This week we’re covering the basics of restricted stock units including the disposition of stock acquired through restricted stock units and basis issues.

Tax deal funded by ERC claimant and promoter penalties and limiting new applications

Jan 23rd, 2024 4m 12s

This week we’re covering the new tax deal that’s in the works and how it’s tied to the Employee Retention Credit.

Jan 12th, 2024 3m 51s

This week we’re covering the IRS’s online portal for filing 1099s and some tips for using it.

IRS business tax account system expanded

Jan 8th, 2024 3m 8s

This week we’re covering recent updates to the IRS’s new business tax account system.

Key nonconformity issues for 2023 returns

Jan 6th, 2024 4m 11s

This week we’re covering some key California nonconformity issues for 2023 returns.

The basics of §529 plans

Dec 30th, 2023 4m 29s

This week we’re covering §529 plan basics regarding contributions, distributions, and which expenses qualify.

When are limited partners subject to self-employment tax?

Dec 21st, 2023 4m 11s

This week we’re covering a recent Tax Court case that looked at the applicability of self-employment tax to limited partners.

Clean vehicle credits available through dealerships

Dec 19th, 2023 4m 41s

This week we’re discussing the clean vehicle credits that are available through dealerships.

Interplay and overlap of 1099-Ks and 1099-NECs

Dec 9th, 2023 5m 17s

This week we’re covering Forms 1099-NEC and 1099-K and the issues that can arise when certain payments appear on both of these forms.

Beneficial ownership reporting requirement is approaching

Dec 4th, 2023 4m 21s

This week we’re covering the beneficial ownership reporting requirement which starts January 1, 2024, for certain entities formed in 2024.

Using a durable power of attorney for tax matters

Nov 22nd, 2023 3m 54s

This week we’re covering durable powers of attorney and when they may apply to represent a taxpayer in federal tax matters.

Year-end considerations for HSAs and FSAs

Nov 21st, 2023 4m 14s

This week we’re covering some things to keep in mind for taxpayers who have an HSA or an FSA, as the end of the year approaches.

Harvesting capital gains and losses

Nov 14th, 2023 3m 51s

This week we’re discussing planning tips for leveraging capital gains and losses.

Understanding the basics of reverse mortgages

Nov 6th, 2023 4m 11s

This week, we’re covering the basics of reverse mortgages, such as the types available, eligibility requirements, and more.

Small estates get second bite at the portability election apple

Oct 30th, 2023 4m 23s

This week we’re covering the time period for filing an estate tax return only for the purpose of making a portability election.

IRS Tax Pro Account features update

Oct 23rd, 2023 3m 13s

This week we’re covering some expanded features to the IRS’s Tax Pro Account system.

Podcast: Clean vehicle credit guidance issued

Oct 16th, 2023 4m 27s

This week we’re covering the recently issued Clean Vehicle Credit guidance that addressed several open questions.

Podcast: Gift tax return questions answered

Oct 6th, 2023 4m 58s

This week we’re covering some common questions we receive regarding gift tax returns.

Planning ahead for sunsetting TCJA provisions

Oct 2nd, 2023 4m 13s

This week we’re discussing some planning tips for certain Tax Cuts and Jobs Act provisions that will be sunsetting in 2025.

Long-awaited guidance issued on IRC §174 research expenses

Sep 25th, 2023 5m 7s

This week we’re covering recent guidance from the IRS that answers many of the questions practitioners have been asking about research-related expenses.