Podcasts by Ed Zollars Tax Update Podcast

Substantial Understatements—the Penalty under §6662(b)(2) from 2007-07-09T01:18

We finish up the look at §6662, this time looking at the substantial understatement penalty, as well as the exceptions to this penalty.

The material for this week's podcast can be downl...

The Value of Standards-SSVS No. 1 Released and the Impact on CPAs in Tax Practice from 2007-07-04T13:23

For Independence Day we take a look at a new set of standards released by the American Institute of CPAs' Consulting Services Executive Committee that will take effect for engagements entered into ...

Section 6662(b)(1) Penalties on Client-A Review from 2007-06-30T15:41

Given that in both the changes to Circular 230 paragraph 10.35 back in 2005 and the recent revisions to Section 6694, it seems appropriate to review the penalties that can be imposed on a taxpayer ...

Testing the Limits-The IRS Loses Statute of Limitations Case from 2007-06-21T13:02

This week we look at recent cases where the IRS lost a statute of limations case.  In the case of Bakersfield Energy Partners, LP, 128 TC No. 17, the questi...

Delay of Game-IRS Grants Temporary Relief For Section 6694(a) Changes from 2007-06-17T13:52

The IRS this past week issued Notice 2007-54 which grants partial relief from some of the changes made to the preparer penalties under Section 6694(a), delaying full implementation of the provision...

Into the Penalty Box-Updated Prepared Penalty Provision in New Law from 2007-06-01T23:15

We further analyze the new law, this time looking in detail at the preparer penalty provisions and the change in the trigger for where the preparer penalty under Section 6694(a).

The mater...

Kiddie Tax Update: Correction to New Law Podcast from 2007-05-29T13:20

Kaye Thomas emailed me with an observation regarding one issue in the new law.  It turns out that though prior drafts of the bill and the Joint Committee's report on the bill indicated expanding th...

On Second Try-Tax Law Changes Come Back After Veto from 2007-05-26T00:47

The new Congress has passed its first major tax bill with changes that are meant to grant relief to small businesses, but which also have revenue raisers that will impact a number of clients.  The ...

Payment Encore: Liability of Taxpayer for Embezzlement by Payroll Service from 2007-05-18T18:06

We look at the recent case of Pediatric Affililates, P.A., (2007-1 USTC ¶50,477) where the Third Circuit Court of Appeals upheld the U.S. District Court of ...

It Depends-IRS Proposes New Divorced Parents Regulations from 2007-05-09T00:15

This week we look at Proposed Regulations under Section 152 to clarify the treatment of divorced parents, regulations that would both serve to document what has developed under the current temporar...

Home is Not Where the Heart Is-Section 162(a)(2) from 2007-04-27T23:08

A taxpayer without a regular place of business can still obtain a deduction for travel away from home if the taxpayer can establish that he/she has a home.  In two cases (Listen

Cost of Bad Practice: IRS Notice Implementing Monetary Penalties Under Circular 230 from 2007-04-24T13:18

The IRS on April 23 released guidance on the application of monetary penalties to practitioners, their employers, firms and related entities for violations of Circular 230 as authorized by the Amer...

An Extension We Don't Want-Tax Preparer's Fraud Taints Return for Statute of Limitation from 2007-03-10T14:06

When Section 6501(c) refers to a false and fraudulent return, does the IRS need to show that the taxpayer was involved in the fraud to get the benefit of the unlimited statute of limitations to ass...

Credit Denied-IRS Attacks Partnership State Tax Credit Shelter from 2007-02-25T01:46

The IRS has again issued guidance indicating their displeasure with a marketed shelter that promises benefits via the literal application of partnership provisions in the IRC.  In CCA 200704028 the...

There's English and There's the IRC-Passive, Active Conduct and Carrying On from 2007-02-18T02:20

Congress doesn't necessarily make the law work as consistently as practitioners want it to work.  This week we look at four different provisions in the Internal Revenue Code and their somewhat diff...

