Shows
Taxes for the MassesOn Taxing CannabisIn this episode, we discuss the what, why and how of taxing cannabis.2025-03-0223 minTaxes for the MassesOn EV CreditsIn this episode, we discuss the current state of federal tax incentives for EV purchases and how Trump could modify them during his term.2025-02-1623 minTaxes for the MassesOn TariffsIn today’s episode, we welcome Joe Thorndike to explain how tariffs work and what the consequences of new tariffs could be for U.S. individual and businesses.2025-02-0235 minTaxes for the MassesOn the Latest Tax Research: HARC EditionIn this episode, we discuss some of the latest tax research presented at the Hawaii Accounting Research Conference in January 2025.2025-01-1928 minTaxes for the MassesRERUN: Ep 81 On Declining Accounting Enrollments, RevisitedWe are taking a very short winter break, but we have something special for your listening enjoyment! We're revisiting this episode, which in turn revisits the potential reasons behind declining accounting enrollments, helped by special guest and MIT Professor Andrew Sutherland. We'll return soon with new episodes for 2025!Check out the latest news on the podcast here: https://linktr.ee/taxesforthemasses
2025-01-0530 minTaxes for the MassesOn Sin TaxesIn this episode, we discuss the role of sin taxes in discouraging legal but potentially harmful behavior and in raising tax revenue.2024-12-2223 minTaxes for the MassesOn Settlements and Judgments Part 2In this episode, we discuss the potential tax benefits settlements and judgments from lawsuits can generate for the companies that pay them.2024-12-0825 minTaxes for the MassesOn Settlements and Judgments Part 1In this episode, we discuss how settlements and judgments are taxed by recipients, as well as arguments for changes to the current law.2024-11-2424 minTaxes for the MassesOn Public Accounting OffshoringIn 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.2024-11-1028 minTaxes for the MassesOn Donor Advised FundsIn 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.2024-10-2724 minTaxes for the MassesOn Declining Accounting Professionals, RevisitedIn 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.2024-10-1330 minTaxes for the MassesOn Taxing TipsIn this episode, we discuss the potential consequences of both presidential candidates' proposals to exempt tips from taxes.2024-09-2925 minTaxes for the MassesOn the the Latest Tax Research - Texas Waterloo EditionIn 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.2024-09-1523 minTaxes for the MassesOn Trump's Tax ProposalsIn this episode, we discuss former President Trump's tax proposals as a 2024 presidential candidate.2024-09-0125 minTaxes for the MassesOn Harris' Tax ProposalsIn this episode, we discuss Vice President Harris' tax proposals as a 2024 presidential candidate.2024-08-1824 minTaxes for the MassesRERUN: Ep 72 On Shohei Ohtani’s ContractAs we are on a short summer break, we have something special planned for your listening enjoyment! Get ready to revisit some of your favorite tax topics with our timeless reruns. 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).Check out the latest news on the podcast here: https://linktr.ee/taxesforthemasses
2024-08-0424 minTaxes for the MassesRERUN: Ep 71 On the Taxation of Music Catalog SalesAs we are on a short summer break, we have something special planned for your listening enjoyment! Get ready to revisit some of your favorite tax topics with our timeless reruns. In this episode, we discuss the tax motivations for the rising trend in music catalog sales (and B sings a little Tay Tay). Check out the latest news on the podcast here: https://linktr.ee/taxesforthemasses
2024-07-2126 minTaxes for the MassesRERUN: Ep 68 On Bezos’ Move to FloridaAs we are on a short summer break, we have something special planned for your listening enjoyment! Get ready to revisit some of your favorite tax topics with our timeless reruns. In this episode, we discuss the potential tax motivations and implications of Bezos’ big move to Florida. Check out the latest news on the podcast here: https://linktr.ee/taxesforthemasses
2024-07-0726 minTaxes for the MassesRERUN: Ep 66 On the Tax Consequences of NILAs we are on a short summer break, we have something special planned for your listening enjoyment! Get ready to revisit some of your favorite tax topics with our timeless reruns. In this episode, we unpack the tax consequences of the NCAA's 2021 name, image, and likeness policy change to student athletes and discuss how athletic supporters have also tried to obtain favorable tax outcomes from NIL activities. Check out the latest news on the podcast here: https://linktr.ee/taxesforthemasses
2024-06-2326 minTaxes for the MassesRERUN: Ep 38 - On Gifts and Estates (Part I)Hey Tax Nerds! We're taking a short summer break, but we have something special planned for your listening enjoyment! In the meantime, get ready to revisit some of your favorite tax topics with our timeless reruns. 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. Check out the latest news on the podcast here: https://linktr.ee/taxesforthemasses
