How Changes in the World Create Changes in Tax Laws
It might seem difficult to come up with anything that is exciting or interesting about state and local tax (SALT). And what could possibly be new or challenging about it? In this episode, tax lawyer and CPA, Jordan M. Goodman, shares several answers to these questions. In particular, he discusses how changes in the world have a direct and immediate impact on tax laws, and gives examples of new situations that offer opportunities to create new laws.
Jordan M. Goodman is a partner with the law firm of Horwood Marcus & Berk Chartered who concentrates his practice in state and local tax planning and the resolution of state and local tax controversies for multistate and multinational corporations. He advises businesses in various industries on the tax ramifications and benefits of various organizational structures and has lectured on numerous state and local tax topics before business and professional associations.
Meet the Host
Randy Crabtree, CPA
Randy Crabtree, co-founder and partner of Tri-Merit Specialty Tax Professionals, is a widely followed author, lecturer and podcast host for the accounting profession.
Since 2019, he has hosted the bi-weekly “The Unique CPA,” podcast, which ranks among the world’s 10% most popular programs (Source: Listen Score). You can find articles from Randy in Accounting Today’s Voices column, the AICPA Tax Adviser (Tax-saving opportunities for the housing and construction industries) and he is a regular presenter at conferences and virtual training events hosted by CPAmerica, Prime Global, Leading Edge Alliance (LEA), Allinial Global and several state CPA societies. Crabtree also provides continuing professional education to top 100 CPA firms across the country.
Schaumberg, Illinois-based Tri-Merit is a niche professional services firm that specializes in helping CPAs and their clients benefit from R&D tax credits, cost segregation, the energy efficient commercial buildings deduction (179D), the energy efficient home credit (45L) and the employee retention credit (ERC).
Prior to joining Tri-Merit, Crabtree was managing partner of a CPA firm in the greater Chicago area. He has more than 30 years of public accounting and tax consulting experience in a wide variety of industries, and has worked closely with top executives to help them optimize their tax planning strategies.