About this episode

This episode discusses various final regulations affecting tax practices and compliance.

This week we look at: Transitioning from First Time Abate (FTA) to Automatic Exemption from Penalty (AEP) Strict Enforcement of Tax Refund Statutes of Limitations Employee Retention Credit (ERC) Refund Claims & Pleading Standards Pandemic-Era Persistence of New York's Convenience of the Employer Rule Invalidity of Treasury Regulation Section 1.951A-2(c)(5) Non-Shareholder Capital Contributions vs. Compensation Final Section 1035 Exchange & Corporate Reorganization Regulations Reclassification of Abusive CRAT Structures as Listed Transactions The National Taxpayer Advocate's Perspective on AEP

Topics covered

• Final Regulations
• Tax Refund Statutes
• Employee Retention Credit
• Tax Penalties
• Taxpayer Advocate
• Corporate Reorganization

Keywords

• tax regulations
• Employee Retention Credit
• tax penalties
• tax refund
• corporate reorganization
• taxpayer advocate
• New York tax rules

Mentioned in this episode

Organizations: The Ohio Society of CPAs, National Taxpayer Advocate

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