Podcast on finance, investing, money, wealth, and taxes.
Host Bernie Gartland reveals little to unknown or unused tax strategies for small businesses. With over 40 years as an attorney, and understanding, challenging and influencing the IRS Tax Codes, Bernie has a way to help you understand your options as well as create success strategies....
Rank #1: episode-2-sub-s-corporations.
Rank #2: episode-3-irs-code-179.
Federal Tax Update Podcast Series
Rank #1: 2018-05-07 Unreasonable Reliance.
Copyright 2018 Kaplan Inc.
Rank #2: 2018-04-09 Focus on States.
This week we look at the following developments: Supreme Court will shortly hear oral arguments in Wayfair case A number of states increase pressure on out of state sellers Idaho requires collection at $10,000 of sale from any seller that the Supreme Court doesn’t tell us lacks nexus in Wayfair Georgia adds a $200,000/200 transaction tattletale statute Oklahoma puts a $10,000 tattletale statute in place that also impacts referrers New York passes two TJCA SALT limitation workaround statutes - but do they work? IRS issues guidance on three TCJA topics on Monday, including 43 pages on Section 965 transition tax Copyright 2018, Kaplan, Inc.
Podcast by Rik Thakrar and Lee Wilson
Rank #1: Episode 1 - Branerton Corp. v. Commissioner, 61 T.C. 691 (1974).
In this episode, Rik Thakrar and Lee Wilson discuss Branerton Corp. v. Commissioner and the Tax Court's use of informal discovery.
Rank #2: Episode 6 - Higbee v. Commissioner, 116 T.C. 438 (2001)- Part 3.
In this episode, Rik Thakrar and Lee Wilson discuss Higbee v. Commissioner and burden shifting in Tax Court cases. This episode discusses several post-Higbee cases, including Griffith v. Commissioner, 315 F.3d 1017, H.V. Kohler Jr. v. Commissioner, T.C. Memo. 2006-152, and R. T. Murphy v. Commissioner, T.C. Memo. 2006-243.
The Tax Policy Podcast is the official podcast of the Tax Foundation, a non-partisan, non-profit research organization that has monitored tax policy at the federal, state and local levels since 1937. Our economists welcome your feedback via email: email@example.com.
Rank #1: William McBride on the History of Credits and Deductions.
The various credits, deductions, and loopholes in the tax code known collectively as “tax expenditures” have increased dramatically since the last major reform effort, and now account for almost twice the cost that they did in the early 1990s. In this episode, Tax Foundation chief economist William McBride discusses how that happened and what should be done now to reform the system. More information is available in Tax...
Rank #2: Jon Caldara on Gov. Hickenlooper's Tax Record in Colorado.
Independence Institute president Jon Caldara comments on Gov. John Hickenlooper's tax policy in Colorado and the findings of a public advisory panel that has claimed wide support for an income tax increase in the state.
Weekly update on federal income tax developments
Rank #1: 2018-10-28 Denied Deduction Not Excessive Fine.
Current Federal Tax Developments for the week of October 28, 2019: Denied Deduction Not an Excessive Fine 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 inadequateAn audio only version of the broadcast can be streamed or downloaded below: This week’s articles can be downloaded as a PDF from the link below:2018-10-28 Current Federal Tax Developments
Rank #2: 2018-04-23 Groundhog Day, the Tax Pros Version.
Current Federal Tax Developments for the week of April 23, 2018 - Groundhog Day, the Tax Pros Version. Current Federal Tax Developments is brought to you by the state CPA societies and Kaplan Professional Education. This week we look at the following items: IRS computer system failure ends up adding one extra day to tax season The Supreme Court heard oral arguments in the Wayfair case IRS gives details on blended rates to be used by fiscal year C corporations IRS issues the rates for valuing employer owned aircraft trips for the first half of 2018 The IRS clarifies how the repeal of the special alimony trust provision in TCJA will work The AICPA asks the IRS to reconsider its position on refunds of overpayments for those with remaining 965 transition tax installmentsAn audio version of this week's broadcast can be streamed or downloaded below. Articles related to this week's broadcast can be found the PDF you can download below.2018-04-23 Current Federal Tax Developments
Tax matters updated (hopefully) regularly
Rank #1: A Defining Moment-Brokerage Trade or Business.
