Advertise on podcast: Federal Tax Updates

Roger and Annie lay out what tax pros should tackle between the October 15 extension deadline and next tax season, from IRS online accounts, WISP updates, and adding a second principal to your EFIN to pricing, hiring, and letting go of problem clients. They also cover what changes for year-end 2026 information returns, including the retirement of the FIRE system in favor of IRIS, higher 1099-NEC and 1099-K thresholds, and new W-2 codes for tips and overtime with no transition relief this time. Plus, an update on the Taxpayer Assistance and Service (TAS) Act, which passed the Senate and now needs the House to act before this Congress ends. SponsorsPadgett -  Contact Padgett or Email Jeff Phillips Get NASBA Approved CPE or IRS Approved CELaunch the course on EarmarkCPE to get free CPE/CE for listening to this episode.Links mentioned in this episodeChapters (00:00) - Welcome Back Annie (02:22) - Online IRS Accounts (06:50) - WISP Cybersecurity Refresh (10:16) - PTIN Renewal Checklist (11:19) - EFIN Backup Principal (14:12) - Pricing Hiring Client Cleanup (19:26) - Appointment Scheduling Tools (22:04) - Year End Payroll Filing Prep (25:05) - 1099 Threshold Changes (25:44) - Missing 1099s Compliance (27:22) - 1099-K Threshold Reset (29:07) - W-2 Tips Overtime Codes (32:55) - Year-End Tax Payment Moves (34:44) - Fix Books Before Busy Season (36:48) - W-4 Adjustments And Fees (38:34) - Organizers Process And Software (41:19) - No Paper Checks Banking Info (44:22) - Trump Accounts And New Forms (45:12) - TAS Act And Congress Clock (47:34) - College Sports Bill Update (48:45) - Election Outlook And Wrap-Up (50:11) - Final Thanks And Next Guests Follow the Federal Tax Updates Podcast on Social Mediatwitter.com/FedTaxPodfacebook.com/FedTaxPodlinkedin.com/showcase/fedtaxpodConnect with the Hosts on LinkedInRoger HarrisAnnie SchwabReviewLeave a review on Apple Podcasts or PodchaserSubscribeSubscribe to the Federal Tax Updates podcast in your favorite podcast app!This podcast is a production of Earmark Media The full transcript for this episode is available by clicking on the Transcript tab at the top of this page All content from this podcast by SmallBizPros, Inc. DBA PADGETT BUSINESS SERVICES is intended for informational purposes only.

Roger Harris is joined by Amanda Aguillard, COO of Padgett, to share what they heard from accounting firm owners on this summer's IRS and association conference tour: owners are tapped out and don't know where to start. Amanda walks through Padgett's right-sizing framework (the right work, for the right clients, at the right price, with the right staff). She covers why a "simple" $1,000 business return can hide $7,000 to $8,000 of unbilled cleanup, how to grade every client A through F, and why fewer than 10% of clients walk away from a price increase. With next tax season approaching, she argues that pricing is the one fix that makes everything else possible, from hiring to advisory work. SponsorsPadgett -  Contact Padgett or Email Jeff Phillips Link to Resource https://www.padgettadvisors.com/join/the-rightsizing-playbook/ Get NASBA Approved CPE or IRS Approved CELaunch the course on EarmarkCPE to get free CPE/CE for listening to this episode. Chapters (00:00) - Welcome and Guest Intro (02:29) - Amanda’s Career Journey (05:08) - Conference Pain Points (06:20) - Right Sizing Framework (11:09) - CEO Mindset Shift (14:01) - The Hidden Work Trap (19:41) - Advisory Capacity Opportunity (22:09) - Client Census and Grading (25:59) - Pricing Fears and Reality (29:25) - Emotionless Pricing Mindset (30:25) - Exceptions Not Strategy (31:22) - Drop The Guilt (33:10) - Objective Pricing Framework (34:07) - Complexity Risk Value (36:43) - Profitability Benchmarks (39:02) - Pricing Enables Hiring (43:50) - Case Study Cutting 1040s (46:27) - Raise Fees Now (47:42) - Clients Accept Increases (51:15) - Rip The Band Aid (52:57) - Pricing Beats Tech (55:42) - Wrap Up Resources Follow the Federal Tax Updates Podcast on Social Mediatwitter.com/FedTaxPodfacebook.com/FedTaxPodlinkedin.com/showcase/fedtaxpodConnect with the Hosts on LinkedInRoger HarrisAnnie SchwabReviewLeave a review on Apple Podcasts or PodchaserSubscribeSubscribe to the Federal Tax Updates podcast in your favorite podcast app!This podcast is a production of Earmark Media The full transcript for this episode is available by clicking on the Transcript tab at the top of this page All content from this podcast by SmallBizPros, Inc. DBA PADGETT BUSINESS SERVICES is intended for informational purposes only.

