Taxes

You’ve probably heard about the Limit, Save, Grow Act of 2023 (LSG, H.R. 2811), which narrowly passed the House of Representatives last month. It features prominently in the ongoing debate over the federal debt ceiling. It’s the GOP’s wish list of spending cuts, totaling $4.8 trillion over the 10-year budget window, according to the Congressional

Earlier this month, a group of Senators sent a letter to IRS Commissioner Danny Werfel about the use of AI—artificial intelligence—technology, including ChatGPT, to engage in scams aimed at taxpayers. Eric Hylton is the National Director of Compliance at alliantgroup, but he previously served as IRS Commissioner of the Small Business/Self Employed Division, as well

The conventional term for someone like Brian Swanson is tax protester, which Wikipedia defines as someone who refuses to pay a tax claiming that the tax laws are unconstitutional or otherwise invalid. In 1998 Congress forbade IRS from designating people “illegal tax protesters”, but that does not prevent others including the courts from throwing the

Professors Bridget Crawford and Victoria Haneman discuss the estate and gift tax and how it could apply to the gifts received by Supreme Court Justice Clarence Thomas. This transcript has been edited for length and clarity. David D. Stewart: Welcome to the podcast. I’m David Stewart, editor in chief of Tax Notes Today International. This

Charitable giving has long been essential to creating a better world by enabling donors to support causes by giving to organizations structured under Internal Revenue Code 501(c)3. Effective charitable planning and planned giving are crucial for maximizing the positive impact of these donations. With advances in artificial intelligence and natural language processing, tools like ChatGPT