93 episodes

Federal Tax Update Podcast Series

Federal Tax Update Podcast The Ohio Society of CPAs

    • News
    • 4.5 • 36 Ratings

Federal Tax Update Podcast Series

    2022-09-26 IRS News Releases Emphasizing Recent Guidance

    2022-09-26 IRS News Releases Emphasizing Recent Guidance

    This week we look at:
    IRS issues reminder on penalty relief deadline that makes some modifications IRS publishes another news release pushing the CCA on improper PPP loan forgiveness Copyright Kaplan, Inc.

    • 28 min
    2022-09-19 New PPP Loan Tax Guidance Appears

    2022-09-19 New PPP Loan Tax Guidance Appears

    This week we look at:
    IRS memorandum states that PPP loan forgiveness is taxable if taxpayer did not actually qualify for forgiveness granted AICPA adds to items requested for additional penalty relief under Notice 2022-36 Copyright, Kaplan, Inc.

    • 37 min
    2022 09 11 Proposed EARN Act

    2022 09 11 Proposed EARN Act

    This week we look at:
    Chair and Ranking Member of the Senate Finance Committee send Enhancing American Retirement Now (EARN) Act to the Senate floor IRS inadvertently makes Form 990-T data on non-§501(c)(3) organizations available for bulk download Reasonable cause for failure to file/pay does not include common financial challenges

    • 36 min
    2022-08-29 IRS Releases Penalty Relief

    2022-08-29 IRS Releases Penalty Relief

    This week we look at:
    Trust terms mean estate gets no deduction for marital or charitable contribution for specified payment value IRS provides for broad penalty relief for certain returns from 2019 to 2020 National Taxpayer Advocate publishes blog post explaining IRS penalty relief Copyright Kaplan, Inc.

    • 29 min
    2022-08-22 First IRA 2022 Guidance Released

    2022-08-22 First IRA 2022 Guidance Released

    This week we look at
    Inflation Reduction Act of 2022 signed into law on August 16, 2022 Information on electric vehicle for 2022 released by Treasury, IRS and Department of Energy Outline electric vehicle credit for remainder of 2022 and 2023 changes IRS releases sample Written Information Security Plan (WISP) for tax professionals

    • 29 min
    2022-08-14 Highlights of the Inflation Reduction Act of 2022

    2022-08-14 Highlights of the Inflation Reduction Act of 2022

    The House and Senate pass the Inflation Adjustment Act of 2022 and we look at some key provisions:
    Increase in funding at the IRS Continuation of 2021-2022 Premium Tax Credit Rules Tax credits on clean energy vehicles Expansion & extension of residential energy credits Credit transfer provisions Copyright, Kaplan, Inc.

    • 40 min

Customer Reviews

4.5 out of 5
36 Ratings

36 Ratings

Ssidawg73 ,

Such a great resource

I’m a sole practitioner and I really appreciate the info that you provide in this podcast. I listen to the podcast every week while I run and it helps keep me both entertained and informed. I definitely recommend for anyone who wants to keep up with the latest tax news.

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