Senate of a voice vote Sponsored by Senator David Vitter of Louisiana 3 pages Hearings Rules Committee: April 13 on HR 650 and HR 685, about housing bills. Rules Committee: April 21 on HR 1731 and HR 1560 on Cybersecurity House Committee on Financial Services: March 18 hearing on deregulation for banks titled "Preserving Consumer Choice and Financial Independence" Information Presented in This Episode Article: 'Doc fix' headed to president's desk after easily clearing Senate by Paul Demko, Modern Healthcare, April 14, 2015. Article: The mobile-home trap: How a Warren Buffett empire preys on the poor by Mike Baker and Daniel Wagner, The Seattle Times, April 2, 2015. Article: MBA's Mortgage Action Alliance: A Message from MAA Chairman Fowler Williams by Fowler Williams, National Mortgage Professional Magazine, June 11, 2015. Article: U.S. Bank Profits Near Record Levels by Robin Sidel and Saabira Chaudhuri, Wall Street Journal, August 11, 2014 Article: Bureaucracy hindered search for slain brother by Anjeanette Damon, USA Today, March 8, 2014. Webpage: About the National Cybersecurity and Communications Integration Center, Department of Homeland Security. Webpage: Team Gleason Press Release: Rep. Kelly Introduces Taxpayer Knowledge of IRS Investigations Act Additional Information Kickstarter: Explore Campaign Finance App by Soloman Kahn. Jen's Podcast Appearances Episode 66: Talk Nerdy with Cara Santa Maria Episode 42: Podcast Junkies with Harry Duran Music Presented in This Episode Intro & Exit: Tired of Being Lied To by David Ippolito (found on Music Alley by mevio) Ask Your Doctor by Neal Fox (found on Music Alley by mevio) Thank you by Ben Willmott (found on Music Alley by mevio)

Steve G. Jones board certified  Clinical Hypnotherapist.He has been practicing hypnotherapy since the 1980s. He is the author of 22 books on Hypnotherapy. He is a member of the National Guild of Hypnotists, American Board of Hypnotherapy, president of the American Alliance of Hypnotists, on the board of directors of the Los Angeles chapter of the American Lung Association, and director of the California state   Chip Eichelberger after five years with world-renowned business leader Tony Robbins as his international point man, Chip launched his own career in 1993. He has since been selected to "switch on" over 975 events for companies and associations such as Ford, Hyatt, Wells Fargo, Proctor & Gamble, Exxon and MassMutual.hip has been ranked a Top 5 Speaker by Speaking.com three years in a row, and one of only 7% of the members of the National Speakers Association to earn the prestigious Certified Speaking Professional designation. His new book with Jeff Davidson - The Smart Guide to Accomplishing Your Goals was just released.  David Baxter Senior Vice President at Age Wave, a research and consulting company focused on the age 50+ population. David develops and oversees national and global studies that reveal the unique trends and opportunities created by the growth of the age 50+ population. Age Wave, in partnership with Merrill Lynch, has just completed a study on how and where people live in retirement, entitled “Home in Retirement: More Freedom, New Choices.” Mark Everson has had many executive level positions in the private sector ranging from Plant Manager to CFO, but is best known as the former Deputy INS Commissioner under President Reagan, IRS Commissioner under President George W Bush, and was Commissioner of the Department of Workforce Development for Indiana Governor Mitch Daniels.  

The congressional committee investigating the IRS' targeting and harassment of conservative groups learned from the agency that Lois Lerner's computer had crashed and all emails and data pertinent to the investigation were unrecoverable. The agency later reported that the hard drives of six other IRS employees working alongside Lerner had also crashed and that data was unrecoverable. Paul Ryan spoke up against IRS Commissioner John Koskinen saying:  "this is unbelievable" and "I don't believe you." I think that all Americans can agree with Paul Ryan on his reaction to the commissioner.   It's time for our government to be accountable to justice and to the people of this great country! Visit our website:  http://www.lincaustin.com To receive a FREE bumper sticker:  http://lincaustin.com/gear/

Owen serves up a dish of delicious tax news, tips and more, including:  Energy efficiency, tax savings and home improvements  Calculating social security  Spying on tax payers with Google Maps Commuting costs and taxes Nominee for IRS Commissioner, John Koskinen  Toilet paper and tax exemptions?  Mortgage interest deductions Rules for deducting business mealsNote: The IRS is not accepting tax returns until January 31, 2014. Be sure to get with your tax professional well before then. Recorded 12.21.2013

Protecting your privacy and preventing identity theft are high on your list of priorities. So why is the IRS' behavior so wreckless? Also, in this episode:Obama's nomination of John Koskinen as IRS CommissionerThe tax cost of contract procrastinationTax issues of the Real Housewives of New JerseyPlus: Justin Elliott & Ryan Mason of Elliott, Mason & Associates, a financial advisory practice of Ameriprise Financial Services, Inc.Recorded on 08.03.2013

Aired: 6/15/2013 7 PM:: Richard and Joe welcome former IRS Commissioner and former deputy commissioner of the Immigration and Naturalization Services, Mark W. Everson