The Essential Tax Podcast with Mishkin Santa, Episode 26

In this episode of The Essential Tax Podcast, Mishkin Santa with Dirk Prato & Paolo Pagani, tax professionals from HAGER & PARTNERS, an independent consultancy firm for national and international tax and company law, corporate finance and auditing based in Milan, Bolzano and Rome.

Tune in for these key takeaways:

 * Italian tax residency rules, including conditions for qualifying as a resident and how to break tax residency when moving away from Italy

 * Italy's inheritance tax, its rates, and the benefits arising from the flat tax regime for high-net-worth individuals relocating to Italy

 * The practical implications of Italy's strict KYC rules for clients and financial institutions, elucidating the thorough process required for compliance

 * Various other tax regimes available in Italy, such as the special pension and impatriate regimes

 * Advice for those navigating international tax obligations

Learn more about Dirk Prato & Paolo Pagani:

 * Connect with Paolo on LinkedIn: https://www.linkedin.com/in/paolo-pagani-70071120 * Connect with Dirk on LinkedIn: https://www.linkedin.com/in/dirk-prato-0b873a5

 * Follow Hager & Partners on LinkedIn: https://www.linkedin.com/company/hager-&-partners

 * Nexia International Network: https://nexia.com

 * Hager & Partners: https://www.hager-partners.it/en

 * Dirk Prato: https://www.hager-partners.it/en/our-advisers/dirk-prato

 * Paolo Pagani: https://www.hager-partners.it/en/our-advisers/paolo-pagani

 * US-Italy Tax Treaty: https://www.irs.gov/businesses/international-businesses/italy-tax-treaty-documents

 * FATCA Podcast: https://podcasts.apple.com/us/podcast/2024-update-on-fatca-irs-matching-campaign-of-forms/id1754660944?i=1000673870629

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About The Essential Tax Podcast:

In each episode of The Essential Tax Podcast, Mishkin Santa takes on the complex world of tax — all the jargon, acronyms, and stuff that make your eyes glaze over, and explains it in an impactful way to understand the complex and unknown areas.

Watch or listen to more episodes of The Essential Tax Podcast:

 * https://www.youtube.com/@TheWolfGroupPC

 * Apple: https://podcasts.apple.com/us/podcast/the-essential-tax-podcast/id1754660944

 * Spotify: https://open.spotify.com/show/2beZfOpwfBlBgWHlNelAOf

Connect and learn more from your host, Mishkin Santa:

 * Connect with Mishkin on LinkedIn: https://www.linkedin.com/in/msanta

 * Follow The Wolf Group, P.C. on LinkedIn: https://www.linkedin.com/company/the-wolf-group-pc

 * Read Mishkin’s bio on Wolf Group, P.C.’s website: https://thewolfgroup.com/our-people/mishkin-santa

The Essential Tax Podcast with Mishkin Santa, Episode 25

In this episode of The Essential Tax Podcast, Mishkin Santa speaks with Amy Vetter, CPA, CGMA, RYT500, CSP, and CEO of The B³ Method Institute. Amy is a transformative leader blending business expertise with mindfulness. As an author and podcast host with extensive experience, she empowers professionals across industries to achieve work-life harmony and purpose-driven success.

Tune in for these key takeaways:

* The importance of balancing mental and physical health, especially in the high-pressure accounting and tax industries

* The B3 Method—business plus balance equals bliss— the foundation of her work. Amy offers insights on how she integrates yoga and meditation into her professional life, coaching others to do the same.

* Common challenges faced by tax professionals, especially during the intense tax season, including personal anecdotes from Mishkin’s early days at the IRS and his own struggles with staying balanced, demonstrating the reality many professionals face daily

* How distractions and remote work intricacies, like constant interruptions from messaging platforms, can lead to what he calls "busy brain"

* Practical strategies for overcoming distractions, with a stress on the importance of setting boundaries and creating focus periods during the day to combat interruptions

* The crucial role physical health and regular physical activity plays in maintaining overall well-being

* The tax profession is not immune to change. Mishkin addresses The myriad changes on the horizon in the tax profession, from legislative shifts to the evolving IRS landscape

Learn more about Amy Vetter:

* Connect with Amy on LinkedIn: https://www.linkedin.com/in/amyvettercpa

* Visit Amy’s YouTube channel: https://www.youtube.com/@amyvettercpa

* Visit Amy’s website: https://www.amyvetter.com

* Follow Amy on Facebook: https://www.facebook.com/AmyVetterCPA

* Follow Amy on X: https://x.com/AmyVetterCPA

* Follow Amy on Instagram: https://www.instagram.com/amyvettercpa

* Follow Amy on TikTok: https://www.tiktok.com/@amyvettercpa

* Listen to Amy’s podcast, Breaking Beliefs, on Apple: https://podcasts.apple.com/us/podcast/breaking-beliefs/id1479885723

* Listen to Amy’s podcast on Spotify: https://open.spotify.com/show/0HXKfgMeNNmYFPcwxUiDLq

* Watch Amy’s podcast on YouTube: https://www.youtube.com/playlist?list=PLH6w3jKF_jDIzBsV9Q9ktkPQCR6qSKWci

* Check out Amy’s book, “Disconnect to Connect: Tap Into the Power Within You to Create the Life You Desire,” “Business, Balance & Bliss: How the B3 Method® Transforms Your Career and Life,” and “Integrative Advisory Services: Expanding Your Accounting Services Beyond the Cloud:” https://www.amyvetter.com/books1

* Sign up for Amy’s 90-day course, Creating Improved Health,

Mind & Overall Wellness: https://www.businessbalancebliss.com/courses/90-day-creating-improved-health-mind-overall-wellness

* Join the waitlist for Amy’s course, 30-Day Work-Life Harmony & Finding Balance: https://maven.com/theb3methodinstitute/work-life-harmony-30-day

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About The Essential Tax Podcast:

In each episode of The Essential Tax Podcast, Mishkin Santa takes on the complex world of tax — all the jargon, acronyms, and stuff that make your eyes glaze over, and explains it in an impactful way to understand the complex and unknown areas.

Watch or listen to more episodes of The Essential Tax Podcast:

* https://www.youtube.com/@TheWolfGroupPC

* Apple: https://podcasts.apple.com/us/podcast/the-essential-tax-podcast/id1754660944

* Spotify: https://open.spotify.com/show/2beZfOpwfBlBgWHlNelAOf

Connect and learn more from your host, Mishkin Santa:

* Connect with Mishkin on LinkedIn: https://www.linkedin.com/in/msanta

* Follow The Wolf Group, P.C. on LinkedIn: https://www.linkedin.com/company/the-wolf-group-pc

* Read Mishkin’s bio on Wolf Group, P.C.’s website: https://thewolfgroup.com/our-people/mishkin-santa

The Essential Tax Podcast with Mishkin Santa, Episode 24

In this episode of The Essential Tax Podcast, Mishkin Santa with Jason Kadow, Regional Managing Partner and Director of M & A at KMA, a full-service business accounting and financial services firm, dedicated to providing management consulting, real time solutions, accurate and timely financial data, innovative ideas and proactively providing tax advice and compliance services to small businesses.

Tune in for these key takeaways:

 * The significance of private equity in the CPA industry, explaining how it sparks passionate discussions at tax conferences and stressing the due diligence and integration processes

Learn more about Jason Kadow:

 * Connect with Jason on LinkedIn:https://www.linkedin.com/in/jason-kadow-14b87110

* Visit MKA’s website:https://kmaadvisors.com

 * Email:[email protected]

***********************************

About The Essential Tax Podcast:

In each episode of The Essential Tax Podcast, Mishkin Santa takes on the complex world of tax — all the jargon, acronyms, and stuff that make your eyes glaze over, and explains it in an impactful way to understand the complex and unknown areas.

Watch or listen to more episodes of The Essential Tax Podcast:

 *https://www.youtube.com/@TheWolfGroupPC

 * Apple:https://podcasts.apple.com/us/podcast/the-essential-tax-podcast/id1754660944

 * Spotify:https://open.spotify.com/show/2beZfOpwfBlBgWHlNelAOf

Connect and learn more from your host, Mishkin Santa:

 * Connect with Mishkin on LinkedIn:https://www.linkedin.com/in/msanta

 * Follow The Wolf Group, P.C. on LinkedIn:https://www.linkedin.com/company/the-wolf-group-pc

 * Read Mishkin’s bio on Wolf Group, P.C.’s website:https://thewolfgroup.com/our-people/mishkin-santa

The Essential Tax Podcast with Mishkin Santa, Episode 23

In this episode of The Essential Tax Podcast, Mishkin Santa with Lisa Sparagna, whose journey into mindfulness and meditation spans nearly two decades. Lisa's mission is simple yet profound: to create a nurturing space where each person can reconnect with their own inner wisdom, finding peace and clarity in today's busy world.