A Family Affair-Spouses and Medical Reimbursement Plans from 2007-02-10T13:59

Back in February of 2006, I did a podcast on medical reimbursement plans and went over the Speltz case where the taxpayer prevailed in a medical reimbursement plan provided for h...

The New and Improved Health Savings Account from 2007-02-03T00:29

Congress passed a number of incentives in the Tax Relief and Health Care Act of 2006 meant to make Health Savings Accounts (or HSAs) more attractive to taxpayers.  We'll take a look at the provisio...

But I Left it at the Hotel-The Late Filing Issue from 2007-01-27T17:38

We look at the case of a traveler who got bitten when she attempted to make use of the hotel to get a package picked up by a private delivery service-a package that happened to contain her petition...

Literally Too Good To Be True-IRS Memorandum on Partnership Transaction from 2007-01-20T02:43

This week we look at an IRS memorandum that argues against the position taken by a taxpayer arguing that his transaction literally complies with Section 731 and 732.  The IRS argued that the transa...

Put on Notice-IRS Explains the Distribution Provisions in the Pension Protection Act of 2006 from 2007-01-13T15:13

The IRS has issued Notice 2007-7 that explains the distribution provisions in the Pension Protection Act of 2006.  In the podcast, we look ...

When Did That Happen? Options and Exercise Date? from 2007-01-06T23:42

Sometimes life just doesn't seem fair.  Like when you exercise stock options from your former employer, and the stock price drops 20% from the date you told your employer to exercise the options un...

Maybe Not Better Late Than Never-Mark to Market Election under Section 475(f) from 2006-12-30T21:12

The mark to market election under Section 475(f) can have a major impact for individuals that were unsuccessful in their attempt to become a day trader-which turns out to be the majority of those w...

Timing is Everything-IRS Issues Year End Expense Guidance from 2006-12-24T03:57

This week the IRS decided to send a warning to accrual basis taxpayers that the IRS has some very specific ideas on the proper application of the recurring item exception.  We look at Revenue Rulin...

Giving Credit Where Credit is Overdue-Holiday AMT Gift from 2006-12-09T16:55

Congress got around to passing the extenders in the Tax Relief and Health Care Act of 2006 early on Saturday morning, which picked up a number of the items ...

The Dictionary vs. the Regulations-Active Participation in Retirement Plans from 2006-12-02T19:57

The issue of whether an individual is or isn't considered an active participant in a retirement plan can be complex, as the taxpayer found out in the case of Colom...

Close Doesn't Count-Accountable Plan Rulings from 2006-11-25T16:32

Given that the IRS and courts had a short week, we look back this week at a ruling from a few weeks back, as well as a related ruling from a year ago, that deal with the accountable plan rules, and...

A Ringing in Your Ears-Telephone Tax Refunds and Businesses from 2006-11-17T19:07

The IRS has released a simplified method that businesses can elect to use to compute the amount of their refund for the federal long distance excise tax that the IRS finally agreed the law did not ...

To 83(b) or not to 83(b)-That is the Question from 2006-11-11T13:50

83(b) elections were all the rage, especially for those with stock options during the dot com bubble--and now many of those individuals regret the election.  This week the Tax Court considered the ...

Sorry, But No Dice-Reliance Upon a Tax Professional Co-Administrator from 2006-11-04T01:00

The podcast this week deals with the case of Estate of Landers, TC Memo 2006-230, where an estate's co-administrator attempted to seek a finding that there ...

Plain Speaking: General Powers of Appointment, the GST and Grandfathered TRA86 Trusts from 2006-10-27T13:05

The Tax Court this week reasserted its previously stated position on the treatment of the GST grandfathering provision for trusts in existence on September 25, 1985 when a party holds a general pow...

Take That, Private Annuities! New IRS Proposed Regulations from 2006-10-21T00:00

The IRS has proposed regulations that will radically change the taxation of private annuities, making Revenue Ruling 69-74 obsolete as of October 18.  We discuss the new treatment the IRS is propos...