The IRS has shown recent interest in disputing whether real estate agents meet the requirements to be treated as real estate professionals that can use the rules of §409(c)(7) to treat rental real estate under the standard passive activity rules rather than having such items automatically treated as passive. The IRS position is that since the law refers to a "brokerage" trade or business and such individuals generally are not licensed as real estate brokers they cannot qualify.In the case of Agarwal v. Commissioner, TC Summary 2009-29, the Tax Court did not agree with the IRS on that matter, instead allowing the taxpayer, who was a real estate agent who worked as an independent contractor under contract with a licensed brokerage firm, to qualify for §409(c)(7) treatment. The podcast also discusses a 2007 case where it was the IRS who was (successfully) arguing that you can't use state law licensing definitions when the issue was whether an bookkeeping and tax preparation firm that was not licensed as a CPA firm was a personal service corporation. In both of these cases, the Tax Court found that under the IRC we would look to the commonly understood definition of the terms, and that state licensing definitions did not control.Materials for this podcast can be found at http://www.edzollars.com/2009-03-09_RealEstate.pdf .The podcast is sponsored by Leimberg Information Services, located at http://www.leimbergservices.com .
Rank #2: Sharing the Credit-IRS Rules on Section 36 Provision.
Last year when Congress added the first-time homebuyer credit found in Section 36, they included the ability for unmarried individuals who jointly acquire a residence to allocate the credit among themselves, and gave the IRS the ability to write the rules to allow this to happen. In Notice 2009-12 the IRS has outlined those rules, and they proved to be very taxpayer friendly.The materials for the podcast can be downloaded at http://www.edzollars.com/2009-01-20_UnmarriedCredit.pdf .The podcast is sponsored by Leimberg Information Services, located on the web at http://www.leimbergservices.com .
Covers C (regular) corporate taxation and planning including taxation of shareholders
Rank #1: How Much to Tell--Adequate Disclosure and Section 6501(e) - Ed Zollars.
This PodCast uses the case of Benson v. Commissioner, TC Memorandum 2006-55, to examine the issue of what constitutes adequate disclosure under Section 6501(e)(1)(A)(ii) for purposes of avoiding the otherwise mechanical application of an extended six year statute on substantial underpayments. In this case, which the taxpayer ends up losing, the Court considers to what extent disclosures on other returns can "make up" for items not disclosed directly on the individual return.The text file for this podcast can be downloaded from http://www.edzollars.com/2006-04-08_Adequate_Disclosure.pdf.This Podcast is sponsored by Leimberg Information Services, Inc. at http://www.leimbergservices.com Please visit our software, books, and PowerPoint Presentations site at http://www.leimberg.com
Rank #2: Whose Debt Is It Anyway? S Corporations and Loans from Related Entities - Ed Zollars.
This Podcast is about loans, S Corporations, and reality engineering. 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. Commissioner managed to step on a shareholder debt/basis mine twice in two consecutive IRS exams. In this case, the shareholders attempted to argue that loans from a partnership they controlled were actually loans to them from the partnership, followed by loans to the corporation.Or, to put it more correctly, their CPA attempted to argue that. One of the problems in this case, beyond the simple fact that the form of the transaction (which the taxpayers had control over) did not agree with what they were arguing was the true substance, was the fact that neither the taxpayers nor their inside accountant were treating these loans as if they had traveled that indirect route. The case points up the dangers of attempting to "after the fact" correct client missteps--and especially continuing to do it for multiple years.The materials for this podcast are found at http://edzollars.com/2006-04-29_Debt.pdf.This Podcast is sponsored by Leimberg Information Services, Inc. at http://www.leimbergservices.com Please visit our software, books, and PowerPoint Presentations site at http://www.leimberg.com
Rank #1: Federal Tax Update 2017- 12- 26.
Tax Court rules on use of “reasonable compensation” guaranteed paymentsAutomatic late portability election made available by the IRSCPAR regime proposed rules issuedCongress ends the year with major legislation
Rank #2: Federal Tax Update - 2016-11-7.
