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The FICPA podcast is to inform and educate our members & the CPA community with today’s hottest issues. Our mission is to serve our members, enhance their competency & professionalism, support professional standards, promote the value of our members & advocate on behalf of the CPA Profession.
Episodes
Monday Nov 06, 2023
Federal Tax Update: Boyle Decision Applies to Electronic Filing
Monday Nov 06, 2023
Monday Nov 06, 2023
https://vimeo.com/879224264?share=copy
This week we look at
- Taxpayers can’t rely on paid preparer as reasonable cause for late filing, even when using electronic filing
- IRS could assert negligence penalty (and obtain supervisory approval) after failing to obtain approval for substantial underpayment penalty
- IRS makes “temporary” electronic signature program permanent by moving it into the Internal Revenue Manual
Version: 20241125