Postcast 8 on uninsured medical reimbursement plans--a structure that's not for everyone, but which is a perfect fit in the right situation.

Download the materials via the ezollars.libsyn.com website before listening to this broadcast.

TaxUpdate goes Live! Podcast 007 dealing with reportable transactions and the penalty for failure to disclose added by last year's law.

Download materials that consist of the Powerpoint for this presentation, recorded live at the Arizona Forum for Improvement of Taxation summer conference at the Arizona State University downtown Phoenix facility.

I'm looking for comments on the recording, which was captured using a Samsung YT-MT6 voice recorder (and MP3 player). One problem with a live presentation is that questions from the audience aren't very audible, but hopefully you'll figure out the questions from the answers.

I hope to be able to do some more live work from presentations I give, so I'm working on dealing with this. But it is a first try right now.

Weekly show 6 dealing with employee business expenses and reimbursable plans per IRC Section 62(c). You should download the "handout" in addition to listening to the podcast itself. The presentation deals with the requirements that must be met for reimbursement of an employee's expenses to be excluded from the employee's income. This version of the file is the same as the prior one, except the audio has been amplified.

Weekly show 6 dealing with employee business expenses and reimbursable plans per IRC §62(c). You should download the "handout" in addition to listening to the podcast itself. The presentation deals with the requirements that must be met for reimbursement of an employee's expenses to be excluded from the employee's income.

Show 5.5 (not a weekly show--kind of a "special report").

This show presents a "first day" view of the Strangi decision issued today by the Fifth Circuit Court of Appeals. The Fifth Circuit upheld the Tax Court's decision in TC Memo 2003-145, but did so without ruling on the merits of the §2036(a)(2) analysis that many practitioners viewed as the major concern in that case.

From a CPA's perspective, this discussion looks at the risks involved from the fact that it's become clear that §2036(a)(1) attacks on operational problems with the FLP will render the FLP ineffective as a transfer vehicle. Accountants' journal entries are a recurring theme in the cases that lose in court on §2036(a)(1), and this fact should not be lost on CPAs who will be doing 1065s and other accounting for such partnerships.

As well, I do a quick discussion of what types of clients likely should not be advised to make use of a family limited partnership given the §2036(a)(1) problems.

Show number 5. The self-employed health insurance deduction under IRC Section 162(l) is covered by this podcast. The information for the podcast is found at http://www.edzollars.com/SelfEmployedHealthInsurance.pdf. The program also covers the recently issued IRS Chief Counsel Memorandum 200524001. Please post your comments here.

This week's "regular" podcast (assuming two weeks make this regular) deals with how three states determine if a trust or estate is a resident or nonresident entity, as well as containing a discussion of how to approach state filing issues in general with trusts and estates. The states we look at will be Arizona, California and Michigan. The materials you can refer to are located here: State Resident Fiduciary Returns" There are links to the California forms and instructions on my personal website at http://www.edzollars.com. I appreciate comments about this webcast--just send them to ed@hmtzcpas.com.

Updated discussion of self-employment matters to cover matters raised by posters to Yahoo Groups' taxupdate discussion group. The IRS poster referenced is at: http://www.irs.gov/pub/irs-pdf/p3204.pdf

The status of self-employment tax and limited liability companies. This a portion of a presented made at the Phoenix Tax Workshop. The materials for the full presentation, which also covers S are available.

A summary of the tax laws passed and signed into law in the most recent Arizona legislature session, based on a summary presented to the Phoenix Tax Workshop. You should download the materials in order to get the full benefit of this presentation.