Section: Security New Phishing Email Masquerades as e-Services Security Notice and Then Steals the Professional's CredentialsSection: 409A Addition of 25% Employer Match to Delay Receipt of Salary Found to Create Substantial Risk of...
Covers many types of retirement plans
Rank #1: Bob Keebler on Asset Protection Planning for IRA Accounts.
In this podcast, Bob Keebler discusses strategies for assuring that IRA assets are preserved for the client's intended beneficiaries. This Podcast is sponsored by Leimberg Information Services, Inc. at http://www.leimbergservices.com Please visit our software, books, and PowerPoint Presentations site at http://www.leimberg.com
Rank #2: Keebler - 401(k) to Roth IRA Conversions .
Bob Keebler discusses what you need to know when considering a conversion to a ROTH IRA. This Podcast is sponsored by Leimberg Information Services, Inc. at http://www.leimbergservices.com Please visit our software, books, and PowerPoint Presentations site at http://www.leimberg.com
Join Eric L. Green with Tax Rep Network and build your practice. Navigate the ins-and-outs of IRS Collections, Offers-in-Compromise, Reducing IRS Penalties, etc. Turn this hottest of growth areas into a revenue stream for your practice and help hundreds of people resolve their worst nightmare!
Rank #1: 39. How to 10X Your Practice: A Conversation with Dominique Molina by Tax Rep Network.
In this week’s episode Eric speaks with Dominique Molina, the founder of the American Institute of Certified Tax Planners where she coaches tax professionals on how to deliver a higher level of tax reduction services. In this episode Dominique and Eric discuss how to increase revenue through focusing your practice and value billing, as well as the concrete steps to take to accomplish this goal. Contact Dominique Molina: http://CertifiedTaxPlanners.com
Rank #2: 53. Tax Transcripts: An Interview with Roger Nemeth from Tax Help Software by Tax Rep Network.
Tax transcripts are the life blood of any tax professional representing taxpayers before the IRS. In this week’s episode Eric sits down with Roger Nemeth, the founder of Tax Help Software which revolutionized the obtaining of Tax Transcripts from the IRS and changed the way tax rep pros practice forever. During the program Eric and Roger discuss not how we got to where we are, but all the benefits of transcripts you probably do not even know about, like tax returns being flagged for an exam on the transcript six months before the letter comes out! Listen in and learn just how you can make better use of transcripts, get out ahead of the IRS, and even make way more money saving taxpayer lives!
The Taxcast is a 30 minute monthly radio show from the Tax Justice Network packed with the latest news, scandal, research and unique analysis of events in the world of financial corruption and tax dodging, exploring the most challenging ethical and economic issues of our times. It features news headlines, unique expert analysis you won't find anywhere else and a mini-documentary.
Rank #1: The Taxcast: March 2018 .
In this month's Taxcast: They say history is written by the victors. So how can we rethink the way we use words about tax havens that reflect the reality of what's really happening? We talk to Alain Deneault about his new book in which he writes about laundering with language - Legalising Theft, a short guide to tax havens. Plus: we discuss the poisoning of a former Russian spy and his daughter on British soil and how by welcoming oligarchs with no questions asked, the City of London has compromised democracy and ushered in an era of oppression, criminality and impunity. And also, how US President Trump's tax reforms have awarded tax write-offs for private jet owners.
Rank #2: The Taxcast: August 2017.
In the August 2017 Taxcast: #10yearsafter the crash we ask - what will the next one look like? Can we avoid it? Also: Panama Papers fallout - another Prime Minister bites the dust, this time in Pakistan the offshore law firm Mossack Fonseca has closed 39 of its 45 offices around the world a UK court ruling spells the end for ‘employee benefit trusts’ being used by footballers to minimise their tax bills and the Bank Of England Governor has predicted Britain’s financial sector could double in size in the next 25 years. Has he not heard of the finance curse?
Talking Tax, from Bloomberg Tax, covers tax issues from Capitol Hill and the IRS, to the courts.
Rank #1: How Are States Taxing the Income Called GILTI?.
