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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 06, 2024
Monday May 06, 2024
https://vimeo.com/943025614?share=copy
https://www.currentfederaltaxdevelopments.com/podcasts
This week we look at:
- IRS releases Fact Sheet on disaster provisions for retirement accounts added by SECURE 2.0 Act
- DC Circuit reverses Tax Court ruling that IRS does not have assessment authority for failure to file a report under IRC §6038(b) (Form 5471)
- Electric vehicle final regulations issued
- Department of Justice begins process to move marijuana from Schedule I to Schedule III which would cause §280E to no longer limit deductions for cannabis businesses
- Lack of any written records on time President/COO spent on activities or even estimate time spent on qualified research activities doomed attempt to claim a credit under IRC §41(a)