The Taxverse Podcast Experience

Episode 30: New Era, New Tax Plan: Analyzing President Trump’s Proposed Tax Policies

In this episode, we dive into the tax landscape under newly elected President Donald Trump. With a focus on his proposed changes, we discuss how his policies might impact taxpayers, businesses, and the broader economy. Join us as we explore the anticipated tax reforms, the implications for tax professionals, and what might lie ahead in this new era of American tax policy.
 
Resources:
https://taxfoundation.org/research/all/federal/donald-trump-tax-plan-2024/
https://taxfoundation.org/research/all/federal/donald-trump-tax-plan-2024/
 
 

Episode 29: TurboTax Breakup Ad Backlash, 2025 Tax Inflation Adjustments, and PTIN Renewal

In Episode 29 of 'The Taxverse Podcast Experience,' hosts Zac Crites and Tanner Nickles discuss the recent backlash against TurboTax’s controversial 'breakup' ad and its impact on tax professionals. We also cover the IRS’s newly released tax inflation adjustments for the 2025 tax year, breaking down what these changes mean for both taxpayers and professionals. Lastly, we provide essential insights on the start of the 2025 PTIN renewal season, ensuring you're ready for the upcoming tax season.
Resources:
https://tax.thomsonreuters.com/news/turbotax-breakup-ad-draws-ire-from-tax-pro-org/
https://www.irs.gov/newsroom/irs-releases-tax-inflation-adjustments-for-tax-year-2025
https://www.cpapracticeadvisor.com/2024/10/21/irs-kicks-off-ptin-renewal-season-for-2025/112003/
 
 

Episode 28: TurboTax Ad Controversy, Free Marketing Kit, and Upcoming Webinar Series

In Episode 28 of 'The Taxverse Podcast Experience,' hosts Zac Crites and Tanner Nickles tackle the controversy surrounding TurboTax’s latest ad campaign and its impact on the tax industry. We also dive into CrossLink’s free digital marketing kit, designed to empower tax professionals with tools to grow their business year-round. Plus, we give you an inside look at our upcoming CrossLink Webinar Series, where you can learn practical strategies to enhance your tax practice.
 
Resources:
https://www.cpapracticeadvisor.com/2024/10/14/turbotax-ad-draws/111744/
https://www.accountingtoday.com/news/inuit-discontinues-turbotax-ad-after-natp-criticism
https://www.reuters.com/world/us/trump-propose-making-car-loan-interest-tax-deductible-speech-2024-10-10/
 

Episode 27: The Future of Accounting and New Taxpayer Privacy Protections

In Episode 27 of 'The Taxverse Podcast Experience,' hosts Zac Crites and Tanner Nickles unpack the latest survey results that reveal key trends and challenges shaping the future of the accounting profession. From evolving technologies to shifting client expectations, we explore what’s ahead for accountants. Plus, we dive into the recent passage of the taxpayer privacy bill by the House, a response to the controversial Trump and billionaire tax leaks. This episode offers valuable insights into the evolving landscape of accounting and the ongoing efforts to protect taxpayer data.
 
Resources:
https://www.accountingtoday.com/news/house-passes-taxpayer-privacy-bill-after-trump-and-billionaire-tax-leaks?utm_source=linkedin&utm_medium=newsletter&utm_campaign=closing-entries
https://www.cpapracticeadvisor.com/2024/09/15/survey-results-are-in-charting-the-future-of-accounting/110324/
 

Episode 26: CPA Licensure Changes and Trump’s No-Tax Overtime Promise

In Episode 26 of 'The Taxverse Podcast Experience,' Zac Crites and Tanner Nickles break down two major developments impacting the finance world. First, we explore the AICPA and NASBA's proposed new pathway to CPA licensure, a move that could reshape the future for aspiring accountants. Then, we shift gears to discuss Donald Trump’s recent pledge to eliminate taxes on overtime pay, a proposal that has stirred discussions about worker benefits and tax policy. Join us for insightful analysis on how these changes could affect the tax industry and your career.
 
Resources:
https://www.cpapracticeadvisor.com/2024/09/12/aicpa-nasba-seek-input-on-proposed-new-pathway-to-cpa-licensure/110426/
https://finance.yahoo.com/news/trump-pledges-no-taxes-overtime-230155596.html
https://taxfoundation.org/blog/trump-overtime-tax-exemption/
 
 

Episode 25: Trump vs. Harris Tax Showdown and IRS’s $1.3B Recovery from the Wealthy

In Episode 25 of 'The Taxverse Podcast Experience,' hosts Zac Crites and Tanner Nickles dive into the latest tax policy debates between presidential candidates Donald Trump and Kamala Harris. We break down their contrasting approaches and what they could mean for taxpayers across the country. Plus, we explore the recent announcement from the IRS and the U.S. Department of the Treasury about recovering $1.3 billion from high-income and high-wealth individuals through initiatives under the Inflation Reduction Act.
 
Resources:
https://smartasset.com/taxes/first-time-homebuyer-tax-credit
https://www.irs.gov/newsroom/us-department-of-the-treasury-irs-announce-1-point-3-billion-recovered-from-high-income-high-wealth-individuals-under-inflation-reduction-act-initiatives
https://www.empower.com/the-currency/money/irs-audit-triggers
https://www.ncsl.org/human-services/child-tax-credit-overview
https://www.thetaxadviser.com/issues/2022/nov/deduction-of-startup-expenses.html