Nathan Goldman

Minneapolis

Managing Editor at Jewish Currents

writer // managing editor @jewishcurrents

Articles

A New IRS Commissioner And The Promise Of More Efficient Tax Audits

1 week ago | forbes.com | Nathan Goldman

WASHINGTON, DC - AUGUST 18: The Internal Revenue Service (IRS) building on Thursday, Aug. 18, 2022 ... More in Washington, DC. (Kent Nishimura / Los Angeles Times via Getty Images)Los Angeles Times via Getty ImagesThe Senate has officially confirmed that former Missouri Congressman Billy Long will serve as the IRS commissioner in Trump’s second term.
Inside Congress’s Fight Over The $40,000 SALT Deduction Cap

1 week ago | forbes.com | Nathan Goldman

WASHINGTON, DC - MAY 22: U.S. Speaker of the House Mike Johnson (R-LA) speaks to the media after the ... More House narrowly passed a bill forwarding President Donald Trump's agenda at the U.S. Capitol on May 22, 2025 in Washington, DC. The tax and spending legislation, in what has been called the "One, Big, Beautiful Bill" Act, redirects money to the military and border security and includes cuts to Medicaid, education and other domestic programs.
The Tax Benefit Of Winning The U.S. Open At Oakmont Country Club

2 weeks ago | forbes.com | Nathan Goldman

PINEHURST, NORTH CAROLINA - JUNE 16: Bryson DeChambeau of the United States poses with the trophy ... More after winning the 124th U.S. Open at Pinehurst Resort on June 16, 2024 in Pinehurst, North Carolina. (Photo by Ross Kinnaird/Getty Images)Getty ImagesLast year’s U.S. Open Champion, Bryson Dechambeau, had many reasons to smile. In addition to lifting the trophy, he also took home $4.3 million. The U.S. Open continues to represent one of golf’s biggest prizes.
3 Key Tax Considerations For The $1,000 Trump Savings Accounts

2 weeks ago | forbes.com | Nathan Goldman

WASHINGTON, DC - MARCH 06: U.S. President Donald Trump speaks (Photo by Alex Wong/Getty Images)Getty ImagesAn important provision in the One Big Beautiful Bill Act passed by the House of Representatives is the creation of the Trump Accounts. According to a Forbes article, these savings accounts will be funded by the federal government and they will provide each baby born between January 1, 2025, and December 31, 2028, with $1,000 for investment.
3 Important Tax Considerations Following The House Versus NCAA Ruling

2 weeks ago | forbes.com | Nathan Goldman

DURHAM, NORTH CAROLINA - JANUARY 07: Cooper Flagg #2 of the Duke Blue Devils dunks against the ... More Pittsburgh Panthers during the second half of the game at Cameron Indoor Stadium on January 07, 2025 in Durham, North Carolina. (Photo by Grant Halverson/Getty Images)Getty ImagesFollowing a lengthy legal battle, the AP reports that Judge Claudia Wilken has approved a deal between the NCAA and lawyers representing NCAA athletes.
What To Know About The IRS’s $4 Billion Tax Assessment On Yum! Brands

3 weeks ago | forbes.com | Nathan Goldman

KFC Taco Bell (Photo by Artur Widak/NurPhoto via Getty Images)NurPhoto via Getty ImagesThe IRS has assessed $4 billion in taxes, penalties, and interest on Yum! Brands. The issue stems from a tax-deferred reorganization in 2014. Yum! Brands is now suing to prevent the IRS from collecting these funds. M&A is often among the most complicated tax issues large corporations face, which can often lead to uncertainty and scrutiny from the IRS.
3 Key Takeaways From The CBO’s Report On The One Big Beautiful Bill

3 weeks ago | forbes.com | Nathan Goldman

WASHINGTON - JUNE 5: The U.S. Capitol is shown June 5, 2003 in Washington, DC. Both houses of the ... More U.S. Congress, the U.S. Senate and the U.S. House of Representatives meet in the Capitol. (Photo by Stefan Zaklin/Getty Images)Getty Images The CBO estimates that the One Big Beautiful Bill Act will add $2.4 trillion to the federal deficit over the next decade.
Pardoned Or Not, ‘Chrisley Knows Best’ About Tax Evasion

3 weeks ago | forbes.com | Nathan Goldman

In 2022, Todd and Julie Chrisley were sentenced to prison for, among other things, tax fraud. The celebrity couple known best for their reality TV show titled “Chrisley Knows Best” became famous, in part, for their impression of living a lavish lifestyle. However, it was all a sham, which led to them being convicted of financial crimes. In unexpected news, President Trump has pardoned the Chrisleys.
Increasing corporate tax disclosures: Transparency or greenwashing?

1 month ago | illuminem.com | Nathan Goldman

Recent academic research explores a United Kingdom reform mandating large companies to disclose reports on tax strategy. The study finds that while the mandate leads to more disclosure, it does not increase overall tax transparency. It concludes that the enhanced tax disclosure requirements may not positively affect tax disclosures as intended.
5 Key Takeaways From The House’s Passage Of The Big Beautiful Bill Act

1 month ago | forbes.com | Nathan Goldman

By the thinnest of margins (215 to 214), the House of Representatives has voted to pass Trump’s domestic policy bill. According to Forbes, the ‘Big Beautiful Bill’ act has trillions of dollars of impact on US taxpayers, including renewing the tax cuts from the Tax Cuts and Jobs Act of 2017, a deduction for income earned from tips, and increased deductions for state and local income taxation, and much more.