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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 Jan 13, 2020
Federal Tax Update: When Bad Things Happen Penalties & Disqualifications
Monday Jan 13, 2020
Monday Jan 13, 2020
This week we look at:
- A look at the interaction of qualified plans and post-70 ½ deductible IRA contributions under the SECURE Act.
- A date change in the final version of the SECURE Act related to the kiddie tax.
- An ESOP is found to be disqualified from inception due to both issues in its plan document and in operation of the plan.
- IRS announces e-file start dates, with business returns now being accepted.
- Two cases look at the timing of the required IRS supervisor review of proposed penalties in an exam.
Version: 20241125