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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 May 01, 2023
Federal Tax Update: Court Unimpressed by Claimed CRAT Magic
Monday May 01, 2023
Monday May 01, 2023
This week we look at:
- More CRAT problems - but this one the IRS had warned against using
- Change of protocol underlying cryptocurrency from proof of work to proof of stake is not a taxable event
- Fact some countries now treat Bitcoin as legal tender does not change its status as property, not foreign currency
- Taxpayer finds they had to wait a year to claim a deduction for cashier’s check purchased to settle legal dispute
Version: 20241125