Let’s Try This Again-Another AMT Capital Loss Theory Loses from 2006-10-14T01:01

In a relatively slow tax news week, the Tax Court issued yet another published opinion dealing with the coordination of the capital loss rules of §1211 and the alternative minimum tax.  In the case...

A Little Bit of This and That-Signing Returns, Alimony and 409A Reprieve from 2006-10-07T01:43

This podcast covers a number of recent tax developments, including dealing with the burning issue of whether a preparer must sign the client's copy of the return, a recent case involving again the ...

A Defining Issue-Who Is an Employee? from 2006-09-30T00:45

The issue of whether a service provider is properly treated as a contractor or employee is an important issue for many small businesses.  In the case of Orion Cont...

Not Quite Horseshoes-Close Doesn't Count for Charitable Appraisals from 2006-09-21T11:58

The documentation rules for charitable contributions can create situations where taxpayers lose the right to claim a deduction even though they made it and, by the time they get to Tax Court, can e...

Limitations-the Statute of Limitations on Refund Claims from 2006-09-16T00:57

We look at a case involving the statute of limitations and the issue of reliance on IRS advice.  In the case of A. L. Katz & J. L. Miller v. United States t...

Securing A Client's Data from 2006-09-09T04:00

Securing data has become a key issue for professionals, given recent high profile thefts of computers and drives containing sensitive client information.  This week we look at some of the basics of...

And You Get Your Own Car--Cars Provided to Employees from 2006-09-01T19:00

This week we deal with the issues involved with having cars that are used by employees, and the various rules that employers need to deal with in that situation.  While arguably not as “exciting? t...

But My Kids Are Worth What I Pay Them! How Not to Handle Children on the Payroll from 2006-08-26T13:53

Paying your children to work in your business can make sense both for the business and from a family tax planning standpoint, but you have to take care to justify that the children are truly being ...

Why Margined Stock is Not Equivalent to a Nonqualified Option... from 2006-08-19T13:48

We look at a case this week that deals with the continuing problems of employee related options that were exercised when the stock was at a high price, but whose price collapsed before the tax was ...

Congress Plants a Landmine-Company Owned Life Insurance from 2006-08-12T01:31

This week we look at a provision buried in the Pension Protection Act of 2006 that involves "employer" owned life insurnace.  The provision in question renders the death benefit taxable to the exte...

It's a Matter of (Misplaced) Trust-Taxpayer Reliance on Advice from 2006-08-04T23:16

Taxpayers get their advice from a lot of sources, and we often end up having to defend our own advice against other sources.  This week we have two cases that show that all advice is not created eq...

Gee, Whose IRA Was It? The Issues of Surviving Spouses and IRAs from 2006-07-29T00:50

Is a distribution made to a surviving spouse that was rolled to her IRA but can be traced to her deceased spouse's IRA account eligible for the death benefit exception to Section 72(t)?  Considerin...

The Tax GAAP-FASB Speaks on Tax Provisions for Financial Reporting from 2006-07-21T22:51

And now for something completely different-coverage of FASB.  Well, actually there is a tax angle to this one, as FASB has issued FASB Interpretation 48 in final form in June that will deal with un...

Reasonable Cause for Late Filing—I Didn't Late File from 2006-07-15T13:04

The logic of the application of the IRC to specific situations at times seems to defy common logic, and this week we look at a specific case of such.  In this case, the Tax Court decided that a rea...

That's Not Income, That's a Discount—The Ninth Circuit Corrects the Tax Court from 2006-07-08T13:36

The issue of the taxation of prepaid purchase discounts that may need to be refunded if purchase goals are not met has resurfaced as the Ninth Circuit Court of Appeals reversed the Tax Court in the...

What Did They Mean? Section 199 and Construction from 2006-07-01T00:06

For our one year anniversary show, we take a look at the newly released regulations under Section 199 as they define construction found at Regulation §1.199-3(m).  These definitions are key for any...