2024-06-0923 minTaxes for the MassesOn Scott Hodge's Book TaxocracyIn 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.2024-05-2629 minTaxes for the MassesOn the Qualified Business Income DeductionIn 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.2024-05-1223 minTaxes for the MassesOn the Tax Cuts and Jobs Act's Winners and LosersIn this episode, we unpack what research says about the effects of the Tax Cuts and Jobs Act six years after its effective date.2024-04-2826 minTaxes for the MassesOn Declining Accounting ProfessionalsIn this episode, we discuss the causes and consequences of reduced interest in the accounting profession.2024-04-1424 minTaxes for the MassesOn Shohei Ohtani's ContractIn this episode, we discuss the tax motivations for Shohei Ohtani's creative contract structure with the Dodgers.2024-03-3123 minTaxes for the MassesOn the Taxation of Music Catalog SalesIn this episode, we discuss the tax motivations for the rising trend of sales of music catalogs.2024-03-1724 minTaxes for the MassesOn the Latest Tax Research - ATA 2024In this episode, we discuss the latest tax research presented at the 2024 Journal of the American Taxation Association Conference.2024-03-0320 minTaxes for the MassesOn the Tax GapIn 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.2024-02-1828 minTaxes for the MassesOn Bezos' Move to FloridaIn this episode, we discuss the potential tax motivations and implications of Bezos’ big move to Florida.2024-02-0425 minTaxes for the MassesOn Microsoft's AuditIn 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.
2024-01-2125 minTaxes for the MassesOn the Tax Consequences of NILIn this episode, we unpack the tax consequences of the NCAA's 2021 name, image, and likeness policy change to student athletes and discuss how athletic supporters have also tried to obtain favorable tax outcomes from NIL activities.
2024-01-0725 minTaxes for the MassesOn Things Congress Could Have Done in 2023In this episode, we discuss two year-end tax bills that many hoped Congress would pass in 2023 but that they very likely will not.
2023-12-2427 minTaxes for the MassesOn the End of the Double Irish Tax StructureIn 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.
2023-12-1029 minTaxes for the MassesOn the Global Minimum Tax - An UpdateIn today’s 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.
2023-11-2630 minTaxes for the MassesOn Moore v. United StatesIn 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.
2023-11-1225 minTaxes for the MassesOn the ERTC, AgainIn this episode, we discuss the unexpected and potentially unjustified magnitude of Employee Retention Tax Credit payments.
2023-10-2923 minTaxes for the MassesOn the Latest Tax Research - Illinois Tax SymposiumIn this episode, we discus the latest tax accounting research presented at the biannual Tax Symposium hosted by the University of Illinois in Chicago.
2023-10-1523 minTaxes for the MassesOn Carried InterestIn 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.
2023-10-0123 minTaxes for the MassesOn Tax FootnotesIn 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.
2023-09-1727 minTaxes for the MassesOn the University Endowment TaxIn 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.
2023-09-0322 minTaxes for the MassesOn the Stock Buyback TaxIn 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.
2023-08-2024 minTaxes for the MassesOn Racial Bias in IRS AuditsIn 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.
2023-08-0634 minTaxes for the MassesOn Hunter Biden's Tax WoesIn 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.
2023-07-2324 minTaxes for the MassesOn AI and TaxesIn this episode, we discuss some ways artificial intelligence like ChatGPT could improve and worsen the US taxpayer experience.
2023-07-0922 minTaxes for the MassesOn Taxing CarbonIn this episode, we discuss different approaches to taxing pollution like carbon emissions, as well as recent research examining the impact of these policies.
2023-06-2525 minTaxes for the MassesOn the Feasibility of an IRS Direct File SystemIn 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.
2023-06-1135 minTaxes for the MassesOn 50 Episodes of TFTMIn this episode, we mostly goof off and talk about our experiences making 50 episodes of Taxes for the Masses.
2023-05-2829 minTaxes for the MassesOn IRS AuditsIn 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.
2023-05-1426 minTaxes for the MassesOn the IRS Charity ScandalIn 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.
2023-04-3026 minTaxes for the MassesOn Making Filing EasierIn 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.
2023-04-1624 minTaxes for the MassesOn Consumption TaxesIn this episode, we do a deeper dive into what these consumption taxes are, how they can be administered, and who pays them.
