Simply Tax
166 episodes - English - Latest episode: over 1 year ago - ★★★★★ - 179 ratingsSimply Tax™ cuts through the static of the tax world and doesn’t waste your time by needlessly tossing around technical terms and citing code sections. Host Damien Martin has a knack for boiling down complex issues for business professionals who need a trusted advisor to help strengthen their tax mind.
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Episodes
COVID-19 Business Interruption Claims #103
July 17, 2020 09:00 - 1 hour - 61.4 MBGuests Bryan Callahan, Bob Sprague, Will Weltman, and Kevin Dreher join host Damien Martin to have a conversation surrounding business interruption claims, contingent business interruption claims, civil authority claims, and related considerations amid a global pandemic. Here’s what’s covered: Take stock and consult a professional [04:11] Industries impacted fall into two buckets [07:51] Timeline and what to expect [10:20] Arbitration [12:07] Assessing the magnitude and where to sta...
Accounting For Diversity & Inclusion - Part 2 #102
July 08, 2020 16:36 - 36 minutes - 34.4 MBBKD partners Rachel Dwiggins and JoAnna Simek join host Damien Martin to continue a conversation on diversity, equity, and inclusion and share their experiences as women in the accounting profession. Here’s what’s covered: Experiencing the 2019 AICPA Women's Global Leadership Summit (Summit) [01:14] Being the only woman in the room [03:24] Creating a more inclusive conversation [06:03] Key takeaways from the Summit [07:42] BKD’s SKY initiative [12:41] Unconscious bias [14:04] Me...
Accounting For Diversity & Inclusion - Part 1 #101
June 30, 2020 08:00 - 53 minutes - 74.4 MBGuest Trisha Daho joins host Damien Martin to discuss why and how to create an inclusive culture to help give everyone in your organization the path and tools to reach their highest aspirations and fullest potential. Here’s what they cover: Who is Trisha Daho? @01:39 What is diversity, equity and inclusion @03:33 You need solve an inclusion problem first @04:54 The business case for diversity @07:12 Where to start @08:45 What to do after you assess where you are? @12:44 A sense ...
Accounting For Diversity & Inclusion #101
June 30, 2020 08:00 - 53 minutes - 74.4 MBGuest Trisha Daho joins host Damien Martin to discuss why and how to create an inclusive culture to help give everyone in your organization the path and tools to reach their highest aspirations and fullest potential. Here’s what they cover: Who is Trisha Daho? @01:39 What is diversity, equity and inclusion @03:33 You need solve an inclusion problem first @04:54 The business case for diversity @07:12 Where to start @08:45 What to do after you assess where you are? @12:44 A sense ...
Looking Forward & Looking Back #100
June 12, 2020 14:50 - 1 hour - 68.8 MB“Simply Tax” turns 100 by looking back and looking forward with Sam Allred, Jeremy Clopton and Heath Alloway of Upstream Academy on how accounting firms are responding to the coronavirus pandemic and preparing for future success. Here’s what’s covered: Looking back to the beginning of 2020 [02:43] Top four goals of managing partners, even during crisis [05:03] Areas of focus amid a pandemic [12:01] Lessons firms have learned so far [17:49] The do’s and don’ts of leadership in the pr...
Simply Uncut: The Latest on PPP Loan Forgiveness
May 27, 2020 19:01 - 58 minutes - 80.9 MBThe U.S. Small Business Administration (SBA) released two more interim final rules on the Paycheck Protection Program (PPP) on Friday, May 22. Host Damien Martin calls up BKD’s Tad Goodenbour, James Anderson and Robb Conner to unpack the latest guidance and what it means for borrowers. ADDITIONAL RESOURCES MENTIONED IN THE EPISODE BKD alert: PPP Loan Forgiveness: What We Know (May 26, 2020) BKD article: SBA Releases PPP Loan Forgiveness Application (May 19, 2020) BKD webinar archiv...
