Talking Tax
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Talking Tax
Talking Tax, from Bloomberg Tax, is a weekly discussion of the most pressing issues facing tax and accounting professionals. Each week the podcast features discussions with lawmakers, federal regulators, lawyers, and journalists. From the courts to Capitol Hill to the IRS, Talking Tax has it covered...
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423 episodi
What an IRS CEO Means for Tax Administration, Agency Functions
Taxpayer advocates are keeping close watch on this week's decision to name Social Security Administration Commissioner Frank Bisignano as CEO of the I...

How Transfer Pricing Can Help Fix a Student Athlete Pay Problem
Ever since student athletes gained the right to be compensated for use of their image in advertisements and merchandise sales, the money has flooded i...

Hashing Out US-World Tensions on 'Side-by-Side' Global Tax Deal
About three months have passed since Treasury Secretary Scott Bessent announced that the US, along with its Group of Seven allies, agreed to work on a...

How IRS Attorney Departures Will Prolong Cases, Spur Settlements
Big job cuts and reductions in resources at the IRS are liable to prolong disputes over tax bills and force the agency to leave money on the table whe...

Companies Face Tariff-Induced Transfer Pricing Audit Risks
President Donald Trump's widespread tariffs are boosting tax dispute risks for companies that are scrambling to understand how to factor the new trade...

Enrolled Agents Anticipate IRS Chaos for Next Tax Filing Season
Tax preparers consider themselves foot soldiers on the front lines of Americans' income tax preparations.
They provide advi...

Congressional Deadline on Shutdown Deal Adds to IRS Challenges
Congress is back in session with just a few weeks to reach an agreement before government funding runs out Sept. 30. For IRS watchers, the lack of agr...

IP Poses Risks, Opportunities for Companies' Tariff Planning
As President Donald Trump's tariffs make waves in the world economy, multinational companies are mulling what it could mean for their intangible asset...

KPMG Juggles AI Efficiency Gains With Long-Term Talent Strategy
Big Four accounting firms are racing to integrate next-generation AI technology across their service lines and develop a talent strategy to match the...

Cross-Border Tax Evasion Is an Old Story, Roman Scroll Reveals
Proof from an ancient Roman scroll: As long as there have been taxes, there has been tax evasion.
When researchers studied...

Pharmaceutical Companies Navigate Transfer Pricing as Tariffs Loom
Pharmaceutical companies are scrambling to respond to the Trump administration's tariff threats, seeking to mitigate duties on their products while ke...

Help Wanted: Top Job at IRS Open After Confirmed Chief Splits
One of the most unwanted jobs in Washington is now up for grabs—again.
President Donald Trump's IRS commissioner, Billy Lo...

Tariffs Draw All Hands—Tax and Others—to the Executive Suite
It’s been four months since the Trump administration announced its “Liberation Day” tariffs, and companies are still scrambling to make sense of what...

Small Business, Trusts Brace for Phaseout of Paper Tax Refunds
Millions of taxpayers used to getting paper checks from the Treasury Department will soon have to find another way to get their money as the agency ph...

Trump Administration Signals Changing Standards for Tax-Exempts
Tax-exempt organizations are closely watching the Trump administration to see if it makes good on its intention to alter standards around claiming tax...

The Tax Bill's Obscure Breaks and the Road Ahead for Congress
Tax breaks for whale captains in Alaska and spaceport builders were among the lower-profile perks included in the GOP's $3.4 trillion tax-and-spending...

What Latin America Can Teach About Tariffs, Transfer Pricing
Multinational corporations have been hustling to make sense of the flurry of US tariff policy changes this year, and figure out how to factor that int...

What the G7 Did to the Global Tax Pact, and What Comes Next
The fate of the OECD-led global tax deal was rocked this week after the US and its Group of Seven allies came to an understanding that would exempt Am...

US Audit Board’s Role Still Sparks Debate Two Decades Post-Enron
Congress is reconsidering the accounting guardrails it put in place more than two decades ago to ensure investors can trust the revenues and asset val...

