Spidell's Federal Tax Minute

Consider these year-end tax planning moves 29.11.2022 4:29 ↓

This week we have some tax planning tips to consider before the end of the year.

IRS provides relief from proposed required minimum distribution rules 21.11.2022 3:56 ↓

This week we're covering some relief provided by the IRS from the proposed required minimum distribution rules.

IRS provides relief from proposed required minimum distribution rules 21.11.2022 3:56 ↓

This week we're covering some relief provided by the IRS from the proposed required minimum distribution rules.

Making a timely estate tax portability election 14.11.2022 4:15 ↓

This week we're covering making a timely portability election, including the new period for making the election.

Remember new R&D deduction rules when planning fourth quarter estimates 07.11.2022 4:31 ↓

This week we're discussing the new research and development rules and how these rules may mean an increase in taxes for some taxpayers.

Draft form instructions provide welcome K-2/K-3 filing relief 31.10.2022 4:41 ↓

This week we're covering a filing exception for Schedules K-2 and K-3 for certain domestic partnerships.

Large cost of living adjustment for Social Security announced 21.10.2022 4:31 ↓

This week we're covering the recent cost of living adjustment for Social Security benefits, how this may affect the taxability of these benefits, and some tax planning strategies.

Final regulations expand eligibility for Premium Tax Credits 17.10.2022 3:52 ↓

This week we're discussing final regulations that change the way health care plan affordability is determined for spouses and dependents.

Excess IRA contributions and the excise tax 07.10.2022 4:03 ↓

This week we're covering excess IRA contributions and application of the excise tax.

IRS sending employer health insurance mandate letters 29.09.2022 4:46 ↓

This week we're covering employer health insurance mandate letters that the IRS is sending to initiate assessing employer shared responsibility payments.

§121 exclusion limited when vacation or rental property converted to personal residence 26.09.2022 4:33 ↓

This week we're discussing when a period of nonqualified use would limit the amount of gain on the sale of a principal residence that's excludable from income.

Interest is growing in Series I bonds 16.09.2022 4:25 ↓

This week we're talking about the basics of Series I bonds, which come with a number of benefits and can be purchased using a tax refund.

Superseding returns just got easier to file 07.09.2022 4:08 ↓

This week we're covering superseding returns and some things to keep in mind when filing these returns.

SECURE Act brings big changes to inherited IRAs 02.09.2022 4:36 ↓

This week we're talking about the SECURE Act and how it changes the inherited IRA rules.

Student Loan Debt Relief Plan 29.08.2022 3:38 ↓

This week we're covering the new student loan debt relief plan, including some open questions regarding the plan.

Filing guidance coming for Schedules K-2 and K-3 19.08.2022 4:39 ↓

This week we're talking about some things to keep in mind when filing Schedules K-2 and K-3.

Key incentives in the Inflation Reduction Act of 2022 15.08.2022 5:09 ↓

This week we're going to touch on some of the key tax incentives contained in the Inflation Reduction Act that will impact most taxpayers.

Key incentives in the Inflation Reduction Act of 2022 15.08.2022 5:09 ↓

This week we're going to touch on some of the key tax incentives contained in the Inflation Reduction Act that will impact most taxpayers.

Internet company start-up expenses 08.08.2022 4:14 ↓

This week we're covering internet start-up companies and the timing regarding these businesses begin and when development costs can be expensed, as outlined in a recent Tax Court case.

Tax considerations for college athletes with name, image, and likeness income 29.07.2022 3:44 ↓

This week we're covering tax considerations for college athletes who have name, image, and likeness income.

Wealth planning with intrafamily loans 22.07.2022 3:42 ↓

This week we're discussing wealth planning with intrafamily loans.

Wealth planning with intrafamily loans 22.07.2022 3:42 ↓

This week we're discussing wealth planning with intrafamily loans.

§1031 exchange considerations 18.07.2022 3:48 ↓

This week we're talking about §1031 exchanges and when it might be a good idea not to enter into an exchange transaction.

§1031 exchange considerations 18.07.2022 3:48 ↓

This week we're talking about §1031 exchanges and when it might be a good idea not to enter into an exchange transaction.

Tax strategies for cryptocurrency losses 08.07.2022 4:05 ↓

This week we're talking about some tax strategies for dealing with cryptocurrency losses.