Tune in for these key takeaways:

 * The physical and mental health challenges associated with tax season, including the stress on both clients and tax professionals

* Lisa’s journey in mindfulness and meditation, emphasizing the importance of mental and physical well-being

 * Practical tips on hydration, nutrition, sleep hygiene, and mindfulness practices to manage stress effectively

* The importance of creating daily rituals, including end-of-day shutdowns and mindfulness exercises, to maintain a healthy work-life balance.

Learn more about Lisa Sparagna:

 * Connect with Lisa on LinkedIn: https://www.linkedin.com/in/lisasparagna

 * Visit Lisa’s website: https://www.lisasparagna.com

 * Visit Lisa’s YouTube channel: https://www.youtube.com/@lisasparagna7335

 * Join Lisa in Ireland for Celtic Calm: Yoga and Meditation in the Irish Countryside: https://truenaturetravels.com/retreats/ireland-lisa-lana-2025/?fbclid=PAZXh0bgNhZW0CMTEAAab3OOPQ3CvVDSqSdgE3dKp-VFRj5J65n-reXsYSNAHUfJTbd2gdB5h7Hdw_aem_vGQT7_R99lUJ8Ib-D3H8uw

 * Join Lisa on Monday nights for guided meditations: https://www.lisasparagna.com/classes-and-workshops?fbclid=PAZXh0bgNhZW0CMTEAAaYjq9lQoGyJAPjDqRiNl4WDzDD4XwtiUj6Zea8xtsC1ac2jXBgNsAYeN4k_aem_XuqXQbTGQzTK5tkyqyLTiw

Further resources:

 * Mental and Physical Health: 

**https://www.urmc.rochester.edu/behavioral-health-partners/bhp-blog/april-2018/5-4-3-2-1-coping-technique-for-anxiety.aspx

**https://hr.umich.edu/benefits-wellness/health-well-being/mhealthy/faculty-staff-well-being/physical-activity/time-move

 * Sleep Schedule: https://www.sleepfoundation.org/sleep-hygiene/how-to-reset-your-sleep-routine

 * Practicing Mindfulness: https://www.mayoclinic.org/healthy-lifestyle/consumer-health/in-depth/mindfulness-exercises/art-20046356

 * Closing down for the day: https://getlyric.com/strategies-for-the-end-day-office-shutdown-ritual

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About The Essential Tax Podcast:

In each episode of The Essential Tax Podcast, Mishkin Santa takes on the complex world of tax — all the jargon, acronyms, and stuff that make your eyes glaze over, and explains it in an impactful way to understand the complex and unknown areas.

Watch or listen to more episodes of The Essential Tax Podcast:

 * https://www.youtube.com/@TheWolfGroupPC

 * Apple: https://podcasts.apple.com/us/podcast/the-essential-tax-podcast/id1754660944

 * Spotify: https://open.spotify.com/show/2beZfOpwfBlBgWHlNelAOf

Connect and learn more from your host, Mishkin Santa:

 * Connect with Mishkin on LinkedIn: https://www.linkedin.com/in/msanta

 * Follow The Wolf Group, P.C. on LinkedIn: https://www.linkedin.com/company/the-wolf-group-pc

 * Read Mishkin’s bio on Wolf Group, P.C.’s website: https://thewolfgroup.com/our-people/mishkin-santa

The Essential Tax Podcast with Mishkin Santa, Episode 22

In this episode of The Essential Tax Podcast, Mishkin Santa with Dean Sonderegger, Senior Vice President and General Manager, Canada and Research & Learning of Wolters Kluwer Tax and Accounting North America.

Tune in for these key takeaways:

Learn more about Dean Sonderegger:

 * Visit the Tax and Accounting page on Wolters Kluwer’s website: https://www.wolterskluwer.com/en/tax-and-accounting

 * View Dean’s profile on Wolters Kluwer’s website: https://www.wolterskluwer.com/en/experts/dean-sonderegger

 * Connect with Dean on LinkedIn: https://www.linkedin.com/in/deansonderegger

 * Follow Wolters Kluwer on LinkedIn: ​​https://www.linkedin.com/company/wolterskluwertaaus

 * Visit Wolters Kluwer’s YouTube Channel: https://www.youtube.com/WoltersKluwerTAAUS

 * Follow Wolters Kluwer on Facebook: https://www.facebook.com/wolterskluwer

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About The Essential Tax Podcast:

In each episode of The Essential Tax Podcast, Mishkin Santa takes on the complex world of tax — all the jargon, acronyms, and stuff that make your eyes glaze over, and explains it in an impactful way to understand the complex and unknown areas.

