Federal Tax Update Podcast

With E. Lynn Nichols, CPA

This week's podcast includes:

  • Temporary Regs Allow IRS to Designate Payments Eligible for Voluntary Withholding
  • Final Regs Raise User Fees for Installment Agreements, Offers in Compromise
  • Bonus Payment Under Oil and Gas Lease Is Ordinary Income
  • Inherited IRA Not Exempt From Bankruptcy Estate
  • Supreme Court Asked to Resolve Whether Inherited IRAs Are Exempt From Bankruptcy Estate
  • Valuation Misstatement Penalty Applies in Tax Shelter Case
  • Ninth Circuit Affirms Tax Crime Convictions
Direct download: Federal_Tax_Update_12_9_2013.mp3
Category:Federal Tax Update -- posted at: 1:33pm EDT

Federal Tax Update Podcast

With E. Lynn Nichols, CPA

This week's podcast includes:

  • Second Circuit Affirms Couple's Liability for Deficiency, Penalty
  • Value of Insurance Polices Included in Couple's Income; Penalty Upheld
  • Professional Employer Organization Not Entitled to FICA Tax Tip Credit
  • Individual Granted Extension to Elect Foreign Earned Income Exclusion
  • Compensatory Damages, Including Lost Wages, Are Excludable From Gross Income
  • Court Holds Ministers' Housing Allowance Exemption Is Unconstitutional
  • Individual Can't Deduct Health Insurance Payments Made to Former Wife
  • Final Regs on Net Investment Income Tax
  • Proposed Regs on Net Investment Income Tax
  • Proposed Regs Define Candidate-Related Political Activities for Social Welfare Groups
Direct download: Federal_Tax_Update_12_2_2013.mp3
Category:Federal Tax Update -- posted at: 10:03am EDT

Federal Tax Update Podcast

With E. Lynn Nichols, CPA

This week's podcast includes:

  • Correcting Deduction of Commissions Is Not Accounting Method Change
  • Publication for 403(b)Tax-Sheltered Annuity Plan Sponsors
  • Rental Property Repairs, Expenses Not-Currently-Deductible Startup Costs
  • Partnership's Deduction for Qualified Conservation Contribution Is Disallowed
  • New York Cigarette Dealer Must Capitalize Costs of Cigarette Tax Stamps
  • Corporation Not Entitled to Claim Accelerated Deductions
  • Grant Thornton Ordered to Pay $100 Million in Damages for Sale of Tax Shelter
Direct download: Federal_Tax_Update_11_25_2013.mp3
Category:Federal Tax Update -- posted at: 12:23pm EDT

Federal Tax Update Podcast

With E. Lynn Nichols, CPA

This week's podcast includes:

  • IRS, HHS, and Labor Publish Final Regs on Equity for Mental Health Treatment
  • Taxpayer Advocate Slams IRS Customer Service
  • Fifth Circuit Affirms Disallowance of Bad Debt Deduction
  • Couple Not Allowed to Present Assessment Limitations Period Defense
  • Final Regs Providing Hardship Relief to Retirement Plan Sponsors
  • Second Circuit Vacates Tax Court Decision That Held Foundation Wasn't Liable as a Transferee
  • Couple Denied Deductions for Business Expenses
Direct download: SS_AUDIO_11_18_2013.mp3
Category:Federal Tax Update -- posted at: 11:02pm EDT

Federal Tax Update Podcast

With E. Lynn Nichols, CPA

This week's podcast includes:

  • Contract Manufacturing Developments May Increase Coordination Among Parties
  • Proposed Bequest to Camp Would Constitute an 'Unusual Grant'
  • LB&I Issues Memorandum on IDR Enforcement Process
  • Bonuses Not Deductible Until Year of Payment
  • IRS Forcing All Applicants for Same-Day EINs to Apply Online
  • Officials Hope Taxpayers and Agents Will Be Reasonable Regarding Repair Regs' De Minimis Rule
  • IRS Announces Nationwide Availability of Fast-Track Settlement Program for Small Businesses, Self-Employed
  • Couple Denied Mortgage Interest Deduction for Interest Paid on Loan From Parent
Direct download: Federal_Tax_Update_11_12_2013.mp3
Category:Federal Tax Update -- posted at: 2:37pm EDT

Federal Tax Update Podcast

With E. Lynn Nichols, CPA

This week's podcast includes:

  • Up-Front Incentive Payments Are Currently Deductible
  • Reinsurance Company's Exempt Status Revoked
  • Termination of S Corp Election Inadvertent
  • Status of TIGTA's Recommended Actions for IRS's Exempt Organization Division
  • Portion of Employment Discrimination Settlement Is Excludable From Income
  • Prohibited Transaction Resulted in Taxable Deemed Distribution
  • Inflation-Adjusted Tables for 2014
  • 2014 PTIN Renewal Period Opened 10/31/2013
  • Updated FAQ on Net Investment Income Tax
Direct download: Federal_Tax_Update_11_4_2013.mp3
Category:Federal Tax Update -- posted at: 12:12pm EDT

Federal Tax Update Podcast

With E. Lynn Nichols, CPA

This week's podcast includes:

  • PTIN Statistics
  • Individual's Prison Sentence for Failure to Remit Payroll Taxes Affirmed
  • Siblings Are Liable for Capital Gain Taxes on Sale of Inherited Property
  • Consideration Paid for Assignment Agreement Is Ordinary Income to Seller
  • Record Label Activity Not for Profit, Couple Liable for Deficiency + Penalty
  • IRS Failed to Corroborate Information On Form 1099 R
  • Guidance on Determining Timeliness of CDP or Equivalent Hearing Requests
Direct download: Federal_Tax_Update_10_28_2013.mp3
Category:Federal Tax Update -- posted at: 3:21pm EDT

Federal Tax Update Podcast

With E. Lynn Nichols, CPA

This week's podcast includes:

  • Summary Judgment Denied in IRC Sec. 2035(b) Gift Valuation Issue
  • Custom Home Builder Subject to IRC Sec. 263A and Must File 3115 to Change
  • Supreme Court Grants Cert in Quality Stores
  • Bike-Share Program Is Not a Qualified Transportation Fringe
  • Individual's Claim of Tax Fraud Against Trustees Fails on Technical Grounds
Direct download: Federal_tax_update_10_07_2013.mp3
Category:Federal Tax Update -- posted at: 12:32pm EDT

Federal Tax Update Podcast

With E. Lynn Nichols, CPA

This week's podcast includes:

  • BB&T STARS Transaction Lacked Economic Substance; Penalties Apply
  • DOJ Announces $112 Million in Penalties in Abusive Tax Shelter Case
  • Guidance on Application of Windsor to Employment Taxes
  • Guarantors May Need to Document Net Worth
  • Parent Allowed to Claim Dependency Deductions, Credits, Head of Household Status
Direct download: Federal_Tax_Update_9_30_2013.mp3
Category:Federal Tax Update -- posted at: 12:37pm EDT

Federal Tax Update Podcast
With E. Lynn Nichols, CPA

This week's podcast includes:

  • Guidance on Dispositions of Tangible Depreciable Property
  • Guidance on Application of ACA Provisions to Healthcare Arrangements
  • Revised Rules for Spouses Requesting Equitable Relief From Tax Liability
  • IRS Enforcement Revenue and Employment Both Down Double Digits
  • TIGTA Recommends Improved Paid Preparer Penalty Assessment and Enforcement
Direct download: Federal_Tax_Update_9_23_2013.mp3
Category:Federal Tax Update -- posted at: 10:09am EDT



-->

Syndication

Categories

Archives

May 2013
S M T W T F S
     
      1 2 3 4
5 6 7 8 9 10 11
12 13 14 15 16 17 18
19 20 21 22 23 24 25
26 27 28 29 30 31