SALT through the Years: The Adversarial Relationship Between Taxpayers, Revenue Departments and Legislators, a discussion with Bruce Nelson and Judy Vorndran episode artwork

EPISODE · Aug 15, 2020 · 38 MIN

SALT through the Years: The Adversarial Relationship Between Taxpayers, Revenue Departments and Legislators, a discussion with Bruce Nelson and Judy Vorndran

from SALTovation: Navigating the Complexities of State and Local Tax by Aprio

In this episode of the SALTovation podcast, we are joined by Judy Vorndran and Bruce Nelson. Bruce has dealt with adversarial relationships for 40 years and is now an instructor for the AICPA and CSCPA and the Editor-in-Chief of the Journal of State Taxation. Bruce talks about why the relationships between taxpayers and the department of revenues keep on deteriorating on so many levels. He shares the factors that have contributed to worsening these relationships and the role each of the parties has played. Listen in to learn how you should handle your taxes as a business owner and the responsibility you have to ensure you’re complying. Questions asked and answered in this Episode: What are the issues that come together to create the environment leading up to the Quail decision in 1992?Was the Quail case a huge blow to the states?Does Bruce think good tax policy and good tax law are just more of the same?Will Wayfair change relationships between taxpayers and departments of revenues for the better as opposed to Quail?What should business owners be expecting since there are fewer taxpayers’ victories in tax law nowadays?Why do we need the marketplace? Who is the market place? What You Will Discover:  [2:29] The issues that have changed the relationships between taxpayers and tax administrators and legislators to become more divisive. [7:34] How technological transitioning has changed the tax world which has broken the relationship between auditors and taxpayers.[10:22] Ways in which Quail was a huge setback for states.[14:57] Why tax policy and tax law need funds. Things that do not make sense from a conducting business perspective that impact taxpayers’ duties across the country.[22:34] Bruce explains why relationships between taxpayers and state department of tax are only going to get worse due to COVID even after Wayfair.[29:35] How business owners should handle their tax planning and audits to avoid tax cases.[35:38] Why things are going to get interesting in the coming years with business and their taxes. Quotables: “You can’t just train to an audit, you have to understand business as a whole.” -Bruce Nelson [9:46] “There’s a lot of things that don’t make sense from a doing business perspective that impacts taxpayers’ duties across our land.” - Judy Vorndran [21:35] “I think it’s going to get worse; it’s going to get uglier, and I don’t see any solution to that.” -Bruce Nelson [28:44] “Taxpayers and attorneys and accountants, we have our share of the blame here too that makes the situation worse.” -Bruce Nelson [34:11] Relevant Links: LinkedIn: https://www.linkedin.com/in/bruce-nelson-2a434064/ Disclaimer: This podcast is for educational purposes only and is not intended, nor should it be relied upon, as legal, tax, accounting or investment advice. You should consult with a competent professional to discuss specifics of your situation and the applicability of the information presented.Subscribe on your favorite podcast app:https://saltovation.captivate.fm/listenhttps://linktr.ee/taxops Follow Us on Socialshttps://www.linkedin.com/company/taxops-llchttps://www.youtube.com/channel/UCMB1ZQNGXM_F777SIEl8Vjw Talk To A Tax Advocate TodayTaxOps Website: https://taxops.com/contact/Production SupportThis episode was produced with support from Truth Work Media. www.truthworkmedia.comMentioned in this episode:Schedule a Call with the Aprio Team Now!Introductory Call

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SALT through the Years: The Adversarial Relationship Between Taxpayers, Revenue Departments and Legislators, a discussion with Bruce Nelson and Judy Vorndran

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This episode was published on August 15, 2020.

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In this episode of the SALTovation podcast, we are joined by Judy Vorndran and Bruce Nelson. Bruce has dealt with adversarial relationships for 40 years and is now an instructor for the AICPA and CSCPA and the Editor-in-Chief of the Journal of State...

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