Is it Really My Loan? S Corporation Debt Once Again. from 2006-06-24T00:00

A few weeks ago (back in April) we looked at the case of Ruckreigel where a taxpayer lost an IRS challenge on whether a debt was truly from the shareholders...

Reading, Writing and FICA-Taxation of FICA Payments on Tenure Buyout from 2006-06-17T13:28

Another Circuit chimes in on the issue of the FICA taxation of payments made in exchange for tenure rights as part of an early retirement package offered to teachers.  In a combined appeal of two c...

Extra, Extra - IRS Headliner on S Corporation Shareholders and 162(l) from 2006-06-10T04:03

The IRS on May 15 issued a "Headliner" on their website directed at tax professionals that attempted to explain the treatment of policies purchased by a single employee shareholder of an S corporat...

Special Podcast-About Those Extensions We Just Denied... from 2006-06-04T21:07

A special podcast this week of interest to practitioners (and their clients) who bulk filed paper extensions with the Fresno Service Center.  The IRS recently admitted to a mistake in processing ex...

At Death Do the Payments Stop? Alimony and the Not Quite Clear Divorce Settlement. from 2006-06-03T13:57

Divorce settlements at times are frustrating for tax preparers to work with, since they often leave dangling the issue of whether payments were or were not intended to be alimony and, not surprisin...

Indecent Exposure-Internet Access Security Issues Away From the Office from 2006-05-27T13:41

For Memorial Day, the podcast will take a break from tax related topics and consider rather some issues that arise when you, like many this weekend, are traveling and take your laptop with you to "...

Tax Increase Prevention Act of 2005-The Highlights and Lowlights from 2006-05-20T00:08

We finally have a 2005 extender bill, albiet missing a few extenders and with a few surprises (some good, some not so great).  The President signed the bill into law this week, so it's time to look...

It's "t" time: Exceptions to the 10% Addition to Tax on Premature Distributions from IRAs and Plans from 2006-05-12T23:52

Taxpayers who take distributions from retirement plans prior to attaining age 59 1/2 have to deal with a confusing set of rules of which distributions are and are not eligible to escape the 10% add...

Testing the Limits: the $3,000 Capital Loss Cap and the AMT from 2006-05-05T21:00

The Tax Court looked at the interaction of the $3,000 capital loss limitation and the alternative minimum tax basis adjustment on the sale of shares originally obtained via the exercise of incentiv...

Whose Debt Is It Anyway? S Corporations and Loans from Related Entities from 2006-04-28T22:06

Shareholder debt to S corporations has proven to be a minefield for shareholders and their advisers, and the taxpayer and their adviser in the case of Ruckriegel v...

But I Never Got That Letter: When Mail Doesn't Make It To Taxpayers from 2006-04-22T11:57

Much of the information that taxpayers need to deal with their tax obligation arrives via the U.S. mail.  But what happens when that mail is delivered to the wrong address and either never makes it...

We Didn't See This Adoption Coming-What is Unforseen? from 2006-04-15T11:52

Can adopting a child, an apparently voluntary endeavor, qualify as an unforseen circumstance for purposes of obtaining an early exclusion of gain from the sale of a home under Section 121?  A taxpa...

How Much to Tell--Adequate Disclosure and Section 6501(e) from 2006-04-08T00:00

The case of Benson v. Commissioner, TC Memorandum 2006-55, provides a look at the issue of what constitutes adequate disclosure under Section 6501(e)(1)(A)(...

Unreasonably Not Injured from 2006-04-01T00:11

We look at the exclusion for personal injuries under Section 104 this week, as well as the nature of a reasonable cause for purposes of escaping the imposition of a penalty.  We use the case of Listen

I'm a Yankee Doodle Dandy-Just Not a Good Recordkeeper... from 2006-03-25T00:47

This week we look at the issues and limitations involving the Cohan rule and its use in tax compliance and representation work.