Roger and Annie tackle a topic they've never covered before: the tax issues that come with aging, for clients and preparers alike. They break down the new senior deduction, Social Security claiming strategies across the 62/67/70 timeline, IRMAA appeals, RMD rules, and when long-term care costs are actually deductible. They close with a cautionary tale about gifting appreciated property too early and the recordkeeping every family should have in place before it's needed. SponsorsPadgett -  Contact Padgett or Email Jeff Phillips Get NASBA Approved CPE or IRS Approved CELaunch the course on EarmarkCPE to get free CPE/CE for listening to this episode.Links mentioned in this episodeChapters (00:00) - Welcome and Forum Travel (00:59) - Listener Shoutouts and Podcast Origins (02:21) - Tax Talk Today Inspiration (04:23) - Senior Deductions and Filing Thresholds (07:51) - Social Security Tax Basics (08:48) - When to Claim Social Security (15:48) - Solvency Fears and Policy Fixes (20:21) - Medicare Premiums and IRMAA Appeals (22:29) - Retirement Plans and Inherited IRAs (24:57) - RMD Rules and Planning Ideas (27:29) - Long Term Care and Medical Deductions (28:25) - Senior Living Deductions (29:12) - Chronically Ill Criteria (30:35) - Spouses Insurance Statements (32:21) - Meals Fees Itemizing (34:38) - Facility Records Due Diligence (36:26) - Gifts vs Inheritance Basics (37:57) - Basis Step Up Valuations (41:43) - Estate Returns Advisory (43:32) - Gifting Appreciated Property (43:57) - Lake House Cautionary Tale (48:04) - Client Records Planning (51:01) - Bank Red Tape Death Certificates (54:21) - Advisor Role Wrap Up (55:25) - Podcast Closing Updates Follow the Federal Tax Updates Podcast on Social Mediatwitter.com/FedTaxPodfacebook.com/FedTaxPodlinkedin.com/showcase/fedtaxpodConnect with the Hosts on LinkedInRoger HarrisAnnie SchwabReviewLeave a review on Apple Podcasts or PodchaserSubscribeSubscribe to the Federal Tax Updates podcast in your favorite podcast app!This podcast is a production of Earmark Media The full transcript for this episode is available by clicking on the Transcript tab at the top of this page All content from this podcast by SmallBizPros, Inc. DBA PADGETT BUSINESS SERVICES is intended for informational purposes only.

