https://vimeo.com/704968373

https://www.currentfederaltaxdevelopments.com/podcasts/2022/5/1/2022-05-02-a-problem-with-management-fees

 

This week we look at:

Special rules under IRC §104 for military disability and retirement income

Expenses claimed as management fees treated as distributions to owners

Proposed regulations to limit use of certain techniques for use of anti-clawback rules

It’s going to be a longer than expected wait to file K-2/K-3 for S corporations via MeF

https://vimeo.com/702388966

https://www.currentfederaltaxdevelopments.com/podcasts/2022/4/23/2022-04-25-taxing-times-for-retired-airline-pilot

 

This week we look at:

Tax rules for no-additional cost services

SCOTUS refuses to hear challenge to SALT cap

IRS finally grants election/accounting method relief for retroactive 2019 changes

Rules for a real estate professional

IRS expands on Schedules K-2 and K-3 FAQs on April 11

https://vimeo.com/695471864

https://www.currentfederaltaxdevelopments.com/podcasts/2022/4/3/2022-04-04-secure-act-second-version-passes-house

 

This week we look at:

IRS Suspends Mailing More Notices - This Time Related to Exempt Organizations

Tax Court Affirms IRS Denial of Interest Abatement

Securing a Strong Retirement Act Passes House Overwhelmingly

Above the Line Classroom Teacher’s Deductions Increases to $300 in 2022

https://vimeo.com/692900746

https://www.currentfederaltaxdevelopments.com/podcasts/2022/3/27/2022-03-28-crowdfunding-tax-fact-sheet

 

This week we look at:

IRS releases SIFL rates for first half of 2022

IRS discussion of taxation of crowdfunding in light of new Form 1099-K rules

Ninth Circuit affirms that legal settlement is taxable

No de minimis relief for issue with erroneous information returns

https://vimeo.com/690303898

https://www.currentfederaltaxdevelopments.com/podcasts/2022/3/20/2022-03-21-limits-for-vehicle-depreciation-for-2022

 

This week we look at:

IRS releases revised depreciation limits for 2022 for autos under IRC §280F

Lawmakers send yet another letter to the IRS regarding stopping the sending of notices

Farmer/fisherman estimated tax payment relief formalized in an IRS Notice

https://vimeo.com/687719025

https://www.currentfederaltaxdevelopments.com/podcasts/2022/3/13/2022-03-14-personal-vs-business-expenses

 

This week we look at:

Department of Labor warns §401(k) plan administrators regarding offer digital asset investment options

No deduction allowed to corporation for paying tuition for training program for boyfriend of 100% shareholders’ daughter

IRS announces program to deal with the backlog of returns and correspondence

In the latest edition of FICPA CEO Conversations, Shelly Weir sits down our Director of Governmental Affairs, Justin Thames, and the President of Liberty Partners of Tallahassee, Jennifer Green, to recap the 2022 Florida Legislative Session.

Justin and Jennifer have been hard at work these last 60 days, representing the interests of Florida's CPAs and advocating on behalf of the profession. As the 2022 Session comes to a close, this edition of CEO Conversations highlights the issues the FICPA has been engaged in on your behalf.

In our latest edition of CEO Conversations, FICPA President & CEO Shelly Weir sits down with Florida's new Secretary of the Department of Business and Professional Regulation, Melanie Griffin. They discuss Secretary Griffin's confirmation hearings, her key initiatives for the Department, and the specific ways the FICPA and DBPR can continue to work together to advance the CPA profession in Florida.

https://vimeo.com/685218170

https://www.currentfederaltaxdevelopments.com/podcasts/2022/3/6/2022-03-07-farmer-and-fisherman-tax-software-relief

 

This week we look at:

IRS looks to increase EA user fees by over 100%

Justice Department files motion to have staking case dismissed as moot

IRS to grant relief to certain farmers and fisherman impacted by inability of some tax software to file Form 7203 by March 1

https://vimeo.com/682635542

https://www.currentfederaltaxdevelopments.com/podcasts/2022/2/27/2022-02-28-at-least-one-couple-were-not-tax-people

 

This week we look at:

Proposed regulations on required minimum distributions

AICPA and state societies letter on delay for K-2 and K-3 filings

Data entry error did not provide reasonable cause for tax understatement