The materials can be downloaded from Listen

In God We Trust, All Others Must Deposit With Us-Payroll Tax Trust Funds from 2006-03-18T01:11

This week we look at some issues revolving around payroll tax deposits, including the IRS and Social Security Administration recent caution about the use of payroll services to deposit taxes. <...

Don't Get Personal (Service Corporation, That Is...) from 2006-03-11T00:00

In honor of the upcoming March 15 filing deadline for calendar year corporations, this week we look at the issue of just what is a "qualified personal service corporation" and, perhaps more imp...

The Trouble With Disclaimers-Circular 230 Revisited from 2006-03-04T11:10

This week's podcast arose from a discussion that began on the California Society of CPAs TaxTalk group on Yahoo about the widespread use of Circular 230 disclaimers. There seems to be an unfor...

Doctor My Eyes Have Seen the Deduction—Medical Expenses and the Spouse from 2006-02-25T01:02

This week we look at issues surrounding what are medical expenses for various tax purposes, as well as a case where the taxpayer successfully defended hiring her spouse as employee, and then cov...

Finding your Way-Thoughts on Efficient Tax Research from 2006-02-18T01:00

We take a bit of a break from developments to talk about the issues and methods of tax research this week. We look at how to learn to efficiently deal with research issues that arise in a tax ...

The Right the IRS Discovered That Invalidated CRTs--and Then Decided to Delay A Decision On from 2006-02-11T00:00

This week's program discusses charitable remainder trusts in light of the IRS granting relief from an issue they first seemed to have discovered last year regarding the potential state law gran...

The Cases of the Inadequate Charitable Documentation from 2006-02-04T00:30

This week we take a look at the Tax Court's application of the charitable documentation regulations to two real world cases.

In the case of Kendrix v. Commissioner a former IRS ...

The Superintendent and Section 62 from 2006-01-28T00:37

Congress hates employees--that's a fact of life that a worker learns the hard way in the case of Alley v. Commissioner, (TC Summary Opinion 2006-4) that we discuss this week. Mr. Alley h...

The Post December 31 Retirement Plan--Simplified Employee Pensions from 2006-01-21T02:34

This week we finally get a break from the Schedule D developments and move on to a new topic. We discuss simplified employee pensions, including the basic rules that apply to them, and the got...

Attaining True Clarity--Efiling and Schedule D from 2006-01-14T02:00

In what has become an unintended series of podcasts, we deal once again (and hopefully for the final time) with the IRS's revisions to the Schedule D instructions, and the subsequent "clarifica...

Special Edition-IRS Clarifies Schedule D from 2006-01-09T00:45

While highly unofficial at this point, the IRS has begun circulating a "clarification" of the Schedule D issue.

Dependent on It--The New Uniform Definition of a Child and the Revised Section 152 from 2006-01-07T01:00

This week we look at the updated uniform definition of a child and other changes to the dependency exemption under Section 152 that Congress passed last year, as well as a technical correction ...

Charity Begins at Home (with Documentation...) from 2005-12-31T01:00

We mark six months of podcasts this week (the first Tax Update was posted right after Apple opened up the iTunes music store to podcasts).

To close out the year and get ready for the u...

By the Form—New IRS Schedule D Instructions from 2005-12-23T23:00

For our Christmas Eve edition of the podcast we look at the controversy that has arisen about a modification the IRS made to this year's Schedule D instructions. In the 2005 edition of the inst...

Confession is Good for the Pocketbook from 2005-12-17T01:00

This week we look at adequate disclosure under Revenue Procedure 2005-75 for purposes of escaping the substantial understatement penalty under Section 6662(a).

Download the materials f...

Origin of the Claim - Legal Settlements and Fees and the Tax Law from 2005-12-10T01:00

This week we look at the issue of legal fees and settlement, and the tax status of such. We'll look at the result in the Ha...

Breaking Up Can Be Taxing - Alimony Under the Tax Law from 2005-12-03T01:00

Be sure to download the materials from http://edzollars.com/2005-12-03_Alimony_Defintion.pdf.

