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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 14, 2018
Monday May 14, 2018
https://player.vimeo.com/video/269381991
This Week's Topics
- Taxpayer had to include son’s savings account in determination of solvency
- 2019 HRA amounts announced by the IRS
- IRS changes Section 382 recognized built-in gain/loss safe harbors due to changes made by TCJA
- Revenue procedure issued to deal with requests to change accounting methods due to ASC 606 adoption for financial statements
- General automatic method change revenue procedure annual update published by IRS
- Taxpayer found to have no asset to sell and, due to that, income was ordinary and not capital in nature