Watch or listen to more episodes of The Essential Tax Podcast:

 * https://www.youtube.com/@TheWolfGroupPC

 * Apple: https://podcasts.apple.com/us/podcast/the-essential-tax-podcast/id1754660944

 * Spotify: https://open.spotify.com/show/2beZfOpwfBlBgWHlNelAOf

Connect and learn more from your host, Mishkin Santa:

 * Connect with Mishkin on LinkedIn: https://www.linkedin.com/in/msanta

 * Follow The Wolf Group, P.C. on LinkedIn: https://www.linkedin.com/company/the-wolf-group-pc

 * Read Mishkin’s bio on Wolf Group, P.C.’s website: https://thewolfgroup.com/our-people/mishkin-santa

The Essential Tax Podcast with Mishkin Santa, Episode 21

In this episode of The Essential Tax Podcast, Mishkin Santa features Russell Sullivan, a tax expert, attorney, and shareholder at Brownstein Hyatt Farber Schreck. He is also Chair of Brownstein’s National Tax Policy Group.

Tune in for these key takeaways:

Learn more about Russ Sullivan:

 * Read Russell’s profile on Brownstein’s National Tax Policy Group’s website:  https://www.bhfs.com/people/attorneys/p-s/russell-sullivan

 * Connect with Russell on LinkedIn: https://www.linkedin.com/in/russ-sullivan

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About The Essential Tax Podcast:

In each episode of The Essential Tax Podcast, Mishkin Santa takes on the complex world of tax — all the jargon, acronyms, and stuff that make your eyes glaze over, and explains it in an impactful way to understand the complex and unknown areas.

Watch or listen to more episodes of The Essential Tax Podcast:

 * https://www.youtube.com/@TheWolfGroupPC

 * Apple: https://podcasts.apple.com/us/podcast/the-essential-tax-podcast/id1754660944

 * Spotify: https://open.spotify.com/show/2beZfOpwfBlBgWHlNelAOf

Connect and learn more from your host, Mishkin Santa:

 * Connect with Mishkin on LinkedIn: https://www.linkedin.com/in/msanta

 * Follow The Wolf Group, P.C. on LinkedIn: https://www.linkedin.com/company/the-wolf-group-pc

 * Read Mishkin’s bio on Wolf Group, P.C.’s website: https://thewolfgroup.com/our-people/mishkin-santa

The Essential Tax Podcast with Mishkin Santa, Episode 20

In this episode of The Essential Tax Podcast, Mishkin Santa discusses international tax topics involving Canada, Germany, France, Israel, and more! 

Tune in for these key takeaways:

Further Resources:

 * Canada: https://www.canada.ca/en/taxpayers-ombudsperson/programs/reports-publications/annual-reports/annual-report-2023-2024.html

 * Scotland: https://www.gov.scot/publications/scottish-income-tax-2025-2026-factsheet/pages/2

 * UAE: https://www.thenationalnews.com/business/economy/2024/12/09/uae-to-introduce-new-15-tax-on-large-multinational-companies

 * United Kingdom: https://www.nao.org.uk/wp-content/uploads/2024/11/hm-revenue-customs-overview-2023-24.pdf

 * Community Associations Case (FinCEN BOI): https://law.justia.com/cases/federal/district-courts/virginia/vaedce/1:2024cv01597/559803/40

 * Texas Top Cop Shop Case (FinCEN BOI): https://law.justia.com/cases/federal/district-courts/texas/txedce/4:2024cv00478/230466/30

 * FinCEN BOI Alerts: https://www.fincen.gov/boi

 * Paul Bruyea Case (NIIT): https://law.justia.com/cases/federal/district-courts/federal-claims/cofce/1:2023cv00766/47666/31

 * Revenue Ruling 2023-14 (Staking): https://www.irs.gov/pub/irs-irbs/irb23-33.pdf

