Taxing Topics Withum

Join us as we examine the impact of the Farhy Case on the IRS's penalty notice procedure and what it means for taxpayers. We'll also discuss IRS Form 5471 filing requirements, and taxpayer obligations to disclose foreign shareholdings, assets, and transactions.

Listen into Withum’s Kimberlee Phelan and Angela Pulaski and guests Brett Starkman and David Kerzner discuss the many tax factors and considerations of doing business in Canada.  

In July 2022, the IRS issued a simplified method for taxpayers to obtain an extension to make a portability election. This new publication, Rev. Proc. 2022-3,2022-1 IRB 144 has superseded the 2017 publication, Rev. Proc. 2017-34,2017-26 IRB 1282. As a result, eligible estates now have up to five years after the death of the deceased spouse to elect portability.

Listen into Withum’s Calvin Yung and Rajesh Tripathi and guest speakers Ambassador Atul Keshap and John Campanella discuss doing business in India.

Listen into Withum’s Calvin Yung and Rajesh Tripathi and guest speakers Renato Sella and Marcela Ejnisman discuss doing business in Brazil.

Listen into Withum’s Chaya Siegfried and guest speakers Jason Mariarathanam and Jesse Campanaro discuss doing business in the Netherlands.