2025-02-24 BOI Developments Week

2025-02-24 BOI Developments Week

Author: The Ohio Society of CPAs February 23, 2025 Duration: 59:19

This week we look at:

  • Second Circuit Rules on Section 179D Deductions and Accounting Method Change
  • IRS Guidance on ACA Notice Posting
  • Court Case on CPA Negligence and Trust Return Penalties
  • BOI Reporting Requirement Updates

 


Produced by The Ohio Society of CPAs, the Federal Tax Update Podcast is a resource for accounting professionals and business owners navigating the complexities of U.S. tax law. This regular audio series cuts through the noise of legislative changes, IRS announcements, and court rulings to deliver clear, actionable analysis. Each episode focuses on the practical implications of new developments, translating dense regulatory language into understandable guidance that can be applied directly to client work or business strategy. The discussion moves beyond mere headlines, delving into the nuances of how these changes affect various entities, from individuals and small businesses to corporations and estates. It’s a tool for staying informed and compliant in a field where the rules are constantly shifting. By tuning into this podcast, you gain access to timely explanations that help demystify recent updates, anticipate potential pitfalls, and identify planning opportunities. The content is grounded in the real-world perspective of tax practitioners, making it an efficient way to stay current amidst a demanding schedule. Whether you're preparing for the upcoming filing season or advising clients on mid-year strategies, this series provides a focused update on the federal tax landscape, emphasizing accuracy and relevance for those who need reliable information without the sales pitch.
Author: Language: English Episodes: 100

Federal Tax Update Podcast
Podcast Episodes
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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: The Limits of the Unitary Business Doctrine for Sole…
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2026-04-27 No More 280E for State-Legal Medical Cannabis Businesses [not-audio_url] [/not-audio_url]

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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 Trade or Business Requirements The Tenth Circuit Codif…
2026-04-20 Final Regulations Issued on Qualified Tip Income [not-audio_url] [/not-audio_url]

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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 Reporting Thresholds and Wagering Losses (REG-113229-25) U.S.…
2026-03-23 Claim of Right and the Correct Tax Year [not-audio_url] [/not-audio_url]

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This week we look at: Corporate Capacity and State Law Revivor Digital Asset Identification Relief Interest and Bonus Depreciation Relief ERC Disallowances and Legal Standing Substantiation Rules for Emergency Vehicles P…
2026-03-16 Trump Account Proposed Regulations [not-audio_url] [/not-audio_url]

Duration: 1:04:23
This week we look at: Proposed Regulations for IRC Section 530A "Trump Accounts" IRC Section 6434 Trump Account Pilot Program Micro-Captive Scrutiny Formalized BBA Audits: Notice Defects and the Statute of Limitations
2026-03-09 Sir You Are About to Lose Your Passport [not-audio_url] [/not-audio_url]

Duration: 1:16:53
This week we look at: Fiduciary and Beneficiary Liability for Unpaid Estate Taxes Retroactive Entity Classification and Partnership Basis 2026 Passenger Auto Depreciation Limits Passport Certification & Victimization Def…
2026-02-23 Supreme Court Strikes Down Tariffs [not-audio_url] [/not-audio_url]

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This week we look at: Supreme Court Invalidates Executive Tariffs Under IEEPA Special Depreciation Allowance Under the OBBBA CAMT Adjustments and Relief Circuit Split on Third-Party Fraud Valuation and Penalties in Syndi…