Current Federal Tax Developments
Business
This week we look at:
Insurers updating their advice on BOI engagements
SALT cap 2023 increase bill fails on a procedural vote in the House
Jury finds taxpayer did not willfully fail to file FBAR reports
IRS takes position third party payors liable for ERC refund repayment in addition to common law employers
IRS sending out CP271 “soft letters” to those with open ERC refund claims
S corporation has a failure of 9 trusts receiving shares from decedent
Taxpayer unsuccessfully argues she only should pay taxes on social security actually received
An audio only version of this week’s broadcast can be streamed or downloaded below:
This week’s slides and citations can be downloaded as a PDF below:
2024-02-19 Current Federal Tax Developments
2022-10-03 Beneficial Owner Reporting Requirement Coming in 2024
2022-09-26 IRS News Releases Emphasizing Recent Guidance
2022-09-18 New PPP Loan Tax Guidance Appears
2022-09-11 Proposed EARN Act
2022-09-06 AICPA Action Week
2022-08-29 IRS Releases Penalty Relief
2022-08-22 First IRA 2022 Guidance Released
2022-08-15 Highlights of the Inflation Reduction Act of 2022
2022-08-08 Revised Virtual Asset Question for 2022 Form 1040
2022-08-01 IRA of 2022 - Will It Pass and What Is In It?
2022-07-25 You Can't Rely on Your Accountant Spouse
2022-07-18 Lack of a 1099 and Reasonable Cause
2022-07-11 IRS Liberalizes Late Portability Election Relief
2022-07-05 TAS Starts Accepting Referrals from Congress
2022-06-27 IRS Falling Further Behind Dealing with Paper
2022-06-18 Innocent Spouse Does Not Work for Payroll Tax Issues
2022-06-13 Car Mileage Rate Increases
Create your
podcast in
minutes
It is Free
The emPOWERed Half Hour
NABOR® TALKS
U.S Property Podcast
Aligned Money Show
The Ramsey Show
Planet Money