In this episode, we discuss the latest tax research presented the 28th annual UNC Tax Symposium. 

In this In this episode, we discuss the budget blueprint passed by House Republicans to extend the temporary provisions of the Tax Cuts and Jobs Act of 2017, which are set to expire at the end of 2025 without legislative action.

In this episode, we discuss state tax subsidies to businesses. 

In this episode, we discuss the tax consequences of legalizing marijuana. 

In this episode, we discuss the current state of federal tax incentives for EV purchases and how Trump could modify them during his term.

In this episode, we welcome tax historian Joe Thorndike to explain how tariffs work and what the consequences of new tariffs could be for U.S. individual and businesses. 

In this episode, we discuss some of the latest tax research presented at the Hawaii Accounting Research Conference in January 2025. 

In this episode, we discuss the role of sin taxes in discouraging legal but potentially harmful behavior and in raising tax revenue. 

In this episode, we discuss the potential tax benefits settlements and judgments from lawsuits can generate for the companies that pay them.   

In this episode, we discuss how settlements and judgments are taxed by recipients, as well as arguments for changes to the current law. 

In this episode, we invite University of Texas at Austin doctoral candidate Kaitlyn Kroeger to discuss her research on the effects of public accounting firms offshoring their services. 

In this episode, we discuss the rules around charitable and political donations, as well as how donor advised funds can facilitate anonymous giving to politically engaged charities.

In this episode, we invite Andrew Sutherland, Associate Professor of Accounting at MIT, to revisit explanations behind declining accounting professionals and to discus his research on the topic. 

In this episode, we discuss the potential consequences of both presidential candidates' proposals to exempt tips from taxes. 

In this episode, we discuss two of the papers presented recently at the 6th Biennial Taxation Research Symposium hosted at the University of Texas in conjunction with the University of Waterloo.   

In this episode, we discuss former President Trump's tax proposals as a 2024 presidential candidate. 

In this episode, we discuss Vice President Harris' tax proposals as a 2024 presidential candidate.

In this episode, we welcome tax expert Scott Hodge to discuss his new book, Taxocracy: What You Don’t Know About Taxes and How They Rule Your Daily Life.    

In this episode, we discuss the Qualified Business Income deduction in light of a February 2024 report by the Congressional Research Service that examined the provision’s effect on investment and employment, equity, and taxpayer compliance.   

In this episode, we unpack the effects of 2017's Tax Cuts and Jobs Act. 

In this episode, we discuss the causes and consequences of reduced interest in the accounting profession. 

In this episode, we discuss the tax motivations behind Shohei Ohtani's record-breaking and tax-savvy contract with the LA Dodgers (and Lisa honors legendary Dodgers announcer Vin Scully). 

In this episode, we discuss the tax motivations for the rising trend in music catalog sales (and B sings a little Tay Tay). 

In this episode, we discuss the latest tax research presented at the 2024 Conference of the Journal of the American Taxation Association. 

In this episode, we discuss the sources of the tax gap in the U.S., what it means for government operations, and how we can best close it. 

In this episode, we discuss the potential tax motivations and implications of Bezos’ big move to Florida.

In this episode, we discuss the issue behind the largest single IRS assessment in history, what Microsoft disclosed about the issue, and what might happen next.

In this episode, we unpack the tax consequences of this policy to student athletes and discuss how athletic supporters have also tried to obtain favorable tax outcomes from NIL activities.

In this episode, we discuss two year-end tax bills that many hoped Congress would pass in 2023 but that they very likely will not.

In this episode, we discuss a 2014 Irish tax law change and how it impacted large U.S. multinational companies. We are joined by Brian Grant, graduating PhD student at Indiana University's Kelley School of Business. 

In this episode, we’re delighted to welcome Robert Stack, Managing Director at public accounting firm Deloitte, to provide an update on the global efforts to impose this tax.

In this episode, we explain the tax issues at the heart of the Moore v. United States case brought in front of the Supreme Court and what the Court’s decision could mean for current and future tax laws. 

In this episode, we discuss the unexpected and potentially unjustified magnitude of the Employee Retenction Tax Credit payments. 

In this episode, we discuss the latest tax research presented in Chicago at the biannual Tax Symposium hosted by the University of Illinois at Urbana Champagne. 

In this episode, we discuss the pros and cons of taxing carried interest as capital gains, as well as the current state of political discourse on the topic.

In this episode, we welcome Patrick Badolato, an Associate Professor of Instruction from the University of Texas at Austin, to discuss what investors and other interested parties can learn about taxes by examining a company’s income tax footnote. 

In this episode, we talk about how the University endowment tax works and why it was implemented, how some people want to change it, and generally discuss whether we think it’s a good idea. 

In this episode, we discuss the mechanics of the IRA's Stock Buyback Tax, whether it is achieving its intended goal of curbing buybacks and how some lawmakers in the U.S. hope to expand its scope.

In this episode, we welcome Evelyn Smith, researcher at the University of Michigan, to discuss her research on racial bias in the IRS’ audit selection models. 

In this episode, we discuss the general fines and penalties individuals can face related to their taxes and discuss the details of Hunter Biden’s case in light of those rules. 

In this episode, we discuss some ways artificial intelligence like ChatGPT could improve and worsen the US taxpayer experience.

In this episode, we discuss different approaches to taxing pollution like carbon emissions, as well as recent research examining the impact of these policies.

In this episode, we provide background on the impetus for a potential IRS-run direct e-file tax return system and hear from Ayushi Roy, Deputy Director at New America, on the independent third-party review of the IRS' feasibility report.

In this episode, we mostly goof off and talk about our experiences making 50 episodes of Taxes for the Masses.

In this episode, we break down the audit process in the U.S. and offer some perspective on which taxpayers are most likely to be audited and why.

