2026-08-24 Proposed Regulations Week

2026-08-24 Proposed Regulations Week

Author: The Ohio Society of CPAs August 24, 2026 Duration: 1:09:31

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. Commissioner
  • First Circuit Bars Equitable Tolling of Section 6213(a) — Kyick Holdings v. Commissioner
  • PRWORA Immigration Restrictions on Refundable Credits (REG-119882-25)
  • Single-Employer DB Pension Funding Proposed Regulations (REG-107855-25)
  • Excluded Property Sales Income Under Section 250 (REG-117130-25)
  • Section 163(j) Business Interest Limitation Update — Fact Sheet FS-2026-14
  • Doug LaMalfa Federal Disaster Tax Relief Certainty Act (H.R. 5366)
  • IRS Ends Uniform Easement Settlement Initiative, Creates Office of Conservation Easements
  • Trump Account Eligible Investment Rules — Proposed Regulations (RIN 1545-BS14)

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
Podcast Episodes
2026-05-04 Treasury Previews Upcoming 280E Medical Marijuana Guidance [not-audio_url] [/not-audio_url]

Duration: 1:01:03
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 Claims Legislative Update: House Passes Comprehensive Ta…
2026-04-27 No More 280E for State-Legal Medical Cannabis Businesses [not-audio_url] [/not-audio_url]

Duration: 1:11:25
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]

Duration: 43:55
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]

Duration: 1:21:32
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]

Duration: 1:17:26
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…
2026-02-16 Hallucinations Enter the Tax Court [not-audio_url] [/not-audio_url]

Duration: 1:24:00
This week we look at: TEFRA Jurisdiction and the "Limited Partner" Exception Artificial Intelligence and Substantiation Section 183 Profit Motive Rebate vs. Nonrebate Refunds Substantiation and Civil Fraud Consolidated R…