Spidell's Federal Tax Minute

Expanded features of the IRS's individual tax account tool 02.05.2025 2:58 ↓

This week, we're covering expanded features of the IRS's Individual Online Account tool.

Recent Social Security updates 28.04.2025 4:22 ↓

This week we're covering some recent updates regarding Social Security benefits.

Tax legislation aims to improve IRS services 18.04.2025 4:23 ↓

This week we're covering tax legislation focused on improving IRS services.

Proposed regulations would update Circular 230 28.01.2025 4:28 ↓

This week, we're covering the proposed changes to update Treasury Department Circular 230, which governs practice before the IRS.

Taxpayer assistance under the Federal Disaster Tax Relief Act of 2023 17.01.2025 3:59 ↓

This week we're covering the provisions of the Federal Disaster Tax Relief Act of 2023.

Podcast: Filing season update 11.01.2025 4:13 ↓

This week, we're covering some federal filing updates to be aware of for the start of the 2025 filing season.

IRS provides limited relief for crypto investors 07.01.2025 4:35 ↓

This week we're covering some temporary relief for reporting certain digital asset transactions.

Functionality of IRS's Business Tax Account tool continues to expand 31.12.2024 4:23 ↓

This week we're covering some recent upgrades to the IRS's Business Tax Account tool.

Considerations following the beneficial ownership reporting suspension 24.12.2024 4:31 ↓

This week we're covering some considerations following the recent beneficial ownership reporting suspension.

New IRS form for making an IRC §83(b) election 17.12.2024 4:00 ↓

This week we're covering the new IRS form for making an IRC §83(b) election and the basics of §83.

Clean Vehicle Credits: Be sure to ask clients for their dealer report 10.12.2024 4:17 ↓

This week we're covering the Form 15400 dealer report that taxpayers receive when a vehicle qualifies for one of the clean vehicle credits.

President Trump's tax proposals 03.12.2024 4:05 ↓

This week we're covering the tax policy changes that we may see when President Trump returns to the White House in 2025.

Understanding the portability nature of an HSA 25.11.2024 3:59 ↓

This week we're covering the benefits of health savings accounts, including account portability.

Tax benefits for military members 19.11.2024 4:40 ↓

This week, we're covering some of the tax benefits available to military members serving in a combat zone.

When are legal fees deductible on Form 1040? 12.11.2024 3:53 ↓

This week we're discussing when legal fees may still be deductible above the line on the 1040.

Things to consider when choosing a trustee 04.11.2024 4:42 ↓

This week, we're discussing what to consider when choosing a trustee to manage assets in a trust.

Continuing care retirement communities and medical expenses 29.10.2024 4:33 ↓

This week, we're covering continuing care retirement communities and medical expenses.

Wealth planning with intrafamily loans 17.10.2024 4:08 ↓

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

New Form 7217 for reporting property distributed by partnerships 11.10.2024 3:43 ↓

This week we're covering new Form 7217 for reporting property distributed by partnerships in either a liquidating or nonliquidating distribution.

The risks of a compromised CAF number 07.10.2024 4:34 ↓

This week, we're talking about the risks of a compromised CAF number and the IRS's process for handling these.

Large company exemption from beneficial ownership reporting mandate 30.09.2024 3:50 ↓

This week we're talking about the exemption that "large" companies have from beneficial ownership information reporting requirements.

SECURE 2.0 Act provisions that may affect Form W-2 23.09.2024 4:45 ↓

Certain provisions of the SECURE 2.0 Act could affect amounts reported on Form W-2.

Know when a private collection agency call is legitimate 12.09.2024 3:47 ↓

This week we're talking about how taxpayers can know when a call from a private collection agency is legitimate.

Inherited Roth IRA accounts and RMDs 09.09.2024 3:58 ↓

This week we're discussing RMD requirements for inherited Roth IRAs.

Registration tips when using the IRS's IRIS portal 30.08.2024 4:20 ↓

This week we're discussing registration tips for using the IRS's IRIS portal for information returns.