Sep 4, 2026
In this episode:
- IRA Rollovers — Rolling over traditional 401(k)s and IRAs, converting traditional IRAs to Roth IRAs, required minimum distributions, and estate planning considerations.
- Natural Disaster Tax Relief — New federal legislation easing casualty loss write-offs for qualified disaster victims, including...
Aug 21, 2026
In this episode:
- IRS Oversight of Unenrolled Tax Preparers
- Overtime Pay Tax Deduction Update
- Congressional Tax Proposals to Watch
- Tax Court Case: Customer-Funded Improvements
- IRS.gov Business Tax Account Expansion
- Attorney's Fees and Settlement Tax Traps
- New Cryptocurrency Scam Warning
- Improper Refundable Credit...
Aug 7, 2026
In this episode:
- Inflation-indexed IRS deductions, credits, and thresholds for 2026.
- Non-indexed thresholds that haven't changed in decades (e.g., home sale gain exclusion).
- New above-the-line charitable deduction for non-itemizers.
- Rules for deducting donated vehicles.
- Conservation easements and farmland...
Jul 24, 2026
In this episode:
- Hobby loss rules – refresher on when the IRS may reclassify a business as a hobby.
- Trump accounts – contributing up to $5,000 for a minor without triggering a gift tax filing.
- Gift tax basics – $19,000 annual exclusion, filing requirements above that, and the $15M lifetime exemption.
- Gambling...
Jul 10, 2026
In this episode:
- Premium tax credit changes affecting Marketplace health coverage enrollees.
- Long-term care insurance premium deductions and new retirement plan withdrawal rules.
- A proposed Newborn Tax Credit and updates to ABLE accounts.
- IRS partnership audit trends and lingering ERC (Employee Retention Credit) claim...