FICPA Podcasts

https://player.vimeo.com/video/319193828https://www.currentfederaltaxdevelopments.com/podcasts/2019/2/23/2019-02-25-co-op-real-estate-tax-issue

State found to illegally discriminate against federal law enforcement retirees due to tax break for state law enforcement retirees IRS decides expanded availability of meal delivery means fewer meals are truly for the convenience of the employer IRS acquiesces in case regarding meals for hockey teams Politico points out loophole that may exist for owners of co-op shares with regard to $10,000 tax limitations Looking at options beyond the safe harbor for rentals under §199A   Click to listen to the audio .

https://player.vimeo.com/video/317683120https://www.currentfederaltaxdevelopments.com/podcasts/2019/2/16/2019-02-18-forms-and-instructions-week

Fix for auto depreciation quirk added by TCJA released by IRS A subtrust qualified as a conduit trust for IRA distribution purposes AICPA asks for relief from the potential impact of syndicate rules on small business tax relief Form 1065 instructions add a requirement for certain partnerships to disclose negative tax basis Checkbox added for when basis calculation required with Form 1040 and situations where it is required expanded by IRS   Click to listen to the audio . Alternatively, you may download the

https://player.vimeo.com/video/316298679https://www.currentfederaltaxdevelopments.com/podcasts/2019/2/9/2019-02-11-tax-records-and-luggage

Situations where an employer can recover HSA funds from employee accounts IRS decides taxpayers can use Rev. Proc. 2018-60 even if currently using an impermissible method of accounting Taxpayer reasonably relied on CPA's advice and escapes penalties Airline passenger discovers he can't sue the TSA for his lost tax paperwork   Click to listen to the audio . Alternatively, you may download the file to your computer by right clicking your mouse, choosing "Save Target As", then selecting a location on your

https://player.vimeo.com/video/315012797https://www.currentfederaltaxdevelopments.com/podcasts/2019/2/2/2019-02-04-what-is-in-a-word

IRS delays end of faxing transcripts after Chair and ranking minority member of Senate Finance Committee send a joint letter requesting a delay Taxpayers could not avoid NOL carryforward election they claimed they were unaware of IRS publishes corrected version of §199A regulations, changes one word some see as potentially important Article discusses risks to marijuana businesses from electing small business inventory relief added by TCJA   Click to listen to the audio . Alternatively, you may download the

https://player.vimeo.com/video/313688639https://www.currentfederaltaxdevelopments.com/podcasts/2019/1/27/2019-01-28-irs-funding-restored-at-least-for-now

Reported IRS backlog of unanswered letters that arrived during the shutdown IRS publishes information on impact of shutdown on matters before the Tax Court W-2 wages Revenue Procedure made final at same time §199A final regulations come out More thoughts on the §199A final regulations   Click to listen to the audio . Alternatively, you may download the file to your computer by right clicking your mouse, choosing "Save Target As", then selecting a location on your computer to save the file. Click to watch

https://player.vimeo.com/video/312546054https://www.currentfederaltaxdevelopments.com/podcasts/2019/1/21/2019-01-21-199a-final-regulations-and-rental-safe-harbor

Key changes in the §199A Final Regulations New York State Publishes Its Wayfair Guidance, Demanding Immediate Compliance Trust Case Going to US Supreme Court Sequestration Does Not Apply to Minimum Tax Credit Proposed Safe Harbor for Rental as a Trade or Business Under §199A Final Regulations Are Out - §965 and, the Big One, §199A IRS Grants Limited Waiver of Underpayment Penalties   Click to listen to the audio . Alternatively, you may download the file to your computer by right clicking your mouse,

https://player.vimeo.com/video/310977655https://www.currentfederaltaxdevelopments.com/podcasts/2019/1/12/2019-01-14-syndicate-danger

IRS reopens IVES and user-fees based programs Advisers need to be sure to check syndicate rules to assure entity not subject to §163(j) rules Treat of Realtors revised in the second draft version of a portion of Publication 535 Filing season to start January 28, refunds are going to be issued Address to file gift tax returns has changed, estate tax return address to change in Jul   Click to listen to the audio . Alternatively, you may download the file to your computer by right clicking your mouse,

https://player.vimeo.com/video/309770333https://www.currentfederaltaxdevelopments.com/podcasts/2019/1/6/2019-01-07-all-quiet-on-the-tax-front

IRS Notice gives guidance to tax-exempt organizations on excess compensation tax Outgoing W&M Chairman publishes discussion paper on TCJA technical corrections §199A final regulations still sitting at OIRA   Click to listen to the audio . Alternatively, you may download the file to your computer by right clicking your mouse, choosing "Save Target As", then selecting a location on your computer to save the file. Click to watch the video . Alternatively, you may download the file to your computer by right

https://player.vimeo.com/video/308818936https://www.currentfederaltaxdevelopments.com/podcasts/2018/12/30/2018-12-31-lump-of-coal-for-real-estate-agents

Loan Adviser Found Not Liable to Repay in FINRA Treated as Ordinary Income from Debt Forgiveness IRS Raises Values Dramatically on Vehicles Eligible for Cents-Per-Mile and Fleet-Average Valuation Rules Safe Harbor Issued on Charitable Contribution Credits Related to a Trade or Business Revenue Procedure Issued to Deal with ADS Issues for Electing Farm and Real Property Businesses IRS Publication Indicates Real Estate Agents/Brokers and Insurance Agents/Brokers are in a Specified Service Trade or Business

https://player.vimeo.com/video/308005966https://www.currentfederaltaxdevelopments.com/podcasts/2018/12/23/2018-12-24-feeling-blue-book-over-the-holidays

Just prior to the one year anniversary of TCJA, we finally get a Joint Committee staff Blue Book.on the law Tax credits for purchases of Teslas are being phased-out during 2019 MFP payments found in IRS memorandum to be taxable income and part of self-employment income Auto mileage rates for 2019 issued by the IRS A management company that managed a marijuana dispensary was subject to the deduction disallowance rules of §280E A limited amount of additional information released by the IRS on excess loss and