What's New in Tax Legislation #066
Simply Tax
English - July 04, 2019 10:17 - 32 minutes - 46.6 MB - ★★★★★ - 179 ratingsBusiness simplytax tax taxplanning taxpodcast Homepage Download Apple Podcasts Google Podcasts Overcast Castro Pocket Casts RSS feed
Take a “drive” with frequent guest Ed Karl to hear the latest on tax-related legislation in Washington, D.C. In addition, listen in for updates on cryptocurrency guidance, the taxation of the digitized economy and Ed’s advice for the fall tax season.
TIME STAMPS OF WHAT’S COVERED
”It looks like everything is headed towards a September fiscal cliff” @1:35 Ed’s outlook on extenders and Tax Cuts and Jobs Act (TCJA)-related corrections legislation @7:55 The Setting Every Community Up For Retirement Enhancement Act of 2019 @11:26 The Taxpayer First Act @12:22 Observations on the first tax season under the TCJA @14:12 Guidance on virtual currency @18:31 Update on the taxation of the digitized economy @20:58 Possible preparer regulation @25:18 “You have to have a lot patience to work in Washington” @27:11 Closing thoughts @29:54BIO FOR GUEST
Edward Karl, CPA, is the vice president of taxation at the AICPA. He’s responsible for the review, formulation and submission of technical and policy recommendations for improvement of the federal tax process to Congress, the U.S. Department of the Treasury and the IRS. Mr. Karl also serves as a principal liaison for the AICPA with the IRS and is responsible for tax ethical issues, which includes the management of the AICPA’s Statements on Standards for Tax Services. Finally, Mr. Karl oversees the tax division’s delivery of services to members, focusing on helping AICPA members provide the highest quality professional tax services.
Follow Ed on Twitter Connect with Ed on LinkedInADDITIONAL RESOURCES MENTIONED IN THE EPISODE
Mentioned on the podcast:
"Death & Taxes" YouTube playlist Episode 60: Tax Return Positions with Ed Karl Episode 46: Do You Have 199A Confusionosis? with Amy Wang and Glen Birnbaum Episode 29: What's the CPAR? with Jonathan Horn Episode 16: AICPA's 199A Task Force with Amy WangAdditional tax reform resources:
AICPA Tax Reform Resource Center BKD Tax Reform Resource CenterGET MORE “SIMPLY TAX”
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