2026-04-27 No More 280E for State-Legal Medical Cannabis Businesses
Release Date: 04/25/2026
2026-05-11 The Expensive Lost White Receipt and Certified Mailing
Federal Tax Update Podcast
This week we look at: Syndicated Conservation Easements and the Valuation Conundrum: An Analysis of T.C. Memo. 2026-36 Analysis of Garcia-Rojas v. Franchise Tax Board: The Limits of the Unitary Business Doctrine for Sole Proprietors An Analysis of the Reinstated Significant Issue Letter Ruling Program Under Revenue Procedure 2026-21 The "Byers Rule" and the Administrative Procedure Act Jurisdictional Time Bars and the Timely Mailing Rule: An Analysis of Dunlap v. United States Temporary Import Surcharges and Executive Authority: A Review of the Court of International Trade's Ruling
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2026-05-04 Treasury Previews Upcoming 280E Medical Marijuana Guidance
Federal Tax Update Podcast
This week we look at: Reasonable Cause Relief Under the Small-Corporation Provision for Form 5472 Penalties Extending the Statute of Limitations for Disallowed ERC Claims Legislative Update: House Passes Comprehensive Tax Administration and Relief Bills Anticipated IRS Guidance Following the Rescheduling of Medical Marijuana Analysis of the New Dyed Fuel Excise Tax Refund Regulations Under Section 6435 Executive Order on Retirement Savings and Its Interaction with IRC Section 6433
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2026-04-27 No More 280E for State-Legal Medical Cannabis Businesses
Federal Tax Update Podcast
This week we look at: Tax Implications of the Rescheduling of State-Licensed Medical Marijuana Disallowance of COVID-19 Leave Credits: A Review of Substantiation and Trade or Business Requirements The Tenth Circuit Codifies the Reach of the Economic Substance Doctrine Over Mechanical Statutory Compliance Substantiation, Entity Indebtedness, and Business Expense Deductibility: An Analysis of the Simmons Case Treatment of Loyalty Rewards Program Funds and the Claim of Right Doctrine Valuation and Penalty Controversies in Estate Tax Examinations
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2026-04-20 Final Regulations Issued on Qualified Tip Income
Federal Tax Update Podcast
This week we look at: A Technical Analysis of the Final Section 224 Regulations on the Qualified Tip Deduction Analysis of Proposed Regulations on Information Reporting Thresholds and Wagering Losses (REG-113229-25) U.S. District Court Splits Its Ruling on Micro-Captive Disclosure Mandates IRS Reduces Enrolled Agent Special Enrollment Examination User Fees: An Analysis of the Interim Final and Proposed Regulations Taxation of Terminated Life Insurance Policies: An Analysis of Constructive Receipt and Investment Interest
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2026-03-23 Claim of Right and the Correct Tax Year
Federal Tax Update Podcast
This week we look at: Corporate Capacity and State Law Revivor Digital Asset Identification Relief Interest and Bonus Depreciation Relief ERC Disallowances and Legal Standing Substantiation Rules for Emergency Vehicles Partnership Audits and Due Process Social Security Repayments
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2026-03-16 Trump Account Proposed Regulations
Federal Tax Update Podcast
This week we look at: Proposed Regulations for IRC Section 530A "Trump Accounts" IRC Section 6434 Trump Account Pilot Program Micro-Captive Scrutiny Formalized BBA Audits: Notice Defects and the Statute of Limitations
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2026-03-09 Sir You Are About to Lose Your Passport
Federal Tax Update Podcast
This week we look at: Fiduciary and Beneficiary Liability for Unpaid Estate Taxes Retroactive Entity Classification and Partnership Basis 2026 Passenger Auto Depreciation Limits Passport Certification & Victimization Defenses Passport Revocation in Collection Suits Waiver of Foreign Earned Income Exclusion Time Rules New Digital Asset Reporting Landscape (Form 1099-DA)
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2026-03-02 Another Circuit Find IRS Has Assessment Authority for Section 6038(b) Penalties
Federal Tax Update Podcast
This week we look at: Required Minimum Distribution Regulations Delay CDP Proceedings and Underlying Liabilities Section 743(b) Adjustments and Economic Substance Assessability of Section 6038(b) Penalties
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2026-02-23 Supreme Court Strikes Down Tariffs
Federal Tax Update Podcast
This week we look at: Supreme Court Invalidates Executive Tariffs Under IEEPA Special Depreciation Allowance Under the OBBBA CAMT Adjustments and Relief Circuit Split on Third-Party Fraud Valuation and Penalties in Syndicated Conservation Easements
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2026-02-16 Hallucinations Enter the Tax Court
Federal Tax Update Podcast
This week we look at: TEFRA Jurisdiction and the "Limited Partner" Exception Artificial Intelligence and Substantiation Section 183 Profit Motive Rebate vs. Nonrebate Refunds Substantiation and Civil Fraud Consolidated Return Jurisdiction Copyright 2026, Thomas, Zollars & Lynch Ltd.
info_outlineThis week we look at:
- Tax Implications of the Rescheduling of State-Licensed Medical Marijuana
- Disallowance of COVID-19 Leave Credits: A Review of Substantiation and Trade or Business Requirements
- The Tenth Circuit Codifies the Reach of the Economic Substance Doctrine Over Mechanical Statutory Compliance
- Substantiation, Entity Indebtedness, and Business Expense Deductibility: An Analysis of the Simmons Case
- Treatment of Loyalty Rewards Program Funds and the Claim of Right Doctrine
- Valuation and Penalty Controversies in Estate Tax Examinations