2023-04-0227 minTaxes for the MassesOn the Fair Tax ActIn this episode, we discuss how a national sales tax would work and the distributional effects the Fair Tax Act would have on American households.
2023-03-1924 minTaxes for the MassesOn the Latest Tax Research - 2023 EditionIn this episode, we discuss some of the latest tax research from the 2023 mid-year meeting of the American Taxation Association.
2023-03-0523 minTaxes for the MassesOn the Taxation of Gambling Income2023-02-1924 minTaxes for the MassesOn Taxing Professional AthletesIn this episode, we explain the mechanics and the history of the so-called “jock tax”.
2023-02-0525 minTaxes for the MassesOn Tax Fraud in the Trump OrganizationIn 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.
2023-01-2223 minTaxes for the MassesOn Trump's Tax ReturnsIn this episode, we discuss how former President Trump's tax returns were made public, what they reveal, and what could come next.
2023-01-0825 minTaxes for the MassesGifts and Estates (Part 2)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.
2022-12-2522 minTaxes for the MassesOn Gifts and Estates (Part 1)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.
2022-12-1122 minTaxes for the MassesOn the Revolving DoorThis episode is on the movement of high-level employees from public-sector to private-sector jobs and vice versa.
2022-11-2723 minTaxes for the MassesOn the Employee Retention Tax CreditThis episode is on the employee retention tax credit with special guest Stefan Richter to discuss his research on the topic.
2022-11-1323 minTaxes for the MassesOn Corporate State Taxes and Risk-TakingThis 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.
2022-10-3022 minTaxes for the MassesOn Taxes and InequityIn this very special episode, recorded LIVE at the University of Iowa's Tippie College of Business, we discuss tax policies and societal inequities.
2022-10-1643 minTaxes for the MassesOn the Work Opportunity Tax CreditIn this episode, we outline the history of the WOTC, discus the limited evidence on its effectiveness, and highlight potential room for improvement in the policy.
2022-10-0224 minTaxes for the MassesOn Property TaxesIn today’s episode, we welcome Jane Bowman, a Minnesota Tax Court Judge, to discuss property taxes.
2022-09-1823 min
Financial ReconThe Inflation Reduction Act with Dr. Lisa De Simone & Dr. Bridget StombergThe Inflation Reduction Act!Its been in the headlines, but how does it impact us all?Helping to break it down for us in their fun way are the ladies from the Taxes For the Masses Podcast: Dr Lisa De Simone & Dr Bridget Stomberg.You can follow Lisa & Bridget on Twitter: @TaxesMasses or by visiting their website: www.taxes-for-the-masses.comYou can follow us on Twitter: @Financial_ReconIf you like this show please be sure to subscribe and share it!2022-09-0741 minTaxes for the MassesOn Taxes and Rising RentsIn this episode, we explain how taxes may have influenced the rising rents trend over the past decade, along with other factors at play.
2022-09-0423 minTaxes for the MassesOn the Inflation Reduction ActIn this episode, we break down the tax policy changes embedded in the Inflation Reduction Act.
2022-08-2125 minTaxes for the MassesOn Taxes and InflationIn this episode, we explain inflation at a high level and examine its relation to taxes.
2022-08-0725 minTaxes for the MassesOn the Deductibility of Executive CompensationIn 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.
2022-07-2427 minTaxes for the MassesOn Paul Manafort and FATCAIn this episode, we discuss the laws requiring U.S. taxpayers to report foreign account information and research into the efficacy of those laws.
2022-07-1021 minTaxes for the MassesOn SECURE 2.0In 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.
2022-06-2623 minTaxes for the MassesOn the Latest Tax Research - Scandinavian EditionIn this episode, we discuss papers presented at the Third Norwegian Tax Accounting Symposium held in Bergen, Norway in May 2022.
2022-06-1223 minTaxes for the MassesOn Disney and DeSantisThis 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.
2022-05-2923 minTaxes for the MassesOn the Earned Income Tax CreditIn this episode, we outline the history of the EITC, recent proposals to modify and expand the credit, and evidence on its effectiveness.
2022-05-1522 minTaxes for the MassesOn Zero Tax FirmsIn this episode, we discuss how firms that report profit to their shareholders under U.S. GAAP can pay little or no federal income tax.
2022-05-0123 minTaxes for the MassesOn the Gig EconomyIn this episode, we discuss the tax implications of the gig economy for workers, companies and the government.