 * TIGTA 2023 Report on DAIO: https://www.tigta.gov/sites/default/files/reports/2023-12/2024ier005fr.pdf

 * Digital Asset Initiative: https://www.irs.gov/newsroom/irs-adds-two-key-experts-to-focus-on-cryptocurrency-other-digital-assets

 * FOIA Lawsuit on Puerto Rico Act 22 Citation: Center for Popular Democracy v. IRS; No. 1:24-cv-0292 

 * US Exit Tax Expatriate List: https://public-inspection.federalregister.gov/2024-25123.pdf

 * IRS Notice 2024-78 (FATCA Relief): https://www.irs.gov/pub/irs-drop/n-24-78.pdf

 * Schwarzbaum Case: https://casetext.com/case/united-states-v-schwarzbaum-13

 * Saydam Case: https://casetext.com/case/united-states-v-saydam

 * Jenner Case: https://casetext.com/case/jenner-v-commr-of-internal-revenue-2

 * Adams Case: https://law.justia.com/cases/federal/appellate-courts/cadc/23-1063/23-1063-2024-12-06.html

 * Zhang Case: https://dockets.justia.com/docket/california/candce/5:2024cv08210/439751

 * IRC 6751: https://www.law.cornell.edu/uscode/text/26/6751

 * Mukhi II (5471 Penalty Case): https://www.casemine.com/judgement/us/6742abd0395a1d617fc847fd

 * Safdieh (5471 Penalty Case): https://casetext.com/case/safdieh-v-commr-of-internal-revenue

 * Beyonce Tax Case: https://casetext.com/case/knowles-carter-v-commr-of-internal-revenue

 * TIGTA Report on PPS Fraud: https://www.tigta.gov/sites/default/files/reports/2024-10/2025ier001fr.pdf

 * IRS Inflation Adjustments (Rev. Proc. 2024-40): https://www.irs.gov/pub/irs-drop/rp-24-40.pdf

 * IRS Pass-Through Compliance Unit: https://www.irs.gov/newsroom/irs-announces-launch-of-pass-through-compliance-unit-in-lbi-new-group-brings-together-teams-of-specialists-from-across-the-agency-to-tackle-large-or-complex-exams

 * TIGTA Report on Form 5329: https://www.tigta.gov/reports/audit/millions-taxpayers-took-early-retirement-distributions-some-did-not-pay-additional

 * Treas. Reg. 301.6651-1(g) (SFR Penalties): https://www.law.cornell.edu/cfr/text/26/301.6651-1

IRS 2024 1099-K Reporting Announcement: https://www.irs.gov/newsroom/irs-provides-transition-relief-for-third-party-settlement-organizations-form-1099-k-threshold-is-5000-for-calendar-year-2024

 * IRS Notice 2024-85: https://www.irs.gov/pub/irs-drop/n-24-85.pdf

 * Taxpayer Advocate Zip Code: https://www.irs.gov/pub/foia/ig/tas/tas-13-1124-0006.pdf

 * FinCEN Storm Victim:

 *  * https://www.fincen.gov/sites/default/files/shared/FBAR-Notice-Hurricane-Helene-508.pdf

 *  * https://www.fincen.gov/sites/default/files/shared/FBAR-Notice-Hurricane-Milton-FINAL508.pdf

 *  * https://www.fincen.gov/sites/default/files/shared/FBAR-Notice-Hurricane-Debby-508.pdf

 *  * https://www.fincen.gov/sites/default/files/shared/FBAR-Notice-Hurricane-Beryl-508.pdf

 *  * https://www.fincen.gov/sites/default/files/shared/FBAR-Notice-Hurricane-Francine-508.pdf

 * State of New York Matter of Vora Case: https://www.dta.ny.gov/pdf/determinations/830987.det.pdf

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About The Essential Tax Podcast:

In each episode of The Essential Tax Podcast, Mishkin Santa takes on the complex world of tax — all the jargon, acronyms, and stuff that make your eyes glaze over, and explains it in an impactful way to understand the complex and unknown areas.

Connect with Mishkin on LinkedIn: https://www.linkedin.com/in/msanta

The Essential Tax Podcast with Mishkin Santa, Episode 19

In this episode of The Essential Tax Podcast, Mishkin Santa speaks with Randy Johnston, Executive Vice President of K2 Enterprises. Randy teaches technology and acts as consult to technology companies supporting the accounting industry. 

