• What To Know About The Not-So-Usual 2025 Tax Season

  • Jan 29 2025
  • Length: 19 mins
  • Podcast

What To Know About The Not-So-Usual 2025 Tax Season

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  • Jan 28, 2025 Forbes Tax BreaksOn this first episode of the Forbes Tax Breaks Podcast, Forbes Senior Writer and tax attorney Kelly Phillips Erb discusses the implications of the Trump administration's policies on the 2025 tax season. She highlights potential challenges due to hiring freezes and policy changes, and explores the impact on international taxation and foreign relations. Additionally, we answer a taxpayer question about the tax implications of child support and alimony. And we end by testing your knowledge of tax history. Subscribe to the Tax Breaks Newslette herer:https://www.forbes.com/sites/kellyphi...00:00 Introduction00:44 The Impact of Donald Trump Executive Actions07:48 Supreme Court Puts Business Ownership Reporting Block On Hold10:30 Taxpayer Q&A11:52 Tax Stats And Updates14:53 Tax Industry Updates16:40 Tax Trivia17:56 OutroSHOW NOTES:Werfel’s Last Day:https://www.forbes.com/sites/kellyphi...Long’s nomination:https://www.forbes.com/sites/kellyphi...Executive order hiring freeze:https://www.forbes.com/sites/kellyphi...Tax season open:https://www.forbes.com/sites/kellyphi...Executive order trade:https://www.forbes.com/sites/kellyphi...Executive order birthright:https://www.forbes.com/sites/darrenca...Supreme Court CTA:https://www.forbes.com/sites/kellyphi...FinCEN:https://www.fincen.gov/boiTax Notes transcript:https://www.forbes.com/sites/taxnotes...Foreign giftshttps://www.forbes.com/sites/virginia...Subscribe to FORBES: https://www.youtube.com/user/Forbes?s...Fuel your success with Forbes. Gain unlimited access to premium journalism, including breaking news, groundbreaking in-depth reported stories, daily digests and more. Plus, members get a front-row seat at members-only events with leading thinkers and doers, access to premium video that can help you get ahead, an ad-light experience, early access to select products including NFT drops and more:https://account.forbes.com/membership...Stay ConnectedForbes newsletters: https://newsletters.editorial.forbes.comForbes on Facebook: http://fb.com/forbesForbes Video on Twitter: / forbes Forbes Video on Instagram: / forbes More From Forbes: http://forbes.comForbes covers the intersection of entrepreneurship, wealth, technology, business and lifestyle with a focus on people and success.See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.
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