Federal Tax Update Podcast
With E. Lynn Nichols, CPA
Download PodcastDownload CitationsThis week's podcast includes:
Taxpayer Not Securities Dealer Under Section 475Online Poker Accounts are “Foreign Bank Accounts” for FBAR InclusionTermination of S Corp Election InadvertentIRS Discusses Application of Reportable Transaction PenaltyFinal Circular 230 Regs Eliminate Covered Opinion RulesIndividual's Transaction Can't Be Treated as Like-Kind ExchangeIRS Revises Guidance for Practitioners Sanctioned Under Circular 230Stock Rights Aren't Considered Nonqualified Deferred Compensation PlansTax Court Allows Some Deductions but Upholds PenaltiesSupreme Court Holds Inherited IRA Not Exempt in BankruptcyAdditional Alimony Deduction Denied; Penalty May Apply