FICPA Podcasts
Federal Tax Update: Indexing Week

Federal Tax Update: Indexing Week

November 11, 2019

https://vimeo.com/372227795

https://www.currentfederaltaxdevelopments.com/podcasts/2019/11/10/2019-11-11-indexing-week

 

This week we look at:

  • Federal Circuit shoots down previously successful taxpayer argument that limited maximum FBAR penalty
  • IRS publishes the 2020 inflation adjusted numbers
  • Proposed regulations issued to revise the life expectancy tables for required minimum distributions
  • Retirement plan numbers for 2020 issued by IRS
Federal Tax Update: 2019 Both a Home and an Investment

Federal Tax Update: 2019 Both a Home and an Investment

November 4, 2019

https://vimeo.com/370746521

https://www.currentfederaltaxdevelopments.com/podcasts/2019/10/26/2018-10-28  

 

Current Federal Tax Developments for the week of November 4, 2019 Both a Home and an Investment

  • Wisconsin fails in attempt to look to sublease to tax software sales based on computers sold to be used in the state
  • IRS agrees that taxpayer qualifies for both §121 and §1031 for the sale of a former home destroyed by fire
  • Draft Form 1065 and K-1 instructions released by the IRS
Digital Is Eating the World

Digital Is Eating the World

November 2, 2019

Randy Coleman, Wealth Management Advisor shares with Mia Thomas, FICPA Director of Learning - Curriculum Development his path to leadership learning and his upcoming topic at our UF Accounting Conference "Digital is Eating the World".

Federal Tax Update: Denied Deduction Not Excessive Fine

Federal Tax Update: Denied Deduction Not Excessive Fine

October 28, 2019

https://vimeo.com/368882218

https://www.currentfederaltaxdevelopments.com/podcasts/2019/10/26/2018-10-28  

 

This week we look at:

 

  • California rules on tax issues for directors that have meeting in California
  • Chief Counsel’s office gives guidance on use of secured email exchanges
  • §280E found not to represent an excessive fine even if the Tax Court doesn’t completely agree on why
  • Interim guidance issued to Appeals employees on BBA partnership regime
  • Whistleblower cannot force IRS to reopen an audit that he claimed was woefully inadequate
Federal Tax Update: It’s All in the Forms (and Instructions)

Federal Tax Update: It’s All in the Forms (and Instructions)

October 21, 2019

https://vimeo.com/user37230624/download/367612111/a6b2c7a75a

https://www.currentfederaltaxdevelopments.com/podcasts/2019/10/20/2019-10-21-its-all-in-the-forms-and-instructions  

 

This week we look at:

  • Agents directed to grant relief in certain WOTC situations
  • Form 1120-S instructions disclose 3 new statements to be required on K-1s for 2019
  • Social security inflation adjusted 2019 numbers officially released
  • Second draft of Form 1065 Schedule K-1 asks for additional information about disregarded entity partners
  • TAS’s request for a delay while taxpayers facing loss of passport seek assistance denied by IRS
What the Heck is EOS and Is It Right For Me

What the Heck is EOS and Is It Right For Me

October 15, 2019

The Entrepreneurial Operating System - EOS is  changing the way organizations manage and run efficiently and effectively. John King, CEO and EOS Implementer of the company Drive - Leadership and Management Coaching shares with our listeners the 6 key components of EOS along with how you can build traction and strategic ideas for you and your organization. 

Federal Tax Update: Virtual Currency and Taxes

Federal Tax Update: Virtual Currency and Taxes

October 12, 2019

https://vimeo.com/365964311

https://www.currentfederaltaxdevelopments.com/podcasts/2019/10/12/2019-10-14-virtual-currency-and-taxes  

 

This week we look at:

  • IRS expands IP PIN program to 10 more states
  • Question on virtual currency transactions will be on Schedule 1, Form 1040 and 1040SR, along with release of more draft instructions
  • Hard forks of virtual currencies are taxable events per IRS and the rule appears to apply retroactively
  • Additional set of FAQs added for taxation of virtual currencies to IRS website
Federal Tax Update: Get Ready for the 2019 Passthrough Forms

Federal Tax Update: Get Ready for the 2019 Passthrough Forms

October 7, 2019

https://vimeo.com/364498947

https://www.currentfederaltaxdevelopments.com/podcasts/2019/10/5/2019-10-07-get-ready-for-the-2019-passthrough-forms

 

Current Federal Tax Developments for the week of October 7, 2019

  • Pennsylvania cites Wayfair in providing for sales only based income tax nexus
  • Taxes on investment real estate under IRC §164 - no $10,000 limit?
  • Drafts of 2019 Forms 1065, 1120-S and related K-1s released by IRS
  • Proposed regulations for ALEs using individual coverage HRAs released
Marketing Tactics That Lead to Business Growth

Marketing Tactics That Lead to Business Growth

October 6, 2019

Dan Henn, CPA and FICPA Council member, shares with our listeners marketing communication tactics to show appreciation to clients and customers. 

Federal Tax Update: Rentals and the Safe Harbor

Federal Tax Update: Rentals and the Safe Harbor

September 30, 2019

https://vimeo.com/363034617

https://www.currentfederaltaxdevelopments.com/podcasts/2019/9/29/2019-09-30-rentals-and-the-safe-harbor

 

This week we look at:
  • Rentals and the Safe Harbor IRS releases final version of §199A rental safe harbor

  • Special per diem rates that take effect on October 1, 2019 released

  • Tax Court does not accept imprisonment and lack of access to what might be deductible expense documentation as reasonable cause for late filing.