2022-04-1720 minTaxes for the MassesOn the Tax Treatment of CryptoIn this episode, we discuss the tax implications of cryptocurrency. We're joined by special guest Dan Hannum, COO of ZenLedger, a cryptocurrency tax software.
2022-04-0323 minTaxes for the MassesOn WFH - Income and DeductionsIn 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.
2022-03-2021 minTaxes for the MassesOn WFH - Where You Pay TaxIn 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.
2022-03-0623 minTaxes for the MassesOn the Latest Tax ResearchIn this episode, we discuss some of the latest research presented at the American Taxation Association's annual meeting and journal conference.
2022-02-2023 minTaxes for the MassesOn Free FilingIn this episode, we discuss the history of the IRS' free filing program and the recent controversy surrounding it.
2022-02-0622 minTaxes for the MassesOn Executive Stock OptionsIn this episode, we discuss the tax consequences to the employee and the employer of stock-based compensation with a focus on executive stock options.
2022-01-2322 minTaxes for the MassesOn the Marriage Tax Penalty and InequalityToday’s episode is on the federal marriage tax penalty, which is one way that taxes can contribute to inequality in the United States.
2022-01-0923 minTaxes for the MassesOn the SALT DeductionIn 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.
2021-12-2522 minTaxes for the MassesOn Wash Sales and Tax Loss HarvestingIn this episode, we discuss tax loss harvesting, a tax planning tool that can reduce taxes on capital gains and boost investment returns, so long as one minds the wash sale rules.
2021-12-1223 minTaxes for the MassesOn the Billionaire Income TaxWant to learn more about the billionaire income tax - a novel way to curb income tax avoidance by high-wealth and high-income individuals? Check out this episode where we welcome IU law professor David Gamage - who consulted with the Senate Finance Committee on the tax's design.
2021-11-2822 minTaxes for the MassesOn Corporate Tax ShamingIn 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."
2021-11-0723 minTaxes for the MassesOn the Pandora PapersIn this episode, we discuss the Pandora Papers, a massive data leak of almost 12 million files from 14 different offshore companies that advise primarily wealthy clients on legal and financial transactions. We detail how and why non-U.S. citizens or residents are establishing trusts in U.S. states to facilitate tax avoidance and hide assets from creditors.
2021-10-2423 minTaxes for the MassesOn the Child Tax CreditIn this episode, we discuss Congress' recent expansion and acceleration of the Child Tax Credit, and why these changes have caused so much widespread confusion.
2021-10-1023 minTaxes for the MassesTrailer for EducatorsIn this trailer, we describe how our podcast and suggested teaching materials can be used by educators.
2021-10-0701 minTaxes for the MassesOn the GLoBE: the Global Minimum TaxIn 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.
2021-09-2623 minTaxes for the MassesOn Biden’s Proposed Minimum Book TaxIn this episode, we discuss the good, bad and ugly aspects of Biden's proposed minimum tax on book income.
2021-09-1223 minTaxes for the MassesOn the Lord of the RothsEver 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!
2021-08-2923 minTaxes for the MassesTFTM Trailer 2In this second trailer, learn even more about the hosts and why we started Taxes for the Masses
2021-08-2602 minTaxes for the MassesOn Biden's Proposed International Tax ReformIn this episode, we discuss some of the more complicated international provisions of President Biden’s Made in American Tax plan, which could change the taxation of U.S. multinationals. The U.S. tax code currently allows U.S. multinationals to avoid or reduce the U.S. tax on some of their foreign earnings. Two of the guiding principles of the Made in American Tax Plan are reducing profit shifting by eliminating incentives for U.S. multinationals to offshore investment and ending the global race to the bottom. We discuss how President Biden proposes to achieve those goals.
2021-08-1523 minTaxes for the MassesOn the IRS BudgetIn 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.
2021-08-0123 minTaxes for the MassesOn the IRS Data LeakIn this episode, we discuss the recent IRS data leak, how the wealthy avoid taxes, and the merits and drawbacks of a proposed wealth tax.
2021-07-1823 minTaxes for the MassesTFTM TrailerLearn more about the hosts and the goals of Taxes for the Masses
2021-07-0301 minTaxes for the MassesOn Biden's Proposed Corporate Tax Rate IncreaseWe discuss the good, bad, and ugly aspects of President Biden's proposal to increase the corporate tax rate to 28% as part of his Made in America Tax Plan.
2021-07-0223 min