Tax Season Kickoff

Federal Tax Updates

Player FM - Internet Radio Done Right

تمت الإضافة منذ قبل two أعوام

المحتوى المقدم من Earmark Media, Roger Harris, EA, Annie Schwab, and CPA. يتم تحميل جميع محتويات البودكاست بما في ذلك الحلقات والرسومات وأوصاف البودكاست وتقديمها مباشرة بواسطة Earmark Media, Roger Harris, EA, Annie Schwab, and CPA أو شريك منصة البودكاست الخاص بهم. إذا كنت تعتقد أن شخصًا ما يستخدم عملك المحمي بحقوق الطبع والنشر دون إذنك، فيمكنك اتباع العملية الموضحة هنا https://ar.player.fm/legal.

Tag Team Talent Podcast

1
Tag Team Talent Bonus Show #1 "Mack & Jamie" 5:37

منذ 8 أيام5:37

التشغيل لاحقا

قوائم

إعجاب

احب

5:37

Great short Bonus Show for all our loyal podcast fans. This week a tremendous comedy team shares comedy and music...it's "Mack & Jamie" , stars of TV's "Comedy Break"; sharing loads of musical humor. Enjoy!

منذ عام واحد 55:59

MP3•منزل الحلقة

Sponsors
Padgett - Contact Padgett or Email Jeff Phillips

(00:00) - Welcome to Federal Tax Updates
(01:27) - Weather Woes and Tax Season Kickoff
(02:09) - Political Landscape and Tax Legislation
(03:20) - Tax Cuts and Jobs Act Discussion
(06:38) - One Bill vs. Two Bills Debate
(13:47) - BOI Updates and Legal Battles
(24:48) - Employee Retention Credit Issues
(29:44) - Taxpayer Advocate's Annual Report Insights
(31:47) - Persistent IRS Issues and Proposed Solutions
(33:18) - Regulating Tax Preparers: A Growing Need
(37:21) - Preparing for the Upcoming Tax Season
(41:01) - Client Management and Workload Optimization
(45:21) - Research Tools and Online Resources
(55:10) - Conclusion and Upcoming Topics

Get NASBA Approved CPE or IRS Approved CE
Launch the course on EarmarkCPE to get free CPE/CE for listening to this episode.

Connect with the Roger and Annie on LinkedIn
https://www.linkedin.com/in/rogerharrispbs/
https://www.linkedin.com/in/annie-schwab-852418261/

Review
Leave a review on Apple Podcasts or Podchaser

Subscribe
Subscribe to the Federal Tax Updates podcast in your favorite podcast app!

This podcast is a production of the Earmark Media

55 حلقات

#Business News #Higher Education #News #Earmark Media #Annie Schwab #CPA #Tax #Federal Tax #Certified Public Accountant #Enrolled Agents #Accounting #Tax Code #Podcasting Education #IRS #CPE #Federal Tax Updates #Tax Updates

Federal Tax Updates

Tax Season Kickoff

Federal Tax Updates

published منذ عام واحد

MP3•منزل الحلقة

Sponsors
Padgett - Contact Padgett or Email Jeff Phillips

(00:00) - Welcome to Federal Tax Updates
(01:27) - Weather Woes and Tax Season Kickoff
(02:09) - Political Landscape and Tax Legislation
(03:20) - Tax Cuts and Jobs Act Discussion
(06:38) - One Bill vs. Two Bills Debate
(13:47) - BOI Updates and Legal Battles
(24:48) - Employee Retention Credit Issues
(29:44) - Taxpayer Advocate's Annual Report Insights
(31:47) - Persistent IRS Issues and Proposed Solutions
(33:18) - Regulating Tax Preparers: A Growing Need
(37:21) - Preparing for the Upcoming Tax Season
(41:01) - Client Management and Workload Optimization
(45:21) - Research Tools and Online Resources
(55:10) - Conclusion and Upcoming Topics

Get NASBA Approved CPE or IRS Approved CE
Launch the course on EarmarkCPE to get free CPE/CE for listening to this episode.