This week's podcast deal...

What is My Motive? The Profit Motive Under Section 183 from 2005-11-26T01:00

This week we look at a case involving two doctors who receive funds from the local school to use for the education of their autistic child. The doctors attempted to claim they were running a b...

Borrowing from Your IRA and Playing Russian Roulette from 2005-11-19T01:00

We look at a recent private letter ruling where the IRS made it clear that taxpayers who use the 60 day rollover rule to "borrow" from their IRA do so at their own risk, even if events complete...

When Congress Tries to Help Our Clients (Section 199--With Friends Like This, Who Needs Enemies?) from 2005-11-12T02:20

This week's podcast is based on my presentation today at the Arizona Society of CPAs' Arizona Federal Tax Insitute held at the Arizona Biltmore. The Biltmor...

Substance Over Form: Who Can Assert It and When It Can Be Asserted from 2005-11-05T01:38

This podcast deals with three cases that dealt with attempts to have the court deal with the substance of a transaction as opposed to its form. We'll discuss why the IRS can succeed at this, w...

What is the Value of that Donation? from 2005-10-28T23:18

This week we look at two recent Tax Court cases that dealt with contributions to charity and the values of the items donated. In one case, the item donated was a car while in the other case it...

Does Anybody Know What Time I Filed? from 2005-10-21T22:30

This week we discuss the issues surrounding the use of the mail and electronic filing to prove a filing date. The materials can be downloaded from Listen

Arizona Legislation Over Lunch from 2005-10-20T23:34

Today Anthony Forschino, Legilsative Liaison for the Arizona Department of Revenue spoke at the Arizona Society of CPAs ...

Circular 230 Update from 2005-10-15T05:00

This podcast is based on the September 20 presentation I gave for the Arizona Society of CPAs on the changes to Circular 230 that became effective over the ...

When a Loan Is Not a Loan (and When It Is) from 2005-10-08T01:35

This week we look at two Tax Court opinions released on the same day that both dealt with whether a transaction represented a loan to the taxpayer or was income. The cases are Listen

More Thoughts on Vista and Security from 2005-10-05T05:00

Comments sparked by an online discussion on Yahoo Groups Taxprofessionals group with Drew Edmundson.

I wanted to clarify that I didn't mean to be ...

Live from Roanoke--a Discussion of Technology Changes and Accounting Practice from 2005-10-01T05:00

This is a recording of a presentation made on the morning of September 27 at the Virginia Accounting & Auditing Conference on the Accounting Office of the Future (or at least that's the title) f...

Clarification of KETRA Mileage Provision from 2005-09-30T00:08

This file contains a correction/clarification to yesterday's KETRA update. As is pointed out in this program, Section 303 of the Act does limit these higher rates to provision of Katrina relie...

Katrina Relief Bill Has Items of Impact Outside Katrina Area from 2005-09-28T10:46

This quick update summarizes the items contained in the Katrina Emergency Tax Relief Act of 2005 (KETRA), concentrating on those items that have impact across the country, as well as summarizing...

An unallocated arbitration award, as well as the limits of Cohan from 2005-09-24T05:00

This week's podcast deals with arbitration awards and IRA accounts. What happens when a taxpayer is awarded an amount in arbitration regarding the management of an IRA account, but the award is...

Getting a Second Chance to Elect from 2005-09-17T01:02

No, we're not talking about reconsidering your vote from last November. Rather, this week's podcast deals with both the automatic and discretionary extensions the IRS grants to make elections f...

Arizona Rulings Over Lunch from 2005-09-15T23:30

Today's podcast reports on the Arizona Society of CPAs' Arizona Department of Revenue Liaison luncheon today. Speaking at the lunch was Christie Comanita, Man...