The Psychology Of Wealth In Taxing Times #099
May 20, 2020 07:00 - 32 minutes - 45.1 MBAdapting effectively to adjustments in economic culture and wealth is often difficult and requires families to balance past tradition with the need to move forward. Internationally-recognized family wealth psychologist Dr. James Grubman joins host Damien Martin to discuss the dilemmas, decisions and challenges that come with wealth and share real-world stories for those both new to and coming from wealth. Here’s what’s covered: Immigrants and natives to wealth @02:48 “Adapting from one ec...
Tax Season Not Normal With The AICPA #098
May 11, 2020 19:30 - 53 minutes - 73.9 MBHost Damien Martin wraps up a multi-episode look at the tax season with American Institute of CPAs (AICPA) Director of Tax Practice & Ethics Cari Weston. Here’s what’s covered: Who is Cari Weston? [01:29] “You can absolutely not go wrong with a degree in accounting” [07:54] How was tax season? [11:21] What members experienced this season [20:30] The importance of being future ready [26:36] The case for being nimble [31:48] How accountants can be more consultative [37:50] Tips ...
Tax Season Not Normal with Taxgirl #097
May 04, 2020 16:27 - 49 minutes - 69.6 MBHost Damien Martin continues a multi-episode look at the tax season with Kelly Phillips Erb, popularly known as Taxgirl. Here’s what’s covered: Who is Taxgirl? @ 1:16 Why tax? @ 2:51 Challenges and changes @ 5:20 Watch out for scammers! @ 12:49 The experience of writing and reporting on the tax season @ 16:44 The most important and overlooked provisions @ 19:32 Tips for the current environment @ 21:56 Tips for a career in tax and writing about tax @ 27:09 How Taxgirl started...
Tax Season Not Normal With BKD #096
April 29, 2020 07:30 - 1 hour - 91.8 MBThis time of year, tax practitioners are normally greeted with the question, “How was tax season?” With the disruption caused by the SARS-CoV-2 virus and the incidence of COVID-19, however, it clearly isn’t business as usual. Host Damien Martin kicks off a multi-episode look at the tax season with BKD’s Jesse Palmer and Gene Morgenthaler to get their insights on approaching challenges and tax planning opportunities. Here’s what’s covered: “Just trying to keep on top of everything” [01:36] ...
Managing Risk Amid a Pandemic #095
April 10, 2020 17:03 - 34 minutes - 48.5 MBOrganizations large and small continue to confront challenges related to the systematic disruption caused by the SARS-CoV-2 virus and the incidence of COVID-19 (COVID-19). Guest Kim Hirsch of Fusion Risk Management joins host Damien Martin to explain how risk management and business continuity strategies can help organizations and their leaders respond to a pandemic and create a plan to return to “normal” when the pandemic subsides. Here’s what’s covered: Who is Kim Hirsch? @ 01:36 The wa...
Tax Considerations of COVID-19 Relief #094
April 04, 2020 00:08 - 1 hour - 84.3 MBTax headlines are swirling after several tax-related developments passed in Washington in response to the SARS-CoV-2 virus and the incidence of COVID-19 (COVID-19). These significant changes have created questions for taxpayers and CPAs alike. Tune in as host Damien Martin cuts through the static of the tax deadline postponement with frequent guest Ed Karl and tackles common listener questions with returning guests Julia Dengel and Yelena Bosovik. Learn more about our guests and get additi...
SBA Loans After the CARES Act #093
April 01, 2020 22:18 - 1 hour - 83.3 MBThe U.S. Small Business Administration (SBA) has worked to provide Economic Injury Disaster Loan assistance to eligible organizations to help ease the effects of the SARS-CoV-2 virus and the incidence of COVID-19 (COVID-19) on small businesses, nonprofits and other entities. These organizations are experiencing unexpected decreases in cash flow due to the “shelter-in-place” orders enacted by many municipalities. The Coronavirus Aid, Relief, and Economic Security Act (CARES Act) and SBA inten...