Tune in for these key takeaways:

Learn more about Randy Johnston:

* Connect with Randy on LinkedIn: https://www.linkedin.com/in/rpjohnston

* Visit K2 Enterprises’ website: https://www.k2e.com

* Visit K2 Enterprises’ YouTube channel: https://www.youtube.com/k2enterprises

* Follow K2 Enterprises on Facebook: https://www.facebook.com/K2Enterprises

* Follow Randy on X: https://x.com/RPJohnston

* Check out Randy’s podcast, “The Accounting Technology Lab” 

 * * on Spotify: https://open.spotify.com/show/6sGEHM3m2UzCdS1sfLzZ4g

 * * on Apple: https://podcasts.apple.com/us/podcast/the-accounting-technology-lab/id1723529167

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About The Essential Tax Podcast:

In each episode of The Essential Tax Podcast, Mishkin Santa takes on the complex world of tax — all the jargon, acronyms, and stuff that make your eyes glaze over, and explains it in an impactful way to understand the complex and unknown areas.

Watch or listen to more episodes of The Essential Tax Podcast:

 * https://www.youtube.com/@TheWolfGroupPC

 * Apple: https://podcasts.apple.com/us/podcast/the-essential-tax-podcast/id1754660944

 * Spotify: https://open.spotify.com/show/2beZfOpwfBlBgWHlNelAOf

Connect and learn more from your host, Mishkin Santa:

 * Connect with Mishkin on LinkedIn: https://www.linkedin.com/in/msanta

 * Follow The Wolf Group, P.C. on LinkedIn: https://www.linkedin.com/company/the-wolf-group-pc

 * Read Mishkin’s bio on Wolf Group, P.C.’s website: https://thewolfgroup.com/our-people/mishkin-santa

The Essential Tax Podcast with Mishkin Santa, Episode 18

In this episode of The Essential Tax Podcast, Mishkin Santa speaks with Alexandra Britton-Davis, partner at Saffery. Alex advises high-net-worth individuals, trustees, and family offices on their UK tax affairs, estate and succession planning. In particular, she focuses on advising UK-resident non-domiciled individuals and clients with multi-jurisdictional personal or business interests.

Tune in for these key takeaways:

Learn more about Guest Name:

* Connect with Alexandra on LinkedIn: https://www.linkedin.com/in/alexandra-britton-davis

* Read Alexandra’s bio on Saffery’s website: https://www.saffery.com/our-people/alexandra-britton-davis

* Follow Saffrey on LinkedIn: https://www.linkedin.com/company/saffery/mycompany

Further resources:

 * Previous Podcast with Andrea Solana: https://podcasts.apple.com/us/podcast/united-kingdom-tax-law-changes-potential-impact-on/id1754660944?i=1000667168765

 * Saffrey Article on the UK Non-Dom Tax Changes: https://www.saffery.com/insights/articles/non-dom-tax-changes-the-fig-regime-cgt-and-income-tax

 * Saffrey Article on the UK Inheritance Tax Changes: https://www.saffery.com/insights/articles/inheritance-tax-reforms-for-uk-non-doms

 * Saffrey Article on the UK Taxation of Offshore Trust Tax Changes: https://www.saffery.com/insights/articles/taxation-of-offshore-trusts

 * Saffrey Article on the Statutory Residency Test in the UK: https://www.saffery.com/insights/publications/statutory-residence-test

 * Nexia International Network: https://nexia.com

***********************************

About The Essential Tax Podcast:

In each episode of The Essential Tax Podcast, Mishkin Santa takes on the complex world of tax — all the jargon, acronyms, and stuff that make your eyes glaze over, and explains it in an impactful way to understand the complex and unknown areas.

Watch or listen to more episodes of The Essential Tax Podcast:

 * https://www.youtube.com/@TheWolfGroupPC

 * Apple: https://podcasts.apple.com/us/podcast/the-essential-tax-podcast/id1754660944

 * Spotify: https://open.spotify.com/show/2beZfOpwfBlBgWHlNelAOf

Connect and learn more from your host, Mishkin Santa:

 * Connect with Mishkin on LinkedIn: https://www.linkedin.com/in/msanta

 * Follow The Wolf Group, P.C. on LinkedIn: https://www.linkedin.com/company/the-wolf-group-pc

 * Read Mishkin’s bio on Wolf Group, P.C.’s website: https://thewolfgroup.com/our-people/mishkin-santa

The Essential Tax Podcast with Mishkin Santa, Episode 17

In this episode of The Essential Tax Podcast, Mishkin Santa talks about tax updates re: digital assets, FBAR litigation, some IRS news, a brand new 2025 US Social Security agreement, state tax updates from California, Maryland, Massachusetts, New York, plus international tax updates re: Brazil, Australia, Romania & France!