This podcast is a production of the Earmark Media

55 حلقات

كل الحلقات

Federal Tax Updates

1
IRS Upheaval: Staff Cuts, BOI Updates, and Filing Season Insights 55:53

منذ 12 يومًا55:53

55:53

Sponsors Padgett - Contact Padgett or Email Jeff Phillips Roger and Annie explore major changes affecting tax professionals in early 2024, including significant staffing changes at the IRS and ongoing uncertainty around Beneficial Ownership Information (BOI) reporting requirements. They break down the new 1099-K reporting thresholds and explain how to handle various transaction types, from business payments to personal item sales. The hosts also discuss current legislative proposals and share practical insights for handling common client questions about taxable income and deductions during tax season. {campaign_start}} (00:00) - Welcome to Federal Tax Updates (02:30) - Tax Reform and Legislative Updates (07:05) - IRS Hiring and Workforce Changes (13:12) - Beneficial Ownership Reporting Updates (20:34) - Employer Retention Credit Updates (23:42) - 1099K Reporting Changes (30:15) - Understanding Ticket Transactions (31:39) - Client Misconceptions and IRS Blame (33:27) - Filing Season Insights (38:46) - Common Tax Questions (49:32) - Proposed Tax Legislation (54:03) - Conclusion and Final Thoughts Get NASBA Approved CPE or IRS Approved CE Launch the course on EarmarkCPE to get free CPE/CE for listening to this episode. Connect with the Roger and Annie on LinkedIn https://www.linkedin.com/in/rogerharrispbs/ https://www.linkedin.com/in/annie-schwab-852418261/ Review Leave a review on Apple Podcasts or Podchaser Subscribe Subscribe to the Federal Tax Updates podcast in your favorite podcast app! This podcast is a production of the Earmark Media…

Federal Tax Updates

1
IRS Funding, Tax Gaps, and Modern Tech 56:25

منذ 26 يومًا56:25

56:25

Former IRSAC Chair Annette Nellen joins Roger and Annie to discuss critical challenges facing the IRS and tax administration. The conversation explores the growing tax gap, the importance of consistent IRS funding, and efforts to modernize taxpayer services through online accounts and digital solutions. The discussion also delves into proposals for tax preparer regulation, continuing education requirements for enrolled agents, and the complexities of implementing cryptocurrency reporting requirements. Sponsors Padgett - Contact Padgett or Email Jeff Phillips (00:00) - Welcome to Federal Tax Updates (01:35) - Introducing Special Guest Annette Nellen (02:26) - Understanding the ERSAC Annual Report (05:40) - Deep Dive into the Tax Gap (07:52) - IRS Funding and Its Impact (19:04) - Tax Literacy and Education Challenges (25:48) - Modernizing the IRS and Funding (30:33) - IRS Hiring Challenges and Misconceptions (31:48) - Impact of Potential Hiring Freeze (33:28) - IRS Strategic Operating Plans and Online Accounts (36:50) - Technological Advancements and Challenges (43:44) - Practice Management and Professional Development (47:48) - Regulating Tax Return Preparers (52:17) - Digital Currency and Cryptocurrency Regulations (55:19) - Conclusion and Final Thoughts Connect with Annette Nellen https://www.linkedin.com/in/annette-nellen-7448824 IRSAC Report https://www.irs.gov/pub/irs-pdf/p5316.pdf Get NASBA Approved CPE or IRS Approved CE Launch the course on EarmarkCPE to get free CPE/CE for listening to this episode. Connect with the Roger and Annie on LinkedIn https://www.linkedin.com/in/rogerharrispbs/ https://www.linkedin.com/in/annie-schwab-852418261/ Review Leave a review on Apple Podcasts or Podchaser Subscribe Subscribe to the Federal Tax Updates podcast in your favorite podcast app! This podcast is a production of the Earmark Media…