Payroll-Related Relief #092
March 30, 2020 22:32 - 33 minutes - 47.2 MBDue to the SARS-CoV-2 virus (COVID-19), Washington recently enacted legislation providing various relief measures. In episode two of our COVID-19 Response Series, guest Ryan Peterson and host Damien Martin discuss the payroll-related provisions provided under this new relief. We’ll cover items of common confusion, identify areas needing additional guidance and explain what these newly enacted provisions may mean for you and your business. We’ll also hear from Yelena Bosovik and Julia Dengel ...
Responding to the Unexpected #091
March 27, 2020 18:30 - 42 minutes - 58.8 MBThe novel coronavirus disease 2019 (COVID-19) and the response to this pandemic have created an unprecedented, fast-moving and challenging environment. Join guest Chris Schumann and host Damien Martin for the first episode of a three-part series focused on helping you respond responsibly to COVID-19. We’ll share practical advice and key action steps businesses and their owners can take to confront the unexpected business challenges of the current situation. Here’s what’s covered: This situa...
Make WFH Less Taxing #090
March 17, 2020 21:32 - 58 minutes - 80.5 MBIn these uncertain times related to the coronavirus 2019 (COVID-19) pandemic, tax professionals and businesses alike face a multitude of challenges. Among them is conquering the learning curve of working remotely, as many tax and business professionals will be working from home (WFH) in the weeks ahead. Host Damien Martin called up frequent guest Tony Nitti to discuss what he’s learned from 15 years of WFH, tips for being effective and advice for everyone including those who are starting out...
SALTY CPAR #089
March 05, 2020 10:00 - 26 minutes - 37.6 MBWe’ve been working with the centralized partnership audit regime (CPAR) for more than a year, but key challenges remain regarding the application of federal rules at the state level. In this episode, you’ll find out why it matters and how the American Institute of CPAs (AICPA) and other organizations are advocating for taxpayers and tax practitioners. AICPA Senior Manager Eileen Sherr sits down with host Damien Martin to discuss the Multistate Tax Commission’s (MTC) Model Uniform Statute and...
Talking With Tax Notes Talk #088
February 21, 2020 05:00 - 36 minutes - 50.3 MBHave you ever wondered what would happen if you put the hosts of two tax podcasts together in a studio to talk tax? We thought so! “Simply Tax” host Damien Martin sits down with “Tax Notes Talk” host David D. Stewart to discuss his career reporting on international tax, where things stand with the Organisation for Economic Co-operation and Development’s (OECD) base erosion and profit shifting (BEPS) project and the experience of hosting a podcast about taxes. Here’s what’s covered: How Davi...
3 Things To Consider - Be A Great Board Member #087
February 05, 2020 11:00 - 30 minutes - 42.2 MBCan you describe the characteristics of a great board member or the critical role boards play in the success of all types and sizes of organizations? Find out from guest Dan Prater, as he joins host Damien Martin to discuss the qualities and activities of a strong board and share best practices for any board member. Take a look at what’s covered: Why are boards important? @01:59 Roles and purposes of board members @03:00 Considerations for new board members @04:15 Identifying a strong...
3 Things To Consider - Tackle the New Lease Standard #086
February 03, 2020 10:00 - 27 minutes - 37.8 MBMuch like the changes under the Tax Cuts and Jobs Act, the new lease standard is complex and likely will require significant hours to implement correctly. Join guests Chris Telli and Jessica Richter as they help educate host Damien Martin on the change and discuss what measures organizations should take to comply with the new standard. Here’s what’s covered: Governmental Accounting Standards Board (GASB) Statement No. 87, Leases, and Financial Accounting Standards Board (FASB) Accounting St...
3 Things To Consider - Manage Cybersecurity #085
January 30, 2020 16:18 - 31 minutes - 44.7 MBCybersecurity has become an important part of everyday life. Join guest Rex Johnson and host Damien Martin to learn more about the risks and consequences of a cyberattack and the actions you can take to help protect your business. Here’s what’s covered: What’s cybersecurity? [02:25] Risks and rewards of ease of access to data [05:33] How the headlines are changing mindsets in management [10:07] Where do you start [12:42] Why you need an incident response plan [15:02] Things to foc...
