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

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

Author: The Ohio Society of CPAs August 10, 2026 Duration: 1:02:20

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 Inherited IRAs Through an Estate: Technical Analysis of PLR 202631001
  • Federal Courts Lack APA Jurisdiction Over Foreign Gift Penalty Disputes: The Adequate Alternative Remedy Barrier
  • Sourcing Executive Termination Payments: Analyzing the Bifurcated Sourcing of Severance and RSUs in the Appeal of Otting
  • The Permanent Section 45S Paid Family and Medical Leave Credit: Analyzing the Statutory Wage Method Mechanics and the New Premium Method Under Notice 2026-28
  • The Tax Court Open Door: Why the BBA Partnership Petition Deadline Is Not Jurisdictional
  • Commingled Funds, Unsubstantiated Deductions, and the Binding Form of Transactions: A Technical Tax Analysis of Reed v. Commissioner
  • The Safe Harbor That Wasn't: Deconstructing the Anti-Abuse Rule in SIH Partners LLLP v. Commissioner
  • The Evolution of Qualified Overtime Compensation Deductions: Analyzing IRS Fact Sheet FS-2026-13 and Its Practical Implications

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: 50

Federal Tax Update Podcast
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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 Section 6050W De Minimis Reporting Thresholds The Hig…
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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 Standard: Federal Claims Court Deferral in I Health…
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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 rises to 76 cents on July 1, 2026. Business Tax Account:…