Roger and Annie broadcast live from the IRS Tax Forum in New Orleans, pulling four guests off the exhibit hall floor for individual segments. Larry Gray breaks down how he teaches digital assets and 1099-DA reporting to practitioners who've never touched crypto, and Alan Pinck talks through the "no tax on tips/overtime/social security/car loan interest" provisions and where AI fits into practice management. Kelly Myers (incoming NSA president) and returning guest Maggie Romanello close things out with career news and a look at how the IRS stakeholder liaison role actually works. SponsorsPadgett -  Contact Padgett or Email Jeff Phillips Links mentioned in this episodeNATP (National Association of Tax Professionals) https://www.natptax.com/ Tax Talk Today https://www.taxtalktoday.com/ Alan Pinck's practice https://apincktax.com/ NSA (National Society of Accountants) https://www.nsacct.org/ IRS Stakeholder Liaison Contacts ( https://www.irs.gov/businesses/small-businesses-self-employed/stakeholder-liaison-contacts Chapters (00:00) - Live From Tax Forum (01:09) - Meet Larry (02:00) - Teaching That Sticks (03:11) - Hot Topics And Crypto (07:41) - NATP Roots And Advocacy (12:12) - Fighting Bad Tax Advice (14:47) - Larrys Forum Day And Family (17:12) - Meet Alan And His Session (21:37) - Forum Energy And Exhibit Hall (24:44) - Tax Talk Today Origins (25:30) - Discussion First Format (25:49) - Seven Shows Schedule (26:32) - CPE Packages And Clips (28:30) - New Orleans Plans (30:06) - Utah Move And Routine (31:51) - Alan Wrap And Tour Dates (32:38) - Kelly Joins (35:39) - Teaching And Mentoring (39:17) - NSA Community Benefits (40:37) - AI Needs Human Review (44:13) - Maggie New IRS Role (47:28) - Stakeholder Liaison Explained (49:53) - How To Contact Liaison (53:16) - Podcast Wrap Up Follow the Federal Tax Updates Podcast on Social Mediatwitter.com/FedTaxPodfacebook.com/FedTaxPodlinkedin.com/showcase/fedtaxpodConnect with the Hosts on LinkedInRoger HarrisAnnie SchwabReviewLeave a review on Apple Podcasts or PodchaserSubscribeSubscribe to the Federal Tax Updates podcast in your favorite podcast app!This podcast is a production of Earmark Media The full transcript for this episode is available by clicking on the Transcript tab at the top of this page All content from this podcast by SmallBizPros, Inc. DBA PADGETT BUSINESS SERVICES is intended for informational purposes only.

Roger and Annie take a midyear look at how the IRS is holding up: call center struggles, a wave of CP2000, CP05, and CP14 notices, and the sudden departure of top Treasury tax official Ken Kies. They break down the new automatic penalty abatement replacing the old first-time abatement process, updates to Trump accounts, and a long list of OBBBA provisions kicking in for 2026, from the educator expense deduction to a higher 1099-K threshold. They close with practical tips for managing the fall extension crunch and a prediction on whether the TAS Act clears its Senate Finance Committee markup. SponsorsPadgett -  Contact Padgett or Email Jeff Phillips Get NASBA Approved CPE or IRS Approved CELaunch the course on EarmarkCPE to get free CPE/CE for listening to this episode.Links mentioned in this episodeChapters (00:00) - Welcome and Catch Up (00:31) - Summer Tax Conference Circuit (04:06) - Why IRS Phones Struggle (06:22) - Digital Self Service Push (08:44) - Staffing Tech and Leadership Shift (12:34) - Tips and Overtime Reporting 2026 (14:39) - Refund Notices and Paper Checks (16:53) - Most Common IRS Notices (21:05) - Trump Accounts Guidance Update (24:03) - Kwong Case Status and Deadlines (27:00) - Fall Extension Survival (28:43) - Client Info Deadlines (31:13) - Systems and Automation (33:07) - Midyear Client Touchpoints (34:00) - Advisory in AI Era (35:21) - Automatic Penalty Relief (38:00) - AEP Tradeoffs Explained (42:36) - Key Changes for 2026 (45:59) - Business and Reporting Updates (48:50) - TAS Act Outlook (53:43) - Conference Plans and Farewell Follow the Federal Tax Updates Podcast on Social Mediatwitter.com/FedTaxPodfacebook.com/FedTaxPodlinkedin.com/showcase/fedtaxpodConnