Current Federal Tax Developments

2025-02-10 New Administration Pushes Foward with the CTA

Listen Later

This week we look at:

  • IRS issues letter ruling on IRA left to trust
  • A taxpayer mistakenly believes the IRS had conceded that his income was not subject to self-employment tax, but it hadn’t
  • The Tax Court denies a taxpayer’s deductions and claimed partnership losses due to incredibly disorganized and inadequate records
  • Taxpayer runs afoul of the “pay first, litigate later” rule when attempting to sue the IRS for a refund in US District Court in response to an assessment
  • A taxpayer’s unprocessed claim for an ERTC refund doesn’t justify CDP relief
  • The BOI - new Administration continues litigation and proposes a new due date, potential filing relief

    • An audio only version of this week's broadcast can be downloaded or streamed from the link below.

    Article for this week’s developments are available as a PDF from the link below.

    2025-02-10 Currrent Federal Tax Developments

    ...more
    View all episodesView all episodes
    Download on the App Store
    Current Federal Tax DevelopmentsBy Edward Zollars, CPA
    • 4.7
    • 4.7
    • 4.7
    • 4.7
    • 4.7

    4.7

    68 ratings

    More shows like Current Federal Tax Developments

    View all
    Motley Fool Money by The Motley Fool

    Motley Fool Money

    3,201 Listeners

    Main Street Business by Mark J Kohler and Mat Sorensen

    Main Street Business

    589 Listeners

    PwC's accounting podcast by PwC

    PwC's accounting podcast

    179 Listeners

    Tax Smart Real Estate Investors Podcast by Hall CPA

    Tax Smart Real Estate Investors Podcast

    413 Listeners

    Talking Tax by Bloomberg Tax

    Talking Tax

    113 Listeners

    Tax Notes Talk by Tax Notes

    Tax Notes Talk

    88 Listeners

    The Accounting Podcast by Blake Oliver & David Leary

    The Accounting Podcast

    340 Listeners

    Small Business Tax Savings Podcast by Mike Jesowshek, CPA

    Small Business Tax Savings Podcast

    250 Listeners

    Bogleheads On Investing Podcast by bogleheads

    Bogleheads On Investing Podcast

    596 Listeners

    Tax Section Odyssey by AICPA & CIMA

    Tax Section Odyssey

    14 Listeners

    Retire With Style by Wade Pfau & Alex Murguia

    Retire With Style

    171 Listeners

    Spidell's Federal Tax Minute by Spidell

    Spidell's Federal Tax Minute

    7 Listeners

    The Great Retirement Debate with Ed Slott & Jeffrey Levine by The Great Retirement Debate with Ed Slott & Jeffrey Levine

    The Great Retirement Debate with Ed Slott & Jeffrey Levine

    140 Listeners

    Federal Tax Updates by Roger Harris, EA and Annie Schwab, CPA

    Federal Tax Updates

    29 Listeners

    Jason On Firms Podcast by Jason Staats

    Jason On Firms Podcast

    54 Listeners