Federal Tax Updates

1
Tax Season Kickoff 55:59

منذ 6 weeks55:59

55:59

Roger and Annie dive into the complex political dynamics shaping potential tax reform in 2025, breaking down the strategic implications of pursuing one comprehensive bill versus two separate pieces of legislation. They provide critical updates on the ever-changing BOI regulations, including recent court injunctions and what practitioners should do while awaiting final resolution. The episode concludes with practical advice for tax professionals preparing for the upcoming tax season, covering everything from research tools and client management to pricing strategies and work-life balance. Sponsors Padgett - Contact Padgett or Email Jeff Phillips (00:00) - Welcome to Federal Tax Updates (01:27) - Weather Woes and Tax Season Kickoff (02:09) - Political Landscape and Tax Legislation (03:20) - Tax Cuts and Jobs Act Discussion (06:38) - One Bill vs. Two Bills Debate (13:47) - BOI Updates and Legal Battles (24:48) - Employee Retention Credit Issues (29:44) - Taxpayer Advocate's Annual Report Insights (31:47) - Persistent IRS Issues and Proposed Solutions (33:18) - Regulating Tax Preparers: A Growing Need (37:21) - Preparing for the Upcoming Tax Season (41:01) - Client Management and Workload Optimization (45:21) - Research Tools and Online Resources (55:10) - Conclusion and Upcoming Topics Get NASBA Approved CPE or IRS Approved CE Launch the course on EarmarkCPE to get free CPE/CE for listening to this episode. Connect with the Roger and Annie on LinkedIn https://www.linkedin.com/in/rogerharrispbs/ https://www.linkedin.com/in/annie-schwab-852418261/ Review Leave a review on Apple Podcasts or Podchaser Subscribe Subscribe to the Federal Tax Updates podcast in your favorite podcast app! This podcast is a production of the Earmark Media…

Federal Tax Updates

1
Crypto for Tax Pros 1:08:39

منذ 8 weeks1:08:39

1:08:39

Crypto tax expert Amir Marmar of JFDI Accountants breaks down the complexities of cryptocurrency taxation and shares guidance on when tax professionals should handle crypto cases themselves versus partnering with specialists. He explains key concepts like wallet-level reporting requirements coming in 2025, the challenges of DeFi and staking transactions, and why traditional tax software may not be enough for complex crypto cases. This episode provides practical insights for tax professionals on evaluating crypto clients and understanding the latest IRS guidance, including Revenue Procedure 2024-28's move away from universal accounting methods. Sponsors Padgett - Contact Padgett or Email Jeff Phillips (00:00) - Welcome to Federal Tax Updates (01:56) - Amir Marmar's Background and Expertise (03:04) - Crypto Accounting Challenges and Success Stories (07:49) - Crypto-Friendly Government Policies (14:06) - Understanding Crypto Wallets (23:36) - Blockchain Basics and Tax Implications (29:38) - Complexities in Crypto Taxation (37:19) - Understanding Lending Protocols and Tax Implications (39:24) - Exploring Staking and Its Tax Considerations (41:11) - Liquidity Pools and Market Making (43:01) - Challenges in Crypto Accounting (44:11) - IRS Guidance and Tax Positions (46:02) - The Role of Tax Professionals in Crypto (49:39) - Steps for Successful Crypto Tax Engagements (52:50) - Upcoming Changes in Crypto Tax Reporting (01:04:53) - Contacting JFDI for Crypto Tax Help Connect with Amir https://www.jfdiaccountants.com/ https://www.linkedin.com/in/amir-marmar-20b76726 Get NASBA Approved CPE or IRS Approved CE Launch the course on EarmarkCPE to get free CPE/CE for listening to this episode. Connect with the Roger and Annie on LinkedIn https://www.linkedin.com/in/rogerharrispbs/ https://www.linkedin.com/in/annie-schwab-852418261/ Review Leave a review on Apple Podcasts or Podchaser Subscribe Subscribe to the Federal Tax Updates podcast in your favorite podcast app! This podcast is a production of the Earmark Media…