The Latest Tax Developments #084
January 16, 2020 15:01 - 1 hour - 132 MBHeadlines are swirling after several tax-related developments in Washington at the end of 2019. Join guests Ed Karl, vice president of taxation at the American Institute of CPAs (AICPA), Dan Smith, Lynn Mayabb and host Damien Martin, as they discuss the tax-related provisions of the Further Consolidated Appropriations Act, 2020 (Act), share what these modifications could mean for individuals and businesses and provide an inside look at what Ed and the AICPA are focusing on in the year ahead....
Top 10 Tax Cases of 2019 #083
December 30, 2019 17:10 - 2 hours - 187 MB2019 was yet another busy year in the tax world! Tony Nitti returns to the podcast to share key takeaways from his top tax cases of the year with host Damien Martin, along with advice for reading and staying current with tax case law. Here’s what’s covered in our final episode of 2019: Background, tips and tricks on studying tax case law: Why read tax cases? @01:56 Tony’s tips for reading tax case law @04:12 How to fit reading tax cases into the busy day-to-day @09:14 How Tony picke...
[Rebroadcast] 'Twas the Night Before TCJA
December 22, 2019 10:00 - 13 minutes - 19.7 MBPrevious guests of the “Simply Tax” podcast gather around the fire as host Damien Martin tells a classic story of the enactment and first year of the Tax Cuts and Jobs Act (TCJA). Listen to hear the story and guests of the following previous episodes: Episode 49: Tax Planning Questions for Businesses Episode 47: Tax Planning for High-Net-Worth Families After the TCJA Episode 46: Do You Have 199A Confusionosis? Episode 44: The R&D Tax Credit Episode 42: Cutting Through the Tax ...
[Rebroadcast] 'Twas the Night Before TJCA
December 22, 2019 10:00 - 13 minutes - 19.7 MBPrevious guests of the “Simply Tax” podcast gather around the fire as host Damien Martin tells a classic story of the enactment and first year of the Tax Cuts and Jobs Act (TCJA). Listen to hear the story and guests of the following previous episodes: Episode 49: Tax Planning Questions for Businesses Episode 47: Tax Planning for High-Net-Worth Families After the TCJA Episode 46: Do You Have 199A Confusionosis? Episode 44: The R&D Tax Credit Episode 42: Cutting Through the Tax ...
Cryptocurrency Update #082
December 19, 2019 10:30 - 1 hour - 97.8 MBOn October 9, 2019, the IRS released the first guidance in five years for taxpayers who engage in transactions involving virtual currency. Cut through the static of this rapidly changing area with guests Nik Fahrer, Sean Stein Smith and Tyrone Ross and host Damien Martin as they share observations from the recent guidance and provide insights on working with and investing in cryptocurrency. Here’s a look at what’s inside our latest episode: Tax update with Nik Fahrer Impressions and takea...
Tax Planning for Individuals #081
December 05, 2019 10:00 - 41 minutes - 58.7 MBHow did tax reform change year-end planning for individuals? Returning guests Holly Pantzer and Susan Jones join host Damien Martin for a closer look at key considerations for individuals following the recent tax law changes as they share their firsthand experiences from recent year-end planning discussions. Here’s a look at what’s inside our latest episode: Why year-end tax planning is important and best practices for planning meetings @ 2:45 Biggest challenges in implementing the tax re...
The Modern Seller #080
November 21, 2019 10:30 - 40 minutes - 56.1 MBThe modern business world is often described as crazy busy with constant change and shifting priorities. Learn how to cut through the static of this tumultuous new normal as guest Amy Franko returns to the podcast. She and host Damien Martin explore the skills necessary to help you better execute on the tactical aspects of selling in this modern environment. Here’s what’s covered: Who is Amy Franko, and how did she become an educator on sales and leadership @ 1:59 How to spot an entrepren...
