FICPA Podcasts

https://vimeo.com/1213098151?share=copy&fl=sv&fe=ci

 

https://www.currentfederaltaxdevelopments.com/podcasts/2026/7/26/2026-07-27-aicpa-new-interpretation-on-indepdendence-and-tax-engagements

 

This week we look at:

• Valuation of Remainder Interest Gifts Upon Trust Termination: State Law and Net Gift Adjustments in Lewis v. Commissioner
• Revenue Procedure 2026-26: Technical Overview of 2027 Indexing Adjustments for Premium Tax Credits and Affordability Standards
• Limitations of Interest Abatement Claims Under I.R.C. § 6404(e)(1) in the Context of ERC-Driven Amendments
• Section 6015(c) Relief and the Substantiation Trap: An Analysis of Anderson v. Commissioner
• Navigating the AICPA’s New Tax Services Independence Standards: A Guide for Practitioners

https://vimeo.com/1211218820?share=copy&fl=sv&fe=ci

https://www.currentfederaltaxdevelopments.com/podcasts/2026/7/19/2026-07-20-irs-expands-business-tax-accounts

This week we look at:

Partnership Recourse Rules: Conditional DROs will not establish EROL under § 1.752-2.

• Mileage Rate Adjustment: Business standard mileage rate rises to 76 cents on July 1, 2026.
• Business Tax Account: Modernized self-service portal expands features but requires active annual maintenance.
• Litigation Legal Fees: FCRA settlements are taxable gross income without above-the-line deduction.
• Corporate Reorganizations: Tax Court invalidates regulation limiting 100% DRD in post-Loper Bright era.
• ERC Litigation Realities: Exhaustion loophole rejected; notice pleading standards approved in refund suits.
• Conservation Easements: Valuation must be grounded in immediate local market demand, not speculation.

https://www.currentfederaltaxdevelopments.com/podcasts/2026/7/12/2026-07-13-a-week-of-final-regulations

This week we look at:

• Transitioning from First Time Abate (FTA) to Automatic Exemption from Penalty (AEP)
• Strict Enforcement of Tax Refund Statutes of Limitations
• Employee Retention Credit (ERC) Refund Claims & Pleading Standards
• Pandemic-Era Persistence of New York's Convenience of the Employer Rule
• Invalidity of Treasury Regulation Section 1.951A-2(c)(5)
• Non-Shareholder Capital Contributions vs. Compensation
• Final Section 1035 Exchange & Corporate Reorganization Regulations
• Reclassification of Abusive CRAT Structures as Listed Transactions
• The National Taxpayer Advocate’s Perspective on AEP

 

The FICPA's The Practitioner’s Edge delivers practical insights for CPAs and professionals in small firms. Each episode explores strategies, trends and real-world solutions to help you run a stronger practice, serve clients better and stay ahead in a changing profession. 

This month, we're joined by Dan Giddings, Account Executive with Blue J, to explore how AI is transforming tax research for accounting firms. Giddings explains why purpose-built AI tools offer a more secure and reliable alternative to general AI platforms by providing answers backed exclusively by trusted tax authorities, including IRS guidance, regulations, case law and state-specific resources. He also discusses how firms can use AI to streamline research, draft client communications, analyze tax returns and uncover proactive planning opportunities, all while maintaining data security and client confidentiality. 

The conversation also highlights how firms of all sizes can empower every team member, from junior staff to partners, with AI tools that reduce research time, improve consistency and create more capacity for higher-value advisory services. Giddings emphasizes that successful firms are not replacing professional judgment with AI. Instead, they are using it to enhance accuracy, improve efficiency and deliver better client outcomes. 

"AI should help firms create capacity, not replace professional judgment. The goal is to free your team to deliver better advice and better client service." 

