{"id":14625,"date":"2020-03-10T15:07:55","date_gmt":"2020-03-10T23:07:55","guid":{"rendered":"https:\/\/www.businessenglishpod.com\/?p=14625"},"modified":"2022-12-12T08:14:27","modified_gmt":"2022-12-12T16:14:27","slug":"bep-356-financial-english-discussing-taxes-2","status":"publish","type":"post","link":"https:\/\/9to5english.com\/wordpress\/2020\/03\/10\/bep-356-financial-english-discussing-taxes-2\/","title":{"rendered":"BEP 356 &#8211; Financial English: Discussing Taxes 2"},"content":{"rendered":"<!--[if lt IE 9]><script>document.createElement('audio');<\/script><![endif]-->\n<audio class=\"wp-audio-shortcode\" id=\"audio-14625-1\" preload=\"none\" style=\"width: 100%;\" controls=\"controls\"><source type=\"audio\/mpeg\" src=\"https:\/\/traffic.libsyn.com\/bizpod\/BEP356-Taxes2.mp3?_=1\" \/><a href=\"https:\/\/traffic.libsyn.com\/bizpod\/BEP356-Taxes2.mp3\">https:\/\/traffic.libsyn.com\/bizpod\/BEP356-Taxes2.mp3<\/a><\/audio>\n<p><a title=\"BEP 356 - English for Finance: Discussing Taxes 2\" href=\"https:\/\/businessenglishpod.com\/learningcenter\/Premium2008\/content18\/BEP356POD\/index.html\" target=\"_blank\" rel=\"noopener noreferrer\"><img fetchpriority=\"high\" decoding=\"async\" src=\"https:\/\/www.businessenglishpod.com\/wordpress\/wp-content\/uploads\/BEP-356-Financial-English-Discussing-Taxes-2-LESSON-600x258.jpg\" alt=\"BEP 356 - Financial English: Discussing Taxes 2\" width=\"600\" height=\"258\" class=\"alignnone size-large wp-image-14627\" srcset=\"https:\/\/9to5english.com\/wordpress\/wp-content\/uploads\/BEP-356-Financial-English-Discussing-Taxes-2-LESSON-600x258.jpg 600w, https:\/\/9to5english.com\/wordpress\/wp-content\/uploads\/BEP-356-Financial-English-Discussing-Taxes-2-LESSON-300x129.jpg 300w, https:\/\/9to5english.com\/wordpress\/wp-content\/uploads\/BEP-356-Financial-English-Discussing-Taxes-2-LESSON-768x330.jpg 768w, https:\/\/9to5english.com\/wordpress\/wp-content\/uploads\/BEP-356-Financial-English-Discussing-Taxes-2-LESSON-200x86.jpg 200w, https:\/\/9to5english.com\/wordpress\/wp-content\/uploads\/BEP-356-Financial-English-Discussing-Taxes-2-LESSON-400x172.jpg 400w, https:\/\/9to5english.com\/wordpress\/wp-content\/uploads\/BEP-356-Financial-English-Discussing-Taxes-2-LESSON-800x344.jpg 800w, https:\/\/9to5english.com\/wordpress\/wp-content\/uploads\/BEP-356-Financial-English-Discussing-Taxes-2-LESSON.jpg 900w\" sizes=\"(max-width: 600px) 100vw, 600px\" \/><\/a><\/p>\n<p>Welcome back to Business English Pod for today&#8217;s lesson on <a href=\"https:\/\/www.businessenglishpod.com\/category\/finance-accounting\/\" rel=\"noopener noreferrer\" target=\"_blank\">financial English<\/a> vocabulary for <a href=\"https:\/\/www.businessenglishpod.com\/2020\/03\/01\/bep-355-financial-english-discussing-taxes-1\/\" rel=\"noopener noreferrer\" target=\"_blank\">discussing taxes<\/a>.<\/p>\n<p>Spring is a busy time for accountants in the U.S. and many other countries. That&#8217;s because spring is when corporations and individuals have to file a tax return with the government. It&#8217;s our yearly reminder that we don&#8217;t get to keep everything we earn.<\/p>\n<p>Of course, those busy accountants aren&#8217;t just calculating your revenue and costs. They&#8217;re looking for ways to reduce the amount you &#8211; or your business &#8211; have to pay in tax. And that&#8217;s why the chatter around offices and board rooms is all about ways to avoid handing over too much money to the tax man.<\/p>\n<p>Listen to these conversations and you&#8217;ll notice many useful expressions. For example, I&#8217;ve already used the phrase \u201cfile a tax return.&#8221; That verb \u201cfile&#8221; always goes with \u201creturn&#8221; when we talk about our annual submission to the government. You can learn those words together, as one expression or \u201ccollocation.&#8221;<\/p>\n<p>A collocation is just a natural combination of words that native English speakers learn as a chunk. With <a href=\"https:\/\/www.businessenglishpod.com\/category\/english-collocations\/\" rel=\"noopener noreferrer\" target=\"_blank\">English collocations<\/a>, we don&#8217;t have to go searching for every word in our brain. Instead, we pull out a string of words that matches our intended meaning. Learning these strings of words is more efficient, and will make you sound more natural. As you listen to today&#8217;s conversation, try to pick out some of these collocations and we&#8217;ll discuss them later in the debrief.<\/p>\n<p>In the dialog, we&#8217;ll continue with a conversation about the tax situation of a company called Brando Equipment. Christie has been giving an update to two senior managers: Glen and Ivana. Last time, Christie gave them an overall picture of the tax situation, and today she&#8217;s providing more detail.<\/p>\n<p><strong>Listening  Questions<\/strong><\/p>\n<p>1.\tWhat does Christie say is one factor that increased their reported income?<br \/>\n2.\tWhat helped reduce the company&#8217;s reported income by about $50,000?<br \/>\n3.\tWhat important issue does Ivana want to discuss in more detail at the end of the dialog?\u201d<\/p>\n<p>[tp no_translate=&#8221;y&#8221;]<strong>Premium Members: <a href=\"https:\/\/businessenglishpod.com\/learningcenter\/Premium2008\/content18\/BEP356SN-Tax-Collocations2.pdf\" target=\"_blank\" rel=\"noopener noreferrer\"><span style=\"color: #800000;\">PDF Transcript<\/span><\/a> | <a href=\"https:\/\/businessenglishpod.com\/learningcenter\/Premium2008\/content18\/BEP356QIZ\/presentation.html\" target=\"_blank\" rel=\"noopener noreferrer\"><span style=\"color: #800000;\">Quizzes<\/span><\/a> | <a href=\"\/learningcenter\/Premium2008\/content18\/BEP356PC.mp3\" target=\"_blank\" rel=\"noopener noreferrer\"><span style=\"color: #800000;\">PhraseCast<\/span><\/a> | <a href=\"https:\/\/businessenglishpod.com\/learningcenter\/Premium2008\/content18\/BEP356POD\/index.html\" target=\"_blank\" rel=\"noopener noreferrer\">Lesson Module<\/a><\/strong><\/p>\n<p><strong>Download: <a href=\"https:\/\/traffic.libsyn.com\/bizpod\/BEP356-Taxes2.mp3\" target=\"_blank\" rel=\"noopener noreferrer\">Podcast MP3<\/a><\/strong>[\/tp]<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Learn financial English terms for talking about taxes and company accounts.<\/p>\n","protected":false},"author":1,"featured_media":14626,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"site-sidebar-layout":"default","site-content-layout":"default","ast-site-content-layout":"","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","theme-transparent-header-meta":"default","adv-header-id-meta":"","stick-header-meta":"default","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"default","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center 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