2019 Year-End Tax Advisor #079
November 08, 2019 15:01 - 1 hour - 105 MBTax planning is complex and particularly challenging this year after yet another busy year in the tax world. Julia Dengel joins Damien Martin to co-host a mashup of interviews on key topics to help you navigate year-end tax planning. Here’s what’s covered: Behind the scenes of the Year-End Tax Advisor @01:59 Private Foundations: Beware the Hidden Issues with Stephanie Bostick @05:49 Opportunity Zones with Derek Smith @18:28 Year-End Planning for Businesses: Accounting Methods with D...
Managing the Accounting Method Madness #078
October 25, 2019 09:00 - 43 minutes - 59.8 MBAccounting methods are a complex and intimidating corner of the tax world. Guests Brittany Cummings and Travis Butler join host Damien Martin to cut through the static of recent accounting method developments and break down what you need to know as we head into year-end planning. Listen for answers to these questions: What’s an accounting method? @00:28 What’s in the recently released final and proposed bonus depreciation guidance? @04:06 Can taxpayers take bonus depreciation on qualifi...
Living the CPA Life #077
October 10, 2019 10:51 - 1 hour - 98.9 MBGuest Tim Jipping—host of the “Journey View” podcast—joins “Simply Tax” host Damien Martin on an exploration of their careers in the CPA profession. The two share their personal experiences from working in the CPA profession and discuss the profound effect the AICPA Leadership Academy has had on both their careers and personal lives. TIME STAMPS Who is Tim Jipping? [02:45] The experience of starting a podcast [07:34] Creating and being creative [09:18] Simply creativity and innovati...
How to be a Tax Geek #076
September 26, 2019 10:30 - 47 minutes - 44.3 MBTax manager recently topped the list of jobs with the best career opportunities in the U.S. in a recent Glassdoor survey. Host Damien Martin sits down with guest Chris Hesse—current chair of the AICPA Tax Executive Committee—to cover Chris’ advice for a successful and happy career in tax, insights on the important role the committee plays in advocating for taxpayers and tax practitioners, key takeaways from tax reform and more. TIME STAMPS Who is Chris Hesse and why is he involved with ...
Blocking & Tackling Blockchain & Cryptocurrency #075
September 12, 2019 16:41 - 52 minutes - 74.1 MBA lot has been said and written about blockchain and cryptocurrency, but what do you really need to know—and why does it matter? Guests Nik Fahrer, Caleb Shough and Katie Harrison join host Damien Martin for a discussion on the tax, financial reporting and regulatory aspects of this evolving area. HERE'S WHAT'S COVERED: Background on Bitcoin @03:12 Goal of cryptocurrency’s creators @04:12 What is cryptocurrency? @05:41 Evolution of cryptocurrency since its inception @09:14 Tax tre...
Tax Reform Insights for Financial Institutions #074
August 29, 2019 13:38 - 31 minutes - 45.1 MBGuest Gary Genenbacher joins host Damien Martin to reflect on the first tax filing season for financial institutions under the Tax Cuts and Jobs Act (TCJA). Here’s what’s covered: Gary’s perspective on applying the provisions of the TCJA [04:10] Key TCJA changes for financial institutions [06:09] How financial institutions have reacted to the TCJA changes [10:21] The most surprising TCJA provisions [11:16] Areas we need guidance [14:08] Being off-balance on purpose [16:47] Plann...
Tax Reform Insights for Construction & Real Estate #073
August 26, 2019 18:55 - 30 minutes - 43.8 MBCut through the static of the Tax Cuts and Jobs Act (TCJA) with a discussion on what we learned from applying the provisions of the TCJA during the first tax filing season for construction and real estate. Guest Jason Grosh joins host Damien Martin to reflect on key takeaways and look to what’s ahead. Here’s what’s covered: Key TCJA changes for contractors [01:17] Are contractors actually making accounting method changes after the TCJA? [05:48] Challenges with the lack of guidance [10:3...