Tune to to hear about:

 * Notable tax updates from various countries including Australia, Brazil, France, Spain, and Switzerland

 * Australia's new treasury law amendment affecting withholding tax on real property 

 * Brazil's inheritance tax reform and new amnesty program

 * France's proposed windfall profit tax to address a $20 billion deficit

 * Updates on digital assets, IRS news, and FBAR litigation

 * State-specific tax updates for California, D.C., Maryland, Massachusetts, and New York

 * The U.S.-Romania social security agreement expected in 2025

Listen to a recent episode of The Essential Tax Podcast with guest Delphine Parigi (US-France) for related information:

https://podcasts.apple.com/us/podcast/2024-us-france-cross-border-tax-planning-update-with/id1754660944?i=1000675682853

Further resources:

 * US-Romania Totalization Agreement: https://www.whitehouse.gov/briefing-room/presidential-actions/2024/09/12/letter-to-the-speaker-of-the-house-and-president-of-the-senate-on-the-social-security-totalization-agreement-with-romania

 * Mirabaud Fine: https://www.finma.ch/en/news/2024/09/20240917-mm-mirabaud

 * El Mundo Letter (Shakira): https://www.elmundo.es/papel/firmas/2024/09/03/66d6fcc821efa0e74a8b459d.html

 * New York S. 9907 Deduction for Cash Tips: https://www.nysenate.gov/legislation/bills/2023/S9907

 * New York Appeals Case, In the Matter of Bryant: https://www.dta.ny.gov/pdf/determinations/830818.det.pdf

 * 2024 State of Massachusetts Amnesty Program: https://www.mass.gov/info-details/massachusetts-tax-amnesty-2024

 * Kenneth E. Cosgrove v. Comptroller of Maryland: https://www.courts.state.md.us/data/opinions/cosa/2024/1030s23.pdf

 * IRS Appeals Group Mailbox: https://www.irs.gov/newsroom/independent-office-of-appeals-secure-messaging-program-office-launches-corporate-group-mailbox-pilot-for-large-business-taxpayers-with-multiple-representatives

 * GAO Report on IRS Data Warehouse Security: https://www.gao.gov/products/gao-23-105395

 * GAO Report on IRS Modernization Efforts:  https://www.gao.gov/products/gao-24-106566

 * GAO Report on IRS Information Returns: https://www.gao.gov/products/gao-24-107028

 * Fowler v. Comm'r, 155 T.C. No. 7 (U.S.T.C. Sep. 9, 2020): https://casetext.com/case/fowler-v-commr-14

 * IRS Crowdfunding Fact Sheet: https://www.irs.gov/newsroom/irs-reminds-taxpayers-of-important-tax-guidelines-involving-contributions-and-distributions-from-online-crowdfunding

 * IRS Announcement of High Income, High Net Worth Audits: https://www.irs.gov/newsroom/us-department-of-the-treasury-irs-announce-1-point-3-billion-recovered-from-high-income-high-wealth-individuals-under-inflation-reduction-act-initiatives

 * BFM TV Interview with Bank of France Governor: https://www.bfmtv.com/replay-emissions/l-interview/face-a-face-francois-villeroy-de-galhau-18-09_VN-202409180307.html

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Watch or listen to more episodes of The Essential Tax Podcast:

 * https://www.youtube.com/@TheWolfGroupPC

 * Apple: https://podcasts.apple.com/us/podcast/the-essential-tax-podcast/id1754660944

 * Spotify: https://open.spotify.com/show/2beZfOpwfBlBgWHlNelAOf

Connect and learn more from your host, Mishkin Santa:

 * Connect with Mishkin on LinkedIn: https://www.linkedin.com/in/msanta

 * Follow The Wolf Group, P.C. on LinkedIn: https://www.linkedin.com/company/the-wolf-group-pc

 * Read Mishkin’s bio on Wolf Group, P.C.’s website: https://thewolfgroup.com/our-people/mishkin-santa