Federal Tax Updates

1
Achieve 10X Growth for Your Firm: The Firm Owner's Playbook 52:55

منذ 10 weeks52:55

52:55

Three successful accounting firm owners share their journeys from small practices to achieving 10X revenue growth. Through candid conversations about hiring strategies, systemization, and community support, these Padgett franchise owners reveal practical insights for scaling an accounting practice. Their experiences highlight how strategic hiring, building scalable systems, and embracing a growth mindset transformed their firms from six-figure to multi-million dollar enterprises. Webinar Speakers Jeff Phillips - https://www.linkedin.com/in/jeffaccountingfly Janet Kaup - https://www.linkedin.com/in/janet-kaup-2238643 Jeff Darley - https://www.linkedin.com/in/jeff-darley-77839b2 Tom Friedel - https://www.linkedin.com/in/tom-friedel-cpa-ab71435 Get NASBA Approved CPE or IRS Approved CE Launch the course on EarmarkCPE to get free CPE/CE for listening to this episode. Review Leave a review on Apple Podcasts or Podchaser Subscribe Subscribe to the Federal Tax Updates podcast in your favorite podcast app! This podcast is a production of the Earmark Media…

Federal Tax Updates

1
Tax Season 2025: Changes, Challenges, and Uncertainties 50:33

منذ 12 weeks50:33

50:33

Annie and Roger discuss crucial tax updates as 2024 draws to a close, including the recent injunction against beneficial ownership reporting requirements, the evolving landscape of ERC claims processing, and changes to the clean vehicle credit program. They examine how the recent election results might impact tax policy, particularly regarding the Tax Cuts and Jobs Act provisions set to expire. They also provide practical guidance for tax practitioners preparing for the 2025 filing season, addressing important changes to 1099-K reporting thresholds and IP PIN requirements. Sponsors Padgett - Contact Padgett or Email Jeff Phillips (00:00) - Federal Tax Updates Episode 44 (02:35) - 2025 Tax Season Preparation (05:12) - Tax Rates and Deductions for 2024 (09:17) - Business Tax Considerations (11:40) - Post-Election Tax Policy Changes (17:16) - IRS Updates and New Policies (20:52) - 1099-K Reporting Changes (24:35) - Clean Vehicle Credit (26:46) - Understanding the Dealer Credit Loophole (27:39) - Navigating EV Tax Credits (31:01) - IRS Processing and Challenges (36:35) - Potential Changes in IRS Leadership (43:17) - Beneficial Ownership Reporting Injunction (49:12) - Conclusion and Final Thoughts Get NASBA Approved CPE or IRS Approved CE Launch the course on EarmarkCPE to get free CPE/CE for listening to this episode. Connect with the Roger and Annie on LinkedIn https://www.linkedin.com/in/rogerharrispbs/ https://www.linkedin.com/in/annie-schwab-852418261/ Review Leave a review on Apple Podcasts or Podchaser Subscribe Subscribe to the Federal Tax Updates podcast in your favorite podcast app! This podcast is a production of the Earmark Media…

