FICPA Podcasts

Federal Tax Update - Jan. 21, 2019

https://player.vimeo.com/video/312546054
https://www.currentfederaltaxdevelopments.com/podcasts/2019/1/21/2019-01-21-199a-final-regulations-and-rental-safe-harbor
Key changes in the §199A Final Regulations New York State Publishes Its Wayfair Guidance, Demanding Immediate Compliance Trust Case Going to US Supreme Court Sequestration Does Not Apply to Minimum Tax Credit Proposed Safe Harbor for Rental as a Trade or Business Under §199A Final Regulations Are Out - §965 and, the Big One, §199A IRS Grants Limited Waiver of Underpayment Penalties   Click to listen to the audio . Alternatively, you may download the file to your computer by right clicking your mouse,

Federal Tax Update - Jan. 14, 2019

https://player.vimeo.com/video/310977655
https://www.currentfederaltaxdevelopments.com/podcasts/2019/1/12/2019-01-14-syndicate-danger
IRS reopens IVES and user-fees based programs Advisers need to be sure to check syndicate rules to assure entity not subject to §163(j) rules Treat of Realtors revised in the second draft version of a portion of Publication 535 Filing season to start January 28, refunds are going to be issued Address to file gift tax returns has changed, estate tax return address to change in Jul   Click to listen to the audio . Alternatively, you may download the file to your computer by right clicking your mouse,

Federal Tax Update - Jan. 7, 2019

https://player.vimeo.com/video/309770333
https://www.currentfederaltaxdevelopments.com/podcasts/2019/1/6/2019-01-07-all-quiet-on-the-tax-front
IRS Notice gives guidance to tax-exempt organizations on excess compensation tax Outgoing W&M Chairman publishes discussion paper on TCJA technical corrections §199A final regulations still sitting at OIRA   Click to listen to the audio . Alternatively, you may download the file to your computer by right clicking your mouse, choosing "Save Target As", then selecting a location on your computer to save the file. Click to watch the video . Alternatively, you may download the file to your computer by right

Federal Tax Update - Dec. 31, 2018

https://player.vimeo.com/video/308818936
https://www.currentfederaltaxdevelopments.com/podcasts/2018/12/30/2018-12-31-lump-of-coal-for-real-estate-agents
Loan Adviser Found Not Liable to Repay in FINRA Treated as Ordinary Income from Debt Forgiveness IRS Raises Values Dramatically on Vehicles Eligible for Cents-Per-Mile and Fleet-Average Valuation Rules Safe Harbor Issued on Charitable Contribution Credits Related to a Trade or Business Revenue Procedure Issued to Deal with ADS Issues for Electing Farm and Real Property Businesses IRS Publication Indicates Real Estate Agents/Brokers and Insurance Agents/Brokers are in a Specified Service Trade or Business

Federal Tax Update - Dec. 24, 2018

https://player.vimeo.com/video/308005966
https://www.currentfederaltaxdevelopments.com/podcasts/2018/12/23/2018-12-24-feeling-blue-book-over-the-holidays
Just prior to the one year anniversary of TCJA, we finally get a Joint Committee staff Blue Book.on the law Tax credits for purchases of Teslas are being phased-out during 2019 MFP payments found in IRS memorandum to be taxable income and part of self-employment income Auto mileage rates for 2019 issued by the IRS A management company that managed a marijuana dispensary was subject to the deduction disallowance rules of §280E A limited amount of additional information released by the IRS on excess loss and

Federal Tax Update - Dec. 17, 2018

https://player.vimeo.com/video/306566331
https://www.currentfederaltaxdevelopments.com/podcasts/2018/12/15/2018-12-17-all-we-want-for-christmas-are-our-199a-final-regulations
IRS releases more proposed regulations Lack of documentation dooms deduction for taxpayers §199A final regulations sent to OIRA for review Guidance issued on valuing employer-provided parking for parking lot tax Relief given for some tax-exempt organizations first filing Form 990-T to pay parking lot tax Taxpayers who were out of the country for much of the period of nonpayment still found to be responsible persons   Click to listen to the audio . Alternatively, you may download the file to your computer

Federal Tax Update - Dec. 3, 2018

https://player.vimeo.com/video/304011338
https://www.currentfederaltaxdevelopments.com/podcasts/2018/12/2/2018-12-03-interest-regulations-are-out
IRS releases the 163(j) interest deduction limitation proposed regulations Special real property election for infrastructure maintenance company Revenue Procedure released IRS memorandum describes what the IRS can question when an employer excludes meals from employee’s wages under §119 Foreign tax credit proposed regulations issued Automatic accounting method change procedures issued for §451(b) revenue conformity   Click to listen to the audio . Alternatively, you may download the file to your

Federal Tax Update - Nov. 26, 2018

https://player.vimeo.com/video/302854164
https://www.currentfederaltaxdevelopments.com/podcasts/2018/11/26/2018-11-26-slow-march-of-the-163j-proposed-regulations
Proposed anti-clawback regulations issued Final §263A negative amount regulations issued §163(j) proposed regulations leave OIRA (finally), last step before publication   Click to listen to the audio . Alternatively, you may download the file to your computer by right clicking your mouse, choosing "Save Target As", then selecting a location on your computer to save the file. Click to watch the video . Alternatively, you may download the file to your computer by right clicking your mouse, choosing "Save

Federal Tax Update - Nov. 19, 2018

https://player.vimeo.com/video/301510843
https://www.currentfederaltaxdevelopments.com/podcasts/2018/11/18/2018-11-19-chained-cpi-makes-its-full-debut
IRS publishes 2019 inflation adjusted figures IRS notes increase in breaches of systems of tax return preparers in 2018 Filing and deposit date relief announced for victims of California wildfires IRS email discusses application of due diligence preparer penalties   Click to listen to the audio . Alternatively, you may download the file to your computer by right clicking your mouse, choosing "Save Target As", then selecting a location on your computer to save the file. Click to watch the video .

Federal Tax Update - Nov. 12, 2018

https://player.vimeo.com/video/300188507
https://www.currentfederaltaxdevelopments.com/podcasts/2018/11/11/2018-11-12-due-diligence
§163(j) proposed regulations due this week IRS releases final TCJA due diligence regulations Country singer found not to operate night club for a profit Foreign earned income denied when taxpayer did not show his abode was outside the United States   Click to listen to the audio . Alternatively, you may download the file to your computer by right clicking your mouse, choosing "Save Target As", then selecting a location on your computer to save the file. Click to watch the video . Alternatively, you may