Federal Tax Update Podcast

By: The Ohio Society of CPAs
  • Summary

  • Federal Tax Update Podcast Series
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Episodes
  • 2024-11-18 End of Partnership Suspense Account at the IRS
    Nov 15 2024

    This week we look at:

    • IRS may stop putting “taxpayer may rely” statements on proposed regulations
    • Tax Court rules partnership basis calculations are cumulative in nature and not stand-alone annual calculations under IRC §705
    • Latest speculations on what will get through Congress in 2025 - if anything
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    59 mins
  • 2024-11-11 Post Election Issue on Tax Bills and the Reconciliation Process
    Nov 9 2024

    This week we look at the rules involving the reconciliation process in Congress, the path that it appears most likely any tax bill enacted to deal with the expiration of many TCJA provisions at the end of 2025.

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    58 mins
  • 2024-11-04 Retirement Plan Inflation Numbers
    Nov 4 2024

    This week we look at:

    • Retirement plan limits announced by the IRS, basically completing the tax inflation adjustments for 2025
    • IRS emailed Chief Counsel Advice outlines dealing with SECA and the net investment income tax issues arising from a BBA partnership exam
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    43 mins

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