Federal Tax Updates

1
Post-Election Tax Landscape 53:15

منذ 15 weeks53:15

53:15

Capitol Hill insider Thad Inge joins Roger Harris to unpack how the election results could reshape major tax policy decisions in 2024 and beyond. The discussion explores the potential fate of expiring Trump-era tax cuts, the future of IRS funding, and the complex political dynamics that will influence tax reform under Republican control. Thad provides unique insights into the budget reconciliation process, key congressional players, and offers tax practitioners valuable context on potential legislative changes and political realities that could affect their practice and clients. Sponsors Padgett - Contact Padgett or Email Jeff Phillips (00:00) - Thad Inge Joins Roger for Federal Tax Updates (01:57) - Election Impact on Tax Policy (05:03) - Republican Strategies and Budget Reconciliation (09:23) - Deficit Debates and Revenue Raising (20:42) - Key Players in Tax Reform in Congress (26:21) - IRS Funding and Future Outlook (32:58) - Commissioner Werfel's Tenure and Challenges (39:16) - Beneficial Ownership Reporting (47:58) - Senate Office Transitions (52:28) - Conclusion and Future Outlook Get NASBA Approved CPE or IRS Approved CE Launch the course on EarmarkCPE to get free CPE/CE for listening to this episode. Connect with Thad Inge LinkedIn: https://www.linkedin.com/in/thad-inge-9342155 Website: https://www.vsadc.com/ Connect with the Hosts on LinkedIn Roger Harris Annie Schwab Review Leave a review on Apple Podcasts or Podchaser Subscribe Subscribe to the Federal Tax Updates podcast in your favorite podcast app! This podcast is a production of the Earmark Media The full transcript for this episode is available by clicking on the Transcript tab at the top of this page All content from this podcast by SmallBizPros, Inc. DBA PADGETT BUSINESS SERVICES is intended for informational purposes only.…

Federal Tax Updates

1
1099-K Thresholds, Crypto Reporting, and the Future of IRS Filing 51:18

منذ 17 weeks51:18

51:18

Special guest Wendy Walker, VP of Regulatory Affairs at Sovos and Chair of IRSAC's Information Reporting Committee, breaks down the latest developments in 1099-K reporting thresholds and the upcoming 1099-DA form for digital assets. The discussion explores the practical challenges facing tax professionals as payment platforms struggle with reporting requirements, while also examining how the IRS is modernizing its systems to handle electronic filing. Sponsors Padgett - Contact Padgett or Email Jeff Phillips (00:00) - Welcome to Federal Tax Updates (02:04) - Special Guest Introduction: Wendy Walker (03:14) - Discussion on IRS Advisory Council and Information Reporting (04:28) - Deep Dive into 1099K Reporting (05:43) - Challenges and Uncertainties in 1099K Reporting (08:46) - Impact on Taxpayers and Tax Professionals (11:43) - Platform Issues and Reporting Complexities (25:12) - IRS Matching and Compliance (27:07) - Future of Electronic 1099s (29:24) - New 1099 DA Form Explained (30:10) - Challenges with Current Reporting (32:22) - Future of Cryptocurrency Reporting (40:36) - IRS Modernization Efforts (50:48) - Wrap Up and Future Plans Get NASBA Approved CPE or IRS Approved CE Launch the course on EarmarkCPE to get free CPE/CE for listening to this episode. Connect with Wendy Walker https://www.linkedin.com/in/wendy1099 Connect with the Hosts on LinkedIn https://www.linkedin.com/in/rogerharrispbs/ https://www.linkedin.com/in/annie-schwab-852418261/ Review Leave a review on Apple Podcasts or Podchaser Subscribe Subscribe to the Federal Tax Updates podcast in your favorite podcast app! This podcast is a production of the Earmark Media…

Federal Tax Updates

1
What You Need to Know About Beneficial Ownership Information Reporting | Part 2 58:03

منذ 19 weeks58:03

58:03

In Part 2 of their BOI series, Roger and Annie tackle the most challenging aspects of beneficial ownership reporting requirements, focusing on determining who qualifies as a beneficial owner and the significant penalties for non-compliance. They dissect FinCEN's FAQs about substantial control while highlighting concerning gray areas that could put both business owners and tax professionals at risk. The discussion provides critical guidance for practitioners considering whether to offer BOI services, emphasizing protection strategies like engagement letters and insurance coverage given the potential $591 daily penalties and criminal consequences. Sponsors Padgett - Contact Padgett or Email Jeff Phillips (00:00) - Welcome to Federal Tax Updates (01:41) - Overview of Beneficial Ownership (02:43) - FAQs and Compliance Guide (06:34) - Reporting Requirements and Deadlines (14:26) - Defining Beneficial Owners (17:01) - Indicators of Substantial Control (29:18) - Accountants and Lawyers as Beneficial Owners (32:40) - Clarifying Beneficial Ownership (33:51) - Community Property and Beneficial Ownership (35:02) - FinCEN's Approach to Reporting (37:13) - Penalties and Enforcement (42:11) - Practical Implications for Accountants (52:59) - FinCEN Identifiers Explained (55:47) - Final Thoughts and Recommendations Get NASBA Approved CPE or IRS Approved CE Launch the course on EarmarkCPE to get free CPE/CE for listening to this episode. Connect with the Hosts on LinkedIn https://www.linkedin.com/in/rogerharrispbs/ https://www.linkedin.com/in/annie-schwab-852418261/ Review Leave a review on Apple Podcasts or Podchaser Subscribe Subscribe to the Federal Tax Updates podcast in your favorite podcast app! This podcast is a production of the Earmark Media…

