Federal Tax Update Podcast

2026-08-31 When is Partnership Return Not a Return

This week we look at: Zero-Return Form 1065 Filings and the Beard Test (IRS CCA 202634014) Full Payment Rule & Presumption of Correctness -- Pellegrino v. United States

2026-08-24 Proposed Regulations Week

This week we look at: Form 1041-A Relief for Passthrough Charitable Deductions (REG-109082-25) Vested Development Rights & Easement Valuation — Malibu Valley Land v. Co

2026-08-17 Maybe State Law Limited Partner Isn't the Test for 1402a13

This week we look at: Unpacking the Saver's Match: Technical Guidance and Operational Frameworks Under Notice 2026-48 Harmonizing Section 3406 Backup Withholding with S

2026-08-10 IRS Guidance on Qualifed Overtime for 2026-2028

This week we look at: Transitioning Foreign Tax Allocations and Implementing the Ten Percent Credit Disallowance Under Section 960(d)(4) Trustee-to-Trustee Transfers of

2026-08-03 On Again Off Again On Again PLR

This week we look at: IRS Reinstates Tax Deferral on Variable Annuity Term Certain Options: Reconsideration and Reversal in PLR 202630002 Understanding the ERC Pleading

2026-07-27 AICPA New Interpretation on Indepdendence and Tax Engagements

This week we look at: Valuation of Remainder Interest Gifts Upon Trust Termination: State Law and Net Gift Adjustments in Lewis v. Commissioner Revenue Procedure 2026-2

2026-07-20 IRS Expands Business Tax Accounts

This week we look at: Partnership Recourse Rules: Conditional DROs will not establish EROL under § 1.752-2. Mileage Rate Adjustment: Business standard mileage rate rise

2026-07-13 A Week of Final Regulations

This week we look at: Transitioning from First Time Abate (FTA) to Automatic Exemption from Penalty (AEP) Strict Enforcement of Tax Refund Statutes of Limitations E

2026-07-06 ERC Cases Galore Week

This week we look at: Section 7508A(d) and Interest on Pre-COVID-19 Disaster Tax Deficiencies The Soroban Capital Partners SECA Tax Controversy Pleading Requirements fo

2026-06-29 OPR Releases Guidance on use of Generative AI

This week we look at: Nominal S Corporation Ownership and the Abuse Exception Recapping the ERC via Section 7405 Civil Actions Constructive Dividends, Formalities, and

2026-06-22 Qualified Opportunity Zone Interim Guidance for OBBBA

This week we look at: Relief from Ineffective S Corporation and QSub Elections Procedural and Jurisdictional Limits in Challenging IRS Guidance Medicaid Gross Receipts,

2026-06-15 Trusts and the New Section 68

This week we look at: Application of New Section 68 to Trusts and Estates Assessing the Risks of Hindsight in Late § 475(f)(1) Elections The Eradication of the 5% Safe 

2026-06-08 An Inconsistent Tale of Two ERC Court Rulings

This week we look at: Proposed Increase to Estate Tax Closing Letter User Fee Divergent Causation Standards for ERC Eligibility Valuation Extremes in Conservation Easem

2026-06-01 More Details on the Activation of Trump Accounts

This week we look at: Procedural Timeliness & Automatic Extensions Spousal IRA Rollovers Through Estates and Trusts Collateral Estoppel and the "Innocent" Spouse

2026-05-25 IRS Prepares to Challenge Kwong After Limited AOD on Abdo

This week we look at: Equitable Relief for Erroneous Tax Refunds: An Analysis of the Fourth Circuit's Reversal in LaRosa v. Commissioner Final Regulations Modify Info

2026-05-18 If a Client Claims Charitable Contributions You Must Understand the CWA Rules

This week we look at: Technical Analysis of the Proposed Regulations Establishing Excepted Fertility Benefits Analysis of the IRS Time-Limited Settlement Initiative for

2026-05-11 The Expensive Lost White Receipt and Certified Mailing

This week we look at: Syndicated Conservation Easements and the Valuation Conundrum: An Analysis of T.C. Memo. 2026-36 Analysis of Garcia-Rojas v. Franchise Tax Board:

2026-05-04 Treasury Previews Upcoming 280E Medical Marijuana Guidance

This week we look at: Reasonable Cause Relief Under the Small-Corporation Provision for Form 5472 Penalties Extending the Statute of Limitations for Disallowed ERC Clai

2026-04-27 No More 280E for State-Legal Medical Cannabis Businesses

This week we look at: Tax Implications of the Rescheduling of State-Licensed Medical Marijuana Disallowance of COVID-19 Leave Credits: A Review of Substantiation and Tr

2026-04-20 Final Regulations Issued on Qualified Tip Income

This week we look at: A Technical Analysis of the Final Section 224 Regulations on the Qualified Tip Deduction Analysis of Proposed Regulations on Information Reporti