Win Some, Lose Some - An Analysis of Two Recent Cases from 2005-09-09T07:00

This week’s podcast deals with two recent cases, one a win for taxpayers and one a loss. You can download the material (which consists of the two cases) from Listen

Will That Be One Debt or Two? S Corporations, Shareholder Debt and Basis Detailed in Recent Tax Court Case from 2005-09-02T17:15

This week we look at a recent decision (Brooks v. Commissioner, TC Memo 2005-204) involving the impact of repaying S corporation debt during the year when, at the beginning of the year, t...

Tax Relief Available for Victims of Natural Disasters from 2005-09-01T01:33

Given the disaster that has taken place on the Gulf Coast with Hurricane Katrina and its aftermath, I’ve put together a quick and dirty summary of some of the tax issues involved in casualty los...

Developments in the Dependency Exemption for Divorced Parents from 2005-08-26T16:00

Weekly podcast 12 dealing with children of divorced parents. A recent Tax Court Summary Opinion (Oman v. Commissioner, TC Summary Opinion 2005-110) poten...

Let the Sun Shine In - Solar Energy Credits under the Energy Tax Incentives Act of 2005 from 2005-08-19T13:02

Weekly podcast 11, dealing with the solar energy provisions of the Energy Tax Incentives Act of 2005 and the related credits available under Arizona income tax law.

The Listen

Lunching on Arizona Tax Matters from 2005-08-19T00:29

Arizona Tax Update podcast report on the Arizona Society of CPAs Arizona Tax Liaison Committee luncheon today at the Phoenix Doubletree Guest Suites at the Ga...

Home is Where the Power Goes--Energy Tax Incentives Beginning in 2006 Under the New Law from 2005-08-11T23:00

Podcast 10, produced and uploaded on a MacIntosh mini just for something different to do. This is the first of what I hope will be a set of three podcasts dealing with the Energy Bill that Pres...

Activity Before Everyone Leaves Washington and the Saga of S Corporations and FICA from 2005-08-06T01:54

A general update on tax developments this week, including a summary on two new tax bills, two revenue rulings that were published, and a discussion of the IRS announcement of National Research P...

What's Up Doc? Medical Reimbursement Plans from 2005-07-29T08:00

Postcast 8 on uninsured medical reimbursement plans--a structure that's not for everyone, but which is a perfect fit in the right situation.

Download the Listen

The $100,000 problem--Reportable and Listed Transactions from 2005-07-27T01:07

TaxUpdate goes Live! Podcast 007 dealing with reportable transactions and the penalty for failure to disclose added by last year's law.

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Employee Business Expenses and Accountable Plans (Fixed Audio) from 2005-07-24T12:49

Weekly show 6 dealing with employee business expenses and reimbursable plans per IRC Section 62(c). You should download the "...

Employee Business Expenses and Accountable Plans from 2005-07-22T22:00

Weekly show 6 dealing with employee business expenses and reimbursable plans per IRC §62(c). You should download the "handou...

First Thoughts on Strangi II 5th Circuit Decision from 2005-07-18T22:39

Show 5.5 (not a weekly show--kind of a "special report").

This show presents a "first day" view of the Strangi d...

Self Employed Health Insurance Deduction from 2005-07-16T01:30

Show number 5. The self-employed health insurance deduction under IRC Section 162(l) is covered by this podcast. The information for the podcast is found at Listen

State Residency Issues on Fiduciary Returns from 2005-07-08T23:45

This week's "regular" podcast (assuming two weeks make this regular) deals with how three states determine if a trust or estate is a resident or nonresident entity, as well as containing a discussi...

Spiffy Self-Employment Tax from 2005-07-05T20:02

Updated discussion of self-employment matters to cover matters raised by posters to Yahoo Groups' taxupdate discussion group. The IRS poster referenced is at: Listen

Self-Employment Tax and LLCs from 2005-07-02T16:00

The status of self-employment tax and limited liability companies. This a portion of a presented made at the Phoenix Tax Workshop. The Listen

Arizona Legislature Law Update from 2005-07-02T11:00

A summary of the tax laws passed and signed into law in the most recent Arizona legislature session, based on a summary presented to the Phoenix Tax Workshop. Yo...