Federal Tax Updates

1
What You Need to Know About Beneficial Ownership Information Reporting | Part 1 51:55

منذ 20 weeks51:55

51:55

In part 1 of this 2-part series, Annie and Roger dive into the complexities of the new Beneficial Ownership Information (BOI) reporting requirements. They discuss who needs to file, key deadlines, and potential risks for tax professionals assisting clients with compliance. The hosts emphasize the importance of understanding the current guidance, primarily based on FAQs, and highlight areas where interpretation could lead to legal complications. Sponsors Padgett - Contact Padgett or Email Jeff Phillips (00:00) - Welcome to Federal Tax Updates (03:34) - Understanding the FinCEN Reporting Requirements (05:11) - Navigating the FAQs and Compliance Challenges (09:57) - Filing Requirements and Deadlines (23:37) - Who Needs to Report? Identifying Reporting Companies (27:33) - Understanding Reporting Company Criteria (29:43) - Sole Proprietorships and Reporting Requirements (30:59) - Navigating S Corps and HOAs Reporting (32:37) - Legal Implications and Attorney Involvement (33:59) - Complex Scenarios and Reporting Obligations (40:27) - Company Applicant Responsibilities (45:46) - Filing Requirements and Updates (50:44) - Conclusion and Next Steps Get NASBA Approved CPE or IRS Approved CE Launch the course on EarmarkCPE to get free CPE/CE for listening to this episode. Connect with the Hosts on LinkedIn https://www.linkedin.com/in/rogerharrispbs/ https://www.linkedin.com/in/annie-schwab-852418261/ Review Leave a review on Apple Podcasts or Podchaser Subscribe Subscribe to the Federal Tax Updates podcast in your favorite podcast app! This podcast is a production of the Earmark Media…

Federal Tax Updates

1
How Modern Firm Owners are Addressing Common Industry Woes 1:00:34

منذ 22 weeks1:00:34

1:00:34

Zach Warren from Thomson Reuters Institute and Amanda Aguillard from Padgett dive into the pressing challenges facing modern accounting firms, particularly those in the mid-sized range. They explore innovative solutions to the talent shortage, discuss the surprising resilience of time-based pricing, and emphasize the critical role of technology adoption in driving efficiency. This data-driven conversation offers practical insights for firm owners looking to navigate industry pressures and position themselves for sustainable growth. To earn CPE for this episode, go here: https://www.earmark.app/c/1872 Connect with Zachary Warren, MBA https://www.linkedin.com/in/zach-warren-19403371 https://www.thomsonreuters.com/en-us/posts/authors/zach-warren Connect with Amanda Aguillard, CPA CISD https://www.linkedin.com/in/amandaaguillard https://www.aguillardaccounting.com Review Leave a review on Apple Podcasts or Podchaser Subscribe Subscribe to the Federal Tax Updates podcast in your favorite podcast app! This podcast is a production of the Earmark Media…

