Going Through the IRS's Long To-Do List for 2023
Listen now
Description
Congress was busy on tax policy in 2022, and that means the IRS will have work to do this year. The agency has issued some guidance clarifying the Inflation Reduction Act's tax provisions, but it has lots more that needs to get out in the coming weeks and months. On this episode of our weekly podcast, Talking Tax, we hear about the big-ticket items the IRS needs to get out the door from three Bloomberg Tax reporters: Erin Slowey, Lauren Vella, and Naomi Jagoda. We also discuss the IRS's plans to spend the nearly $80 billion in federal funding Congress granted—funds that could make this year's filing season go more smoothly. Do you have feedback on this episode of Talking Tax? Give us a call and leave a voicemail at 703-341-3690.
More Episodes
The new 15% global minimum tax that took effect this year is turning out to be compliance beast. The tax, which is part of an international tax deal agreed to by more than 140 countries in 2021, contains a slew of new technical terms, complex rules, and hundreds of pages of administrative...
Published 04/24/24
Published 04/24/24
A looming decision from the US Supreme Court on federal agency rulemaking power is fueling chatter on just how much it could upend the regulatory process at these agencies. Justices in January heard two cases, Relentless v. Dept. of Commerce and Loper Bright Enterprises v. Raimondo, which...
Published 04/17/24