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Summer Strategies for Savvy Tax Professionals
Manage episode 421811437 series 3436441
In this episode, Roger and Annie discuss a variety of tax-related topics, including updates on the Beneficial Ownership Information (BOI) reporting requirements, and the Employee Retention Credit (ERC). They also cover issues with the postal service causing delays in tax payments reaching the IRS, the benefits of taxpayers and tax professionals setting up online accounts with the IRS, and recent changes to overtime pay thresholds and non-compete clauses. Additionally, they provide tips for tax professionals on what to focus on during the slower summer months, such as working on extension returns, analyzing technology and software, and planning CPE. They close by mentioning the upcoming IRS Tax Forums taking place in various cities across the US.
Sponsors
Padgett - Contact Padgett or Email Jeff Phillips
- (00:00) - Introduction and Welcome
- (01:20) - Discussion on BOI (Beneficial Ownership Information)
- (02:03) - Hearing Insights and Political Dynamics
- (05:41) - Legal Challenges and Court Cases
- (10:59) - Employee Retention Credit (ERC) Updates
- (14:37) - Mail Issues and IRS Processing Delays
- (21:18) - New FTC Rules on Non-Compete Clauses
- (22:55) - Overtime Protections and Salary Thresholds
- (25:01) - Impact of Elections on Business Regulations
- (25:27) - Challenges for Small Business Owners
- (26:32) - Survey Insights from Tax Season
- (28:24) - IRS Online Services Improvements
- (30:33) - Benefits of IRS Online Accounts
- (36:31) - Summer Strategies for Tax Professionals
- (40:12) - Planning for CPE and Technology Updates
- (42:40) - Upcoming IRS Forums 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 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.
48 episódios
Manage episode 421811437 series 3436441
In this episode, Roger and Annie discuss a variety of tax-related topics, including updates on the Beneficial Ownership Information (BOI) reporting requirements, and the Employee Retention Credit (ERC). They also cover issues with the postal service causing delays in tax payments reaching the IRS, the benefits of taxpayers and tax professionals setting up online accounts with the IRS, and recent changes to overtime pay thresholds and non-compete clauses. Additionally, they provide tips for tax professionals on what to focus on during the slower summer months, such as working on extension returns, analyzing technology and software, and planning CPE. They close by mentioning the upcoming IRS Tax Forums taking place in various cities across the US.
Sponsors
Padgett - Contact Padgett or Email Jeff Phillips
- (00:00) - Introduction and Welcome
- (01:20) - Discussion on BOI (Beneficial Ownership Information)
- (02:03) - Hearing Insights and Political Dynamics
- (05:41) - Legal Challenges and Court Cases
- (10:59) - Employee Retention Credit (ERC) Updates
- (14:37) - Mail Issues and IRS Processing Delays
- (21:18) - New FTC Rules on Non-Compete Clauses
- (22:55) - Overtime Protections and Salary Thresholds
- (25:01) - Impact of Elections on Business Regulations
- (25:27) - Challenges for Small Business Owners
- (26:32) - Survey Insights from Tax Season
- (28:24) - IRS Online Services Improvements
- (30:33) - Benefits of IRS Online Accounts
- (36:31) - Summer Strategies for Tax Professionals
- (40:12) - Planning for CPE and Technology Updates
- (42:40) - Upcoming IRS Forums 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 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.
48 episódios
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