The Taxverse Podcast Experience

Episode 38: 2025 Tax Season Stats, SALT Cap Push, DeFi Bill Signed, and the End of Paper Checks

In Episode 38 of The Taxverse Podcast Experience, hosts Zac Crites and Tanner Nickles unpack a packed week of tax headlines. We start with a look at the latest IRS filing statistics for the 2025 tax season and what they reveal about taxpayer behavior so far. Next, we discuss a new proposal to raise the SALT deduction cap to $30,000. Then we dive into Trump’s signing of a bill blocking a DeFi crypto tax rule - what does this mean for digital asset reporting? Finally, we cover the U.S. Treasury’s move to eliminate paper checks and how this shift could impact millions of taxpayers.
 
Resources:
https://www.accountingtoday.com/list/tax-filing-season-statistics-for-2025 https://www.accountingtoday.com/articles/house-republican-sees-salt-deduction-limit-boost-to-30k https://www.accountingtoday.com/articles/trump-signs-bill-blocking-defi-crypto-tax-rule-biden-pushed https://www.kiplinger.com/taxes/u-s-treasury-to-eliminate-paper-checks-this-year-what-it-means-for-you

Episode 37: Trump’s No-Tax Plan, IRS Preparer Oversight Bill, and CrossLink’s Zapier Automation

In Episode 37 of The Taxverse Podcast Experience, hosts Zac Crites and Tanner Nickles break down some of the biggest tax and tech updates in the industry. We discuss Donald Trump’s latest tax proposal, which aims to eliminate federal income taxes for individuals earning under $150,000—how realistic is it, and what are the potential implications? We also dive into a new bill that would give the IRS oversight of tax preparers, a move that could reshape the profession. Plus, Zac shares how he set up an automation in CrossLink’s Zapier integration that triggers an email when a payment is processed—showing how automation can streamline tax office workflows. Don’t miss this episode packed with insights, analysis, and tech tips!

Episode 36: IRS Workforce Cuts, BOI Deadline Extended, and New Acting Commissioner

In Episode 36, hosts Zac Crites and Tanner Nickles break down major developments at the IRS. We discuss reports that the IRS is drafting plans to cut its workforce, the potential impact on tax professionals, and how automation is reshaping the agency’s future. We also dive into FinCEN’s decision to extend the BOI reporting deadline and temporarily halt enforcement, raising new compliance questions for businesses. Finally, we introduce Melanie Krause, the newly appointed Acting IRS Commissioner following Douglas O’Donnell’s retirement, and explore what her leadership could mean for the agency moving forward.
 
Resources:
https://www.cnn.com/2025/03/04/politics/irs-drafting-plans-cut-workforce/index.html
https://www.journalofaccountancy.com/news/2025/feb/fincen-extends-boi-reporting-deadline-halts-enforcement.html
https://www.irs.gov/newsroom/krause-to-serve-as-acting-irs-commissioner-odonnell-retires-after-distinguished-career
 

Episode 35: Trump’s IRS Hiring Freeze, Job Cuts, and the DOGE Dividend Proposal

In Episode 35 of The Taxverse Podcast Experience, hosts Zac Crites and Tanner Nickles break down the latest tax and policy shakeups. We discuss Donald Trump’s IRS hiring freeze. And in a surprising twist, we analyze the buzz around the so-called ‘DOGE Dividend’ stimulus check proposal, an idea gaining traction from Trump and Elon Musk.
Resources:
https://www.accountingtoday.com/news/trump-freezes-irs-hiring-backs-out-of-global-tax-deal
https://www.accountingtoday.com/articles/irs-plans-to-cut-thousands-of-workers-by-mail
https://www.usatoday.com/story/money/2025/02/22/doge-dividend-stimulus-checks-trump-musk/79594413007/#
 

Episode 34: Commissioner Werfel Steps Down & Trump’s External Revenue Service Plan

In Episode 34 of the podcast hosts Zac Crites and Tanner Nickles discuss the sudden resignation of Danny Werfel as IRS Commissioner and what it could mean for taxpayers and tax professionals. They also delve into Donald Trump’s proposal for an External Revenue Service. Join us for a thought-provoking conversation on these new developments and how they may reshape tax policies in the near future.
 
Resources: 
https://www.accountingtoday.com/news/danny-werfel-resigns-as-irs-commissioner
https://www.foxbusiness.com/economy/trumps-external-revenue-service-collect-from-importers-not-foreign-sources.amp
 
 

Episode 33: 2025 Tax Season Launch, LA Wildfire Relief, and Industry Preview

In Episode 33 of 'The Taxverse Podcast Experience,' hosts Zac Crites and Tanner Nickles break down key updates for the upcoming 2025 tax filing season, which officially starts on January 27. They also discuss crucial IRS relief measures, including extended deadlines until October 15 for victims of the Los Angeles County wildfires and more.
 
Resources:
https://www.irs.gov/newsroom/irs-announces-jan-27-start-to-2025-tax-filing-season-agency-continues-historic-improvements-to-expand-enhance-tools-and-filing-options-to-help-taxpayers
https://www.cpapracticeadvisor.com/2025/01/10/irs-postpones-tax-deadlines-until-oct-15-for-victims-of-los-angeles-county-wildfires/154398/
https://www.journalofaccountancy.com/issues/2025/jan/tax-season-2025-preview.html