Dan Giddings, Account Executive, Blue J, LinkedIn: https://www.linkedin.com/in/dan-giddings/ 

 

FICPA Members: Discover additional tools and resources in the FICPA Small Firm Suite at Small Firm Suite - Florida Institute of CPAs.

https://vimeo.com/1207214382?share=copy&fl=sv&fe=ci

https://www.currentfederaltaxdevelopments.com/podcasts/2026/7/5/2026-07-06-erc-cases-galore-week

This week we look at:

• Section 7508A(d) and Interest on Pre-COVID-19 Disaster Tax Deficiencies
• The Soroban Capital Partners SECA Tax Controversy
• Pleading Requirements for the Employee Retention Credit (Tapestry Senior Housing)
• ERC Causation and the Essential Business Hurdle (RAAM Construction)
• The Section 530A Transfer Tax Safe Harbor (Rev. Proc. 2026-25)
• Penalty Supervisory Approval Verification in CDP (Besicorp Group)
• Retroactive ERC Deadlines & Constitutional Challenges

 

https://vimeo.com/1205155437?share=copy&fl=sv&fe=ci

https://www.currentfederaltaxdevelopments.com/podcasts/2026/6/28/2026-06-29-opr-releases-guidance-on-use-of-generative-ai

This week we look at;

• Nominal S Corporation Ownership and the Abuse Exception
• Recapping the ERC via Section 7405 Civil Actions
• Constructive Dividends, Formalities, and Civil Fraud
• CDP Hearings, Offer-In-Compromise, and RCP Calculations
• Professional Responsibility and Responsible AI Use
• Rigorous Proof for ERC "Partial Suspension" Claims

https://vimeo.com/1202910896?share=copy&fl=sv&fe=ci

https://www.currentfederaltaxdevelopments.com/podcasts/2026/6/12/2026-06-15-trusts-and-the-new-section-68

This week we look at:

• Relief from Ineffective S Corporation and QSub Elections
• Procedural and Jurisdictional Limits in Challenging IRS Guidance
• Medicaid Gross Receipts, Cohan Estimations, and Professional Reliance
• Standards and Deceit in Supervised Release
• Transitional Guidance on Qualified Opportunity Zones

https://vimeo.com/1200899324?share=copy&fl=sv&fe=ci

https://www.currentfederaltaxdevelopments.com/podcasts/2026/6/12/2026-06-15-trusts-and-the-new-section-68

This week we look at:

• Application of New Section 68 to Trusts and Estates
• Assessing the Risks of Hindsight in Late § 475(f)(1) Elections
• The Eradication of the 5% Safe Harbor (Clean Energy)
• Limits of § 2036(a) and Tax-Motivated Transfers
• Section 183 Hobby Losses & Penalties
• New Section 25F Education Freedom Tax Credit

https://vimeo.com/1199200449?share=copy&fl=sv&fe=ci

https://www.currentfederaltaxdevelopments.com/podcasts/2026/6/7/2026-06-08-an-inconsistent-tale-of-two-erc-court-rulings

This week we look at:

• Proposed Increase to Estate Tax Closing Letter User Fee
• Divergent Causation Standards for ERC Eligibility
• Valuation Extremes in Conservation Easements
• Substantiating Mortgage Interest Deductions
• Taxation of Cryptocurrency Staking Rewards
• Section 4960 and "Covered Employees"
• FBAR Compliance and IRS Agent Authority

Join the FICPA and longtime FICPA member Dan Henn each month as we host dynamic interview-style sessions designed to spark meaningful industry conversations. "The Practitioner’s Edge” delivers practical insights for CPAs and professionals in small firms. Each episode explores strategies, trends and real-world solutions to help you run a stronger practice, serve clients better and stay ahead in a changing profession.

This month, we’re joined by Andy Roe, CRO with CPA Site Solutions, to discuss the transformative power of tax automation for small firms. He emphasizes how shifting away from manual data entry allows practitioners to focus on high-value advisory services, ultimately increasing firm capacity without adding headcount. Roe provides a roadmap for firms to navigate the "tax automation journey," highlighting that the most successful practitioners are those who embrace standardized workflows and modern technology to solve the perennial staffing and capacity challenges facing the profession.

"Automation isn't just about saving time; it’s about creating the capacity to be the advisor your clients actually want you to be." Andrew Roe | LinkedIn

 

FICPA Members: Discover additional tools and resources in the FICPA Small Firm Suite at Small Firm Suite - Florida Institute of CPAs.