FICPA Podcasts

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

Federal Tax Update - Nov. 5, 2018

https://player.vimeo.com/video/298775185
https://www.currentfederaltaxdevelopments.com/podcasts/2018/11/3/2018-11-05-parking-lot-tax
Inflation-adjusted retirement plan numbers for 2019 released IRS publishes draft Form 990-T and instructions with details on the parking lot tax Students lose at DC Circuit in attempt to claim travel deductions A Blue Book on TCJA may be coming soon A taxpayer is denied relief from liability for tax due on a joint return the court finds she didn’t file   Click to listen to the audio . Alternatively, you may download the file to your computer by right clicking your mouse, choosing "Save Target As",

Federal Tax Update - Oct. 29, 2018

https://player.vimeo.com/video/297611349
https://www.currentfederaltaxdevelopments.com/podcasts/2018/10/28/2018-10-29-more-guidance-to-come
Court finds IRA and plan balance received in divorce not protected in bankruptcy Interest limitation proposed regulations (except for passthroughs) heads to OMB Connecticut crumbling foundation relief clarified to also create NOLs that can be carried back in 2018 PTIN renewal opened up by the IRS OMB announces plans for guidance on TCJA loss limitation rules--but not planned to be out until June 2019 Taxpayer denied innocent spouse relief. 2018-10-29 More Guidance to Come from Kaplan Accounting CE on Vimeo

Federal Tax Update - Oct. 22, 2018

https://player.vimeo.com/video/296302754
https://www.currentfederaltaxdevelopments.com/podcasts/2018/10/21/2018-10-22-seizing-the-opportunity
Seizing the Opportunity 2018-10-22 Seizing the Opportunity from Kaplan Accounting CE on Vimeo .   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 Target As", then selecting a location on your computer to save the file.