July 29, 2013

Federal Tax Update Podcast

With E. Lynn Nichols, CPA

• Download podcast
• Download citations

This week's podcast includes:

• Exemptions From Inclusion in Bankruptcy Estate Disallowed for Bad Faith
• Minister Not Entitled to Parsonage Allowance Exclusion
• Individual Who Supported Minor Denied Child Tax Credit and EITC
• Couple Denied Deductions for “Business” Expenses, Penalties Assessed
• IRS Releases Publication on Return Disclosure
• Deferral of Advance Payments Under Gift Card Arrangements Clarified
• Bad Debt Deduction Denied for Transfers to Family-Owned Business; Penalties Upheld