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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 Feb 19, 2024
Federal Tax Update: Insurers Update BOI Guidance
Monday Feb 19, 2024
Monday Feb 19, 2024
https://vimeo.com/914227666?share=copy
This week we look at:
- Insurers updating their advice on BOI engagements
- SALT cap 2023 increase bill fails on a procedural vote in the House
- Jury finds taxpayer did not willfully fail to file FBAR reports
- IRS takes position third party payors liable for ERC refund repayment in addition to common law employers
- IRS sending out CP271 “soft letters” to those with open ERC refund claims
- S corporation has a failure of 9 trusts receiving shares from decedent
- Taxpayer unsuccessfully argues she only should pay taxes on social security actually received
Version: 20240731