The federal tax on a category of income called GILTI—global intangible low-taxed income—has state-level implications for multinational businesses.Congress created GILTI to stop companies from shifting profits abroad through intangible assets—royalties, patents, and the like. When a company’s total overseas income has been taxed abroad at less than a certain rate, the U.S. applies a tax.In the U.S., state governments often conform their own tax laws to the federal tax code. But with GILTI, states are all over the map. For most states it means a very modest increase in their corporate tax base, but for companies it can mean dealing with multiple approaches and calculations. And there’s talk of legal challenges.Talking Tax host Siri Bulusu talked about GILTI with Bruce Fort, counsel to the Multistate Tax Commission, who has an eagle’s-eye view of what the states are doing. They spoke at the American Bar Association tax section’s fall meeting in San Francisco.
Rank #2: Talking Tax- Episode 67- PwC's Pam Olson Provides Status Update on Tax Law Rules.
The IRS faces a long list of tasks if it plans to complete all of the items on its priority guidance plan to implement the new tax law.The Internal Revenue Service has highlighted several projects, including the pass-through deduction under tax code Section 199A and new international base erosion measures, to address by June 30, the end of the agency's business year.Pam Olson, the U.S. deputy tax leader and Washington National Tax Services practice leader at PricewaterhouseCoopers LLP, joined Talking Tax host Allyson Versprille on April 20 to discuss the status of regulations for the 2017 tax act (Pub. L. No. 115-97) and what taxpayers and practitioners should expect this summer. Before joining PwC, Olson was assistant secretary for tax policy at the Treasury Department.It may be difficult for the government to meet that end-of-June target if history is any indication, according to Olson. The IRS and Treasury have made good progress so far with guidance on the repatriation tax on foreign earnings and profits and the new limitation on the deductibility of business interest expense, she said.
Growing Your Firm is the Top Podcast for Ambitious Firm Owners to find tips, tactics, and strategies on how to Grow their Firm (or practice!). In this podcast we'll be interviewing Top Thought Leaders in Accounting, Tax, Bookkeeping, Practice Management, Marketing, Social Media, Succession Planning, Partner Relations, Pricing, and much more.
Rank #1: Starting a 6 figure bookkeeping business in 7 days with Meryl Johnston.
Meryl is the co-founder of BeanNinjas, which: Focus on growing your business. We'll count the beans! Cloud-based, fixed fee bookkeeping and support with the beautiful XERO software. Our specialty is online businesses including, e-commerce, SaaS, bloggers, coaches and digital agencies that operate in more than one country/currency. Currently operating in Australia, New Zealand, Canada, USA, and United Kingdom. We also lodge GST (Australia, NZ and Canada), sales tax (US), and VAT (UK). Bean Ninjas material on this page has been prepared for general informational purposes only and is not intended to be relied upon as accounting, tax, or other professional advice. Please refer to our advisors for specific advice.
Rank #2: Chapter 1: Increasing Efficiency to Increase Capacity.
The Essentials on State Business Taxation. A podcast series providing what you need to know to operate effectively in a particular state.
The Essentials of Alaska Corporate Income Tax
Overview of Alaska corporate income tax and how to operate effectively, featuring Susan Ryan, Senior Manager, Deloitte Tax LLP, and our host, Jim Wetzler, Director, Deloitte Tax LLP.
Audits and Appeals Best Practices
Listen to learn about state tax audits and appeals. This Statements episode features Jeff Blum, Deloitte Tax LLP, and our host, Jim Wetzler, director, Deloitte Tax LLP.
Introducing KPMG's TWIST This Week in State Tax, a new tool from KPMG's State and Local Tax practice to help keep you up to date on the latest in state and local tax. TWIST features a series of short podcasts hosted by our Washington National Tax professionals who will cover state and local tax developments dating from the previous week.
Rank #1: NYC: General corporation tax imposed on non-unitary corporate partner's sale of an LLC interest.
The NY City Tax Appeals Tribunal recently held that City General Corporation Tax applied to capital gains from the sale of a minority interest in an LLC.
Rank #2: Missouri: Sales and use tax refund claim barred by statute of limitations.
Recently, the Missouri Supreme Court ruled in the Department of Revenue’s favor in a case addressing whether a sales and use tax refund claim was timely filed.