In this episode, we outline the history of the IRS’ tax-exempt approval process and recent calls for more scrutiny over organizations applying for tax-exempt status. 

In this episode, we compare and contrast programs in the U.S. intended to make filing taxes cheaper and easier to those in other developed countries.

In this episode, we do a deeper dive into what these consumption taxes are, how they can be administered, and who pays them.

In this episode, we discuss how a national sales tax would work and the distributional effects the Fair Tax Act would have on American households.

In this episode, we discuss some of the latest tax research from the 2023 mid-year meeting of the American Taxation Association. 

In this episode, we outline the tax treatment of gambling income and losses in the U.S. as well as the taxation of online sportsbooks. 

In this episode, we explain the mechanics and the history of the so-called “jock tax”. 

In this episode, we discuss the conviction of the Trump Organization on 17 counts of tax fraud and other crimes in the New York Supreme Court. 

In this episode, we discuss how former President Trump's tax returns were made public, what they reveal, and what could come next.

In this episode, we explain the history use of 501(c)(4) organizations, how they can support a vast array of objectives, and the tax benefits they offer to those who contribute money to them.

In this episode, we discuss the estate and gift tax consequences of the Chouinard family decision regarding their Patagonia fortune as well as alternative structures they could have considered.

In this episode, we discuss the practice of individuals – often lawyers — shuffling from roles with the US Treasury and the IRS into jobs for high-powered accounting firms and businesses.

This episode is on the employee retention tax credit with special guest Stefan Richter to discuss his research on the topic. 

This episode is on how states tax corporations and how that affects their business decisions, with special guest Anthony Welsch to discuss his research on the topic. 

In this very special episode, recorded LIVE at the University of Iowa's Tippie College of Business, we discuss tax policies and societal inequities.  

In today’s episode, we outline the history of the WOTC, discus the limited evidence on its effectiveness, and highlight potential room for improvement in the policy. 

In today’s episode, we welcome Jane Bowman, a Minnesota Tax Court Judge, to discuss property taxes.  

In this episode, we explain how taxes may have influenced the rising rent trend over the past decade, along with other factors at play.

In this episode, we break down the tax policy changes embedded in the Inflation Reduction Act.

In this episode, we explain inflation at a high level and examine its relation to taxes.

In this episode, we discuss the history of deductibility of executive compensation and highlight academic evidence on the ability of tax policy to influence executive compensation.

In this episode, we discuss the laws requiring U.S. taxpayers to report foreign account information and research into the efficacy of those laws.

In this episode, we discuss the provisions of the Securing a Strong Retirement Act, also dubbed SECURE 2.0, and how it could influence inequality in America.

In this episode, we discuss papers presented at the Third Norwegian Tax Accounting Symposium held in Bergen, Norway in May 2022.

This episode breaks down the feud between Florida Governor Ron DeSantis and Disney, then discusses the implications of using tax law to punish corporations for expressing political views. 

In this episode, we outline the history of the EITC, recent proposals to modify and expand the credit, and evidence on its effectiveness.  

In this episode, we discuss how firms that report profit to their shareholders under U.S. GAAP can pay little or no federal income tax. 

In this episode, we discuss the tax implications of the gig economy for workers, companies and the government.

In this episode, we discuss the tax implications of cryptocurrency. We're joined by special guest Dan Hannum, COO of ZenLedger, a cryptocurrency tax software.

In this episode, we discuss the tax ramifications to employees of working from home with an emphasis on what types of compensation are taxable and what types of expenses are deductible. 

In this episode, we discuss the tax ramifications to employees and potentially to their employers of working from home when the employee resides or works from a location that is outside of their employer’s state of operations. 

In this episode, we discuss some of the latest research presented at the American Taxation Association's annual meeting and journal conference.

In this episode, we discuss the history of the IRS' free filing program and the recent controversy surrounding it.

In this episode, we discuss the tax consequences to the employee and the employer of stock-based compensation with a focus on executive stock options.

In this episode, we discuss the federal marriage tax penalty and how it is one source of inequality in the United States.

In this episode, we discuss the federal deduction for state and local taxes: why it exists, why it was capped, and why current proposals aim to increase the cap.

In this episode, we discuss tax loss harvesting, a tax planning tool to reduce taxes on capital gains and boost investment returns, so long as one minds the wash sale rules.

In this episode, we discuss a recent proposal for an income tax on the unrealized gains of billionaires: why some people think it's needed, how it would work, how it might fail, and what it's future holds.

In this episode, we discuss global efforts to increase public disclosures about corporate tax avoidance in an effort to shame corporations into paying their "fair share."

In this episode, we discuss the International Consortium of Investigative Journalists' latest leak, and how the United States -- and South Dakota -- have become one of the world's biggest tax havens.

In this episode, we discuss Congress' recent expansion and acceleration of the Child Tax Credit, and why these changes have caused so much widespread confusion.

In this episode, we provide an update on the proposed global minimum tax and what it means for multinational corporations, as well as global tax policy.

In this episode, we discuss the good, bad and ugly aspects of Biden's proposed minimum tax on book income.

Ever wondered what the difference between a traditional and Roth IRA is?  Or what an IRA is?  Or how Peter Thiel used his Roth to make $5B of taxable capital gains disappear?  Tune in to this episode, where we'll cover all this and more!

In this episode, we unpack some of the more complicated international provisions of President Biden's Made in America Tax Plan impacting multinational corporations.

In this episode, we discuss the recent history of IRS funding and how President Biden plans to arm the IRS with the resources it needs to take on aggressive corporate tax avoidance.

In this episode, we discuss the recent IRS data leak, how the wealthy avoid taxes, and the merits and drawbacks of a proposed wealth tax.