{"id":5968,"date":"2024-03-28T22:00:47","date_gmt":"2024-03-28T20:00:47","guid":{"rendered":"https:\/\/ch.jfdi.cc\/?p=5968"},"modified":"2024-03-28T22:00:47","modified_gmt":"2024-03-28T20:00:47","slug":"inside-government-crackdown-on-corporate-jet-tax-abuse-podcast","status":"publish","type":"post","link":"https:\/\/ch.jfdi.cc\/?p=5968","title":{"rendered":"Inside Government Crackdown on Corporate Jet Tax Abuse (Podcast)"},"content":{"rendered":"<p>The corporate jet industry is the latest to be targeted by the government\u2019s efforts to make the rich pay the taxes they owe. <br \/><strong><sub>Listen <\/sub><\/strong>here<strong><sub> and subscribe to <\/sub><\/strong>Talking Tax<strong><sub> on <\/sub><\/strong>Apple Podcasts<strong><sub>, <\/sub><\/strong>Spotify<strong><sub>, <\/sub><\/strong>Google Podcasts<strong><sub>, <\/sub><\/strong>Megaphone<strong><sub>, or <\/sub><\/strong>Audible<strong><sub>.<\/sub><\/strong>The IRS began an audit campaign in February to clamp down on executives abusing corporate jet tax breaks for personal use. President Joe Biden\u2019s proposed budget would tighten depreciation rules and increase the tax rate on private jet fuel, and Senate Democrats sent a letter urging the Treasury Department and Internal Revenue Service to change how corporate jet owners deduct certain costs.Bloomberg Tax reporter Erin Schilling spoke with Michael Kaercher, a senior attorney adviser at the Tax Law Center at New York University, about a regulatory change the IRS could pair with its enforcement efforts and why the industry has landed in the spotlight for tax reform.<em>Do you have feedback on this episode of Talking Tax? Give us a call and leave a voicemail at 703-341-3690.<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The government is targeting the corporate jet industry to ensure that the rich pay the taxes they owe.<\/p>\n","protected":false},"author":6,"featured_media":5969,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"Default","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[1],"tags":[247,492,1766,1221,3348,4017,2511,2515,2658,250,415,4018,1823,1991,756,393,435,1670,1065,3912,1183,973,380],"class_list":["post-5968","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-other","tag-apple","tag-biden","tag-budget","tag-campaign","tag-change","tag-corporate-jet-industry","tag-costs","tag-february","tag-fuel","tag-google","tag-government","tag-government-tax-efforts","tag-increase","tag-industry","tag-joe-biden","tag-new-york","tag-podcast","tag-president-joe-biden","tag-tax","tag-tax-reform","tag-taxes","tag-treasury","tag-us"],"acf":{"keyphrase":"","keywords":"","sourceimg":"","country-category":""},"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.8 - 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