Federal Tax Update Podcast

This week we look at the following items:

• Accountant by day, goaltender by night in Chicago
• IRS publishes statistics on exams, collections, phone wait times and more
• IRS reminds and warns taxpayers about virtual currency issues
• IRS recommends taxpayers have a payroll checkup

Copyright 2018 Kaplan Inc.

This week we look at the following items:

• Congress passed bill to fix the grain glitch and passed partnership audit rule changes
• IRS warns of increasing attacks against tax professionals
• Series 8453 business forms must be signed manually
• Supreme Court rules on tax obstruction statute

Copyright 2018, Kaplan, Inc.

Current Federal Tax Developments for the week of March 19, 2018 - Love and the Tax Attorney. Current Federal Tax Developments is brought to you by the state CPA societies and Kaplan Professional Education.

This week we look at the following items:

• OVDP program to end on September 28, 2018
• Entire cost of having international firm prepare returns for employees sent overseas treated as wages
• Conundrum only a tax attorney could love - dealing with a sale case where the regulations don’t give guidance
• Guidance given on reporting and paying Section 965 transition tax

Copyright 2018 Kaplan Inc.

Current Federal Tax Developments for the week of March 12, 2018 - A Tale of Two Landlords.  Current Federal Tax Developments is brought to you by the state CPA societies and Kaplan Professional Education.

This week we look at the following items:

• Revised inflation adjusted numbers released for TCJA changes
• Male sterilization/contraception no-cost benefit not allowed in HDHP policies regardless of state law
• Roth IRA found not to actually own a foreign sales corporation
• Taxpayers’ reconstructed records and recollections not enough to prove real estate professional status
• Architect able to convince court he was a real estate professional with a single four-plex

Copyright 2018, Kaplan, Inc.

This week we look at the following items:

• Storage battery for solar system can qualify for credit - but with key conditions
• Two courts disagree on whether a gravel sale is or is not exempt from tax based on two treaties
• IRS issues promised guidance to attempt to block S corporation carried interest structure
• Revised online Form W-4 calculator and Form W-4 issued to deal with TCJA changes

Copyright 2017 Kaplan Inc.