Federal Tax Updates

1
Elections, Tax Changes, and Compliance Deadlines 53:15

منذ 24 weeks53:15

53:15

Roger and Annie discuss the unique challenges tax practitioners face as 2024 draws to a close. They explore the potential impact of the upcoming election on tax law, ongoing issues with the Employee Retention Credit, and the looming deadline for Beneficial Ownership Information reporting. The hosts provide insights on how to approach tax planning amidst uncertainty and offer practical advice for managing client expectations during this complex period. Sponsors Padgett - Contact Padgett or Email Jeff Phillips (00:00) - Welcome to Federal Tax Updates (01:46) - Challenges in Tax Planning (03:07) - Election Impact on Tax Laws (07:14) - Potential Changes in Tax Provisions (16:38) - Electric Vehicle Tax Credits (21:30) - Tax Reform and Future Considerations (27:02) - Meeting with IRS Commissioner Werfel (28:24) - IRS Funding and Staffing Challenges (29:16) - Tax Scams and Fraud Prevention (32:57) - Employee Retention Credit (ERC) Updates (40:40) - Beneficial Ownership Information Reporting (50:22) - End-of-Year Tax Planning and Challenges (51:54) - Final Thoughts and Wrap-Up Get NASBA Approved CPE or IRS Approved CE Launch the course on EarmarkCPE to get free CPE/CE for listening to this episode. Connect with the Hosts on LinkedIn https://www.linkedin.com/in/rogerharrispbs/ https://www.linkedin.com/in/annie-schwab-852418261/ Review Leave a review on Apple Podcasts or Podchaser Subscribe Subscribe to the Federal Tax Updates podcast in your favorite podcast app! This podcast is a production of the Earmark Media…

Federal Tax Updates

1
Live From The Dallas IRS Tax Forum 1:34:11

منذ 26 weeks1:34:11

1:34:11

Join Roger and Annie on this special episode, as they take you behind the scenes at the IRS National Tax Forum in Dallas. Through interviews with key figures from the IRS, professional associations, and industry leaders, this special episode offers unique insights into the current state of tax practice and policy. Listeners will gain valuable perspectives on critical issues facing tax professionals, including combating tax scams, improving IRS services, and the future of tax preparation standards. (00:00) - Welcome to Federal Tax Updates (00:39) - Coming to You Live From the Dallas IRS Tax Forum (01:56) - Welcome Jeff Phillips to the Show (16:57) - Welcome Melvin Hardy to the Show (32:43) - Welcome Christine Freeland to the Show (47:34) - Welcome Kelly Comegys to the Show (55:44) - Welcome Alan Pinck to the Show (01:06:37) - Welcome Nina Tross to the Show (01:20:53) - Welcome Terry Lemmons to the Show (01:33:27) - Thanks for Joining Us and Remember to Subscribe! Thank you to all of our guests: Jeff Phillips | Padgett | CEO Melvin Hardy | IRS | Director, Office of National Public Liaison Nina Tross | NSTP | Liaison for Tax & Advocacy Terry Lemons | IRS | Chief, Communications & Liaison Kelli Comegys | NAEA | Senior Director of Strategy & Membership Christine Freeland | NSA | Senior Advisor Alan Pinck | Tax Talk Today | Host Get NASBA Approved CPE or IRS Approved CE Launch the course on EarmarkCPE to get free CPE/CE for listening to this episode. Connect with the Hosts on LinkedIn https://www.linkedin.com/in/rogerharrispbs/ https://www.linkedin.com/in/annie-schwab-852418261/ Review Leave a review on Apple Podcasts or Podchaser Subscribe Subscribe to the Federal Tax Updates podcast in your favorite podcast app! This podcast is a production of the Earmark Media The full transcript for this episode is available by clicking on the Transcript tab at the top of this page All content from this podcast by SmallBizPros, Inc. DBA PADGETT BUSINESS SERVICES is intended for informational purposes only.…

