Talking Tax

The Tax Cuts and Jobs Act (H.R. 1) is here, and with it come several considerations for practitioners if the GOP tax reform effort is successful. Bloomberg Tax's Matthew Beddingfield hosts this week's Talking Tax alongside EY's U.S. Tax Reform Leader Justin Shafer, to discuss what practitioners should look out for in the new bill, including revenue considerations, international impact, and what's to come in the legislative process. EY tax policy experts Michael Mundaca, Jose Murillo, and Cathy Koch offer their take on what's to come.

Congressional Republicans expect to release a tax bill Nov. 1, and House leaders say they want to hold a vote by Thanksgiving. Reporters Colleen Murphy, Kaustuv Basu, and Laura Davison spoke with Talking Tax host Matthew Beddingfield on Oct. 27 about the process once the GOP bill is released, and what the proposed legislation might include.

The Senate has passed a budget that opens the door for Republicans to move forward with their tax plan, possibly in the coming week. Reporters Colleen Murphy, Kaustuv Basu, and Laura Davison spoke with Talking Tax host Matthew Beddingfield on Oct. 20 about GOP tax reform efforts, including what aspects of a tax bill have yet to be agreed on.

The Senate still needs to pass a budget that includes reconciliation instructions before Republicans can move forward with their tax plan in the next few weeks. Reporters Colleen Murphy and Laura Davison spoke with Talking Tax host Matthew Beddingfield about GOP tax reform efforts, including how to raise revenue and finalize policy details that include state and local deductions.

The GOP tax reform framework was released Sept. 27, but questions remain about how the plan will be paid for. Reporters Colleen Murphy and Laura Davison spoke with Talking Tax host Matthew Beddingfield about the plan, and the time crunch the party faces to pass a federal budget and tax bill.

House Ways and Means Committee Chairman Kevin Brady (R-Texas) said details of the GOP's new tax reform plan will be revealed the week of Sept. 25. Reporters Colleen Murphy and Laura Davison spoke with Talking Tax host Matthew Beddingfield about the Republicans' efforts to come together on a unified tax plan while also working to pass a federal budget.

House Ways and Means Committee Chairman Kevin Brady (R-Texas) and House Speaker Paul D. Ryan (R-Wis.)are confident that tax reform will be passed this year. Reporters Colleen Murphy and Laura Davison spoke with Talking Tax host Matthew Beddingfield about the GOP's time crunch for implementing its new tax plan and what needs to be accomplished before midterm elections.

House Speaker Paul D. Ryan (R-Wis.) and House Ways and Means Committee Chairman Kevin Brady (R-Texas) are taking their pitch for tax reform across the country. Reporter Kaustuv Basu spoke with Talking Tax host Matthew Beddingfield about the GOP campaign to promote the lawmakers' tax ideas, and what President Donald Trump will be doing to lend a hand.

Navigating the complexities of estate planning with carried interest can quickly become a daunting task. N. Todd Angkatavanich, David A. Stein, and Andrew Haave of Withers Bergman LLP authored a Bloomberg BNA portfolio on the topic that walks readers through this complex area of wealth planning. Reporter Allyson Versprille spoke with Angkatavanich and Stein about what practitioners need to know when it comes to navigating carried interest planning under tax code Section 2701, avoiding pitfalls, and understanding the impact of potential tax reform changes.

Senate Finance Committee Chairman Orrin G. Hatch (R-Utah) says Republicans will "hit the rich" in tax reform. Reporters Kaustuv Basu and Colleen Murphy spoke with Talking Tax host Matthew Beddingfield about the GOP's tax reform efforts as Congress is out for summer recess.

Senate Republicans failed to repeal the Affordable Care Act last week, but efforts to pass health care legislation may not be over yet. Reporters Laura Davison, Kaustuv Basu, and Colleen Murphy spoke with Talking Tax host Matthew Beddingfield about the recent health care vote and what the GOP is doing to move forward on both health care and tax reform.

The House fiscal year 2018 budget resolution, which is the key to the GOP's full tax reform package, is facing difficulties as moderate and conservative Republicans have already attacked the measure. Reporters Laura Davison and Colleen Murphy spoke with Talking Tax host Matthew Beddingfield about the challenges Republicans face in passing the budget as they prepare for August.

The Senate is likely to vote the week of June 26 on a draft health care bill that would repeal the Affordable Care Act's taxes. Senate Republicans are working to compromise on various aspects of the legislation. Reporters Laura Davison and Colleen Murphy, along with reporting intern Jason Mast, sit down with Talking Tax host Matthew Beddingfield to discuss the GOP's ongoing health care efforts, as well as a mobile workforce bill (H.R. 1393) that would restrict states’ ability to tax nonresidents.