Here's the Status of the GOP Tax Bill Moving Through Congress
The Republican-led Senate Finance Committee unveiled its portion of the mammoth tax-and-spending legislation that's quickly moving through Congress, a...

Big Four Layoffs Hit Amid Uncertain Time for Accounting Pipeline
Recent layoff announcements at Big Four accounting, tax, and consulting firms come as the industry faces economic uncertainty and a shrinking talent p...

Why Markets Fear Impact of House GOP's Proposed Retaliatory Tax
The “revenge” tax provision that’s in the giant tax bill working its way through Congress has a lot of people worried.
Know...

International Provisions in GOP Tax Bill Face Senate Changes
Companies scored wins after the House passed a multi-trillion-dollar tax bill that largely preserved the current tax rates on foreign-earned income. <...

A Budget Watchdog Veteran Warns GOP Tax Bill to Hike Deficit
House Republicans are moving quickly to get a massive tax-and-spending package across the finish line before week's end even as they negotiate with pa...

IRS Staff Downsizing Offers New Look at Private Sector Tax Work
With the massive wave of federal government layoffs, tens of thousands of workers from the IRS and other agencies are likely looking for new jobs, pot...

IRS Workforce Cuts, Leadership Departures Ripple Across Agency
The IRS right now isn't the same agency it was at the start of this year.
That's because about 20% of IRS workers have sig...

Why GOP Lawmakers Are Targeting the US Audit Board
House Republicans are pushing a plan to dismantle the US audit board and send its watchdog duties to the Securities and Exchange Commission as part of...

Congress Returns With Ambitious Plans to Move on Tax Extensions
Before leaving for a two-week break, House Republican lawmakers adopted a Senate budget outline to expedite legislation to push through trillions of d...

IRS Workforce Cuts to Impede Progress on AI, Modernization
Deep cuts to the IRS workforce mean the agency might have to rely more heavily on technology to keep up taxpayer services and enforcement.

Tariffs, Trump's Global Tax Snub Hit OECD Negotiations
The Trump administration's massive new tariff pronouncements, on top of its pullback from the OECD’s global tax deal, have cast doubt on the future of...

What the Changing IRS Workforce Means for Taxpayers
The hard-charging effort led by billionaire Elon Musk to reshape the federal workforce at the IRS and other agencies might lead to lasting changes. Bu...

Corporate Transparency Act Rules Rollback Shakes Suits
Millions of US companies are off the hook when it comes to disclosing their beneficial owners' identities to the federal government, after the Trump a...

Tax Cuts, Credits Hang in Balance for NY Budget Talks
New York officials are in the final stage of the state’s budget process, following March 13 passage of the Assembly and Senate individual spending an...

Tariffs Shake Up Companies' Transfer Pricing Planning
Tax departments at multinational companies are scrambling to keep up with the Trump administration's tariff announcements as the updates pile in day t...

Treasury Equity Hub Caught in Trump's DEI Crosshairs
President Donald Trump's early executive order to end federal diversity, equity, and inclusion programs upended at least one team in the Treasury Depa...

US Audit Board's Future Depends on Trump, GOP Moves
The US audit board has already been forced to revise its priorities as the Trump administration begins to reshape the federal government.
The Pu...

How Budget Reconciliation Works for Tax Cut Extensions
Republicans in Congress have been working to find consensus to cement tax code changes made in President Donald Trump’s first presidency and jump-star...

Companies Mull Gaps in Brazil's Transfer Pricing Rules
Brazilian taxpayers and practitioners continue to clamor for more guidance on the country's new transfer pricing regime implemented last year.
T...

IRS Crypto Reporting Rules Face Industry, GOP Ire
Treasury Department and IRS finalized rules requiring crypto exchanges to provide information on taxpayers’ buying and selling activities are meeting...

Ex-OECD Delegate Talks Global Tax Deal, Trump Memo
President Donald Trump threw a major wrench into the fate of the OECD global tax deal on his first day in office, sparking concerns among the internat...