Federal Tax Updates

1
New Programs, Looming Deadlines, and Forum Insights 50:28

منذ 28 weeks50:28

50:28

Roger Harris and Annie Schwab explore recent tax policy changes, including updates to voluntary disclosure programs and new IRS enforcement efforts. They discuss the ongoing challenges surrounding Beneficial Ownership Information reporting requirements and their potential impact on tax practitioners. The hosts also preview their upcoming live podcast recording at the IRS Tax Forum in Dallas, offering listeners a glimpse into this valuable industry event. Sponsors Padgett - Contact Padgett or Email Jeff Phillips (00:00) - Welcome to Federal Tax Updates (02:19) - Current Political Climate in DC (02:53) - Legislative Updates and Tax Relief (08:49) - Digital Asset Reporting (09:32) - Security Summit and WISP (19:13) - Employer Retention Credit Updates (28:08) - IRS Moratorium and Fraud Analysis (31:39) - Penalties and Promoter Fines (32:24) - ERC Business Resurgence (35:12) - Beneficial Ownership Information Reporting (37:40) - Challenges and Uncertainties in BOI Compliance (46:54) - IRS Forums and Upcoming Events Get NASBA Approved CPE or IRS Approved CE Launch the course on EarmarkCPE to get free CPE/CE for listening to this episode. Connect with the Hosts on LinkedIn https://www.linkedin.com/in/rogerharrispbs/ https://www.linkedin.com/in/annie-schwab-852418261/ Review Leave a review on Apple Podcasts or Podchaser Subscribe Subscribe to the Federal Tax Updates podcast in your favorite podcast app! This podcast is a production of the Earmark Media The full transcript for this episode is available by clicking on the Transcript tab at the top of this page All content from this podcast by SmallBizPros, Inc. DBA PADGETT BUSINESS SERVICES is intended for informational purposes only.…

Federal Tax Updates

1
The ERC Landscape with Hale Sheppard 54:11

منذ 32 weeks54:11

54:11

This podcast episode features tax controversy expert Hale Sheppard discussing the latest developments and challenges surrounding Employee Retention Credit (ERC) claims. Sheppard provides insights into IRS audit processes, potential penalties for ERC promoters, and the complexities of defending ERC claims. The conversation covers recent IRS announcements, proposed legislation, and the long-term implications for taxpayers and tax professionals. Sponsors Padgett - Contact Padgett or Email Jeff Phillips (00:00) - Welcome to Federal Tax Updates (01:30) - Discussing the Employee Retention Credit (ERC) (02:02) - Introducing Guest Expert Hale Shepard (03:06) - IRS Updates on ERC Claims Processing (06:09) - Challenges in Documentation and Audits (11:59) - Protest Letters and Legal Considerations (15:53) - Patterns and Trends in ERC Audits (21:13) - Impact of Delays and New Business Models (25:45) - Legal Authority and Future Implications (31:20) - The American Rescue Plan and Its Implications (32:17) - Legislation and ERC Claims Cutoff (36:23) - Promoter Penalty Investigations (45:29) - IRS Guidance and Retroactive Challenges (49:36) - Future of ERC and Beneficial Ownership (52:34) - Final Thoughts and Thanks for Listening Get NASBA Approved CPE or IRS Approved CE Launch the course on EarmarkCPE to get free CPE/CE for listening to this episode. Connect with Hale Sheppard https://www.linkedin.com/in/halesheppard https://www.chamberlainlaw.com/people-hale_sheppard.html Connect with the Hosts on LinkedIn https://www.linkedin.com/in/rogerharrispbs/ https://www.linkedin.com/in/annie-schwab-852418261/ Review Leave a review on Apple Podcasts or Podchaser Subscribe Subscribe to the Federal Tax Updates podcast in your favorite podcast app! This podcast is a production of the Earmark Media The full transcript for this episode is available by clicking on the Transcript tab at the top of this page All content from this podcast by SmallBizPros, Inc. DBA PADGETT BUSINESS SERVICES is intended for informational purposes only.…

مرحبًا بك في مشغل أف ام!

يقوم برنامج مشغل أف أم بمسح الويب للحصول على بودكاست عالية الجودة لتستمتع بها الآن. إنه أفضل تطبيق بودكاست ويعمل على أجهزة اندرويد والأيفون والويب. قم بالتسجيل لمزامنة الاشتراكات عبر الأجهزة.