State and Local Tax insights on the TCJA #072
August 22, 2019 16:28 - 40 minutes - 56.6 MBCut through the static of applying the provisions of the Tax Cuts and Jobs Act (TCJA) at the state and local tax (SALT) level as guest Jim Pierzchalski joins host Damien Martin to reflect on key takeaways and look to what’s ahead. Here’s what’s covered: How the TCJA’s changes are affecting the SALT landscape @1:42 A framework for approaching the challenges of applying the TCJA changes at the SALT level @6:00 Applying Global Intangible Low-Taxed Income (GILTI) at the SALT level @7:43 A...
Insights on the International Provisions of the TCJA #071
August 19, 2019 16:54 - 38 minutes - 54.1 MBCut through the static of the international provisions of the Tax Cuts and Jobs Act (TCJA) with a discussion on what we learned during the first tax filing season, including Global Intangible Low-Taxed Income (GILTI) and more. Guest Chris Clifton joins host Damien Martin to reflect on key takeaways and look to what’s ahead. Here’s what’s covered: The added complexity of the TCJA [01:25] The most surprising things about applying the international provisions [06:27] Section 956 [07:03] ...
Tax Reform Insights for Tax Exempt Organizations #070
August 15, 2019 13:40 - 35 minutes - 50.7 MBCut through the static of the Tax Cuts and Jobs Act (TCJA) with a discussion on what we learned from applying the provisions of the TCJA during the first tax filing season for tax-exempt organizations. Guests Lauren Denton and Mike Engle join host Damien Martin to reflect on key takeaways and look to what’s ahead. Here’s what’s covered: The most surprising aspects of tax reform for tax-exempt organizations @1:37 Challenges with the new qualified transportation fringe benefit provision @3:...
Tax Reform Insights for Manufacturers & Distributors #069
August 12, 2019 16:00 - 32 minutes - 46.2 MBCut through the static of the Tax Cuts and Jobs Act (TCJA) with a discussion on what we learned from applying the provisions of the TCJA during the first tax filing season for manufacturers and distributors (M&D). Guests Chris Doolittle and Stephanie Carper join host Damien Martin to reflect on key takeaways and look to what’s ahead. Here’s what’s covered: The most challenging aspects of tax reform for M&D @1:56 The provisions that had the biggest effect on M&D @4:03 Discussing the tax ...
Taxes & Your Economy for Manufacturers #068
August 01, 2019 11:19 - 28 minutes - 39.3 MBWas tax reform good for manufacturers and manufacturing? Find out as guest Chris Netram of the National Association of Manufacturers (NAM) joins host Damien Martin to break it down and provide his insights on this key sector of the economy. TIME STAMPS OF WHAT’S COVERED Who is Chris Netram and what is the NAM @1:22 Why manufacturing is a key sector of the economy @2:47 How manufacturers have responded to tax reform @4:47 Tax-related factors contributing to growth in the economy @7:3...
An Insider's View: The IRS & Public Accounting with David Kirk #067
July 18, 2019 10:42 - 54 minutes - 75.1 MBGuest David Kirk joins host Damien Martin to share his experience working at the Office of the Chief Counsel of the IRS. Listen to find out what it’s like to be the principal author on a significant guidance project, observations on the first tax season under the Tax Cuts and Jobs Act (TCJA) and advice for a successful career in tax. TIME STAMPS OF WHAT’S COVERED How Dave Kirk came to work for the IRS [01:47] What it’s like to work at Chief Counsel [04:50] Dave’s experience working on...
What's New in Tax Legislation #066
July 04, 2019 10:17 - 32 minutes - 46.6 MBTake 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 ...
What's a Family Office? #065
June 20, 2019 09:30 - 51 minutes - 72.5 MBA family office can help build and preserve a family’s legacy. Guest Jack Thurman joins Damien Martin to explain how, while also breaking down the ways a family office can benefit a family. TIME STAMPS OF WHAT’S COVERED How Jack defines a family office [01:54] Benefits of a family office [06:01] Is a family office is a good fit for you? [07:38] Common roles a family office can play [12:07] What to look for in a family office advisor [15:16] Evaluating the cost [22:03] Common i...
Inside Lender Management #064
June 06, 2019 16:49 - 25 minutes - 35.6 MBMany have been buzzing about Lender Management, LLC v. Commissioner (T.C. Memo 2017-246) since it was decided in December 2017, only days before the enactment of the Tax Cuts and Jobs Act (TCJA), which we’ve talked so much about. Guest John Hackney—one of three attorneys representing Lender Management, LLC in the case before the United States Tax Court—joins host Damien Martin for an insightful discussion on key aspects of the case and possible planning strategies now that we’re about 18 mon...
Where Should You Work? #063
May 24, 2019 02:32 - 36 minutes - 50.6 MBDeciding between working in tax in public accounting versus private industry can be challenging! Guest Amie Kuntz joins host Damien Martin on the podcast to help cut through the static of this often-difficult decision, offer perspectives on finding your why and share ways to better serve your top clients and customers. Here’s a look at what’s inside this episode: Amie’s path [3:02] Finding the intersection of your strengths and passions [4:20] Navigating the public accounting vs. indu...
Loving What You Do #062
May 09, 2019 14:48 - 45 minutes - 63.2 MBCPA-turned-corporate-comedian and host of the “Green Apple Podcast” John Garrett joins host Damien Martin to explore the importance of bringing your outside-of-work passions and interests to work. Tune in to hear how you can use your passions to be more memorable, build genuine relationships and even create stronger client relationships. Here’s a look at what’s inside our latest episode: About John Garrett [01:49] 92 percent of professionals have this outside of work [03:28] Why John ...
The State of the Profession with Eric Hansen #061
April 25, 2019 19:29 - 36 minutes - 50.4 MBWill robots replace accountants? Listen and learn the changes in store for the accounting profession as host Damien Martin sits down with guest Eric Hansen—chair of the AICPA Board of Directors and chief operating officer at BKD—to discuss the profession, leadership and integrating life inside and outside the office. TIME STAMPS OF WHAT’S COVERED Giving Back to the Profession & Growing in Leadership [ 02:31 ] How Eric came to give back to the profession and serve as chair of the AICPA B...
Tax Return Positions #060
April 04, 2019 15:07 - 20 minutes - 28.3 MBApplying tax law to real life situations can seem gray at times in spite of the black and white words on the law’s pages. In a mock interview, Guest Ed Karl—vice president of taxation at the American Institute of CPAs (AICPA)—breaks down the AICPA’s Statements on Standards for Tax Services (SSTS) and shares key insights on taking tax return positions on gray areas of the tax law after tax reform. TIME STAMPS OF WHAT’S COVERED What are the SSTSs and who do they apply to? @0:25 The value ...
Let's Get Digital #059
March 21, 2019 13:40 - 52 minutes - 72.8 MBGuest Jonathan Horn returns to “Simply Tax” to discuss the recent Association of International Certified Professional Accountants (AICPA) policy paper on the taxation of the digitalized economy, explain why current international concepts don’t fit well with digital transactions and break down the unique challenges countries face with the taxation of digital transactions in a cross-border context. TIME STAMPS OF WHAT’S COVERED Challenges with the taxation of the digitalized economy @2:04 ...
All the Wayfair - Part 2 #058
March 11, 2019 20:42 - 30 minutes - 42.4 MBPick up where guests Mary Reiser and Ken Taylor left off in All the Wayfair - Part 1 as they join host Damien Martin to address common questions on how the U.S. Supreme Court ruling on South Dakota v. Wayfair, Inc. (Wayfair) is changing the sales and income tax landscape for businesses and their owners. Here’s what they cover: How should I approach uncertainty after Wayfair? @1:10 Can I contractually pass a sales and use tax obligation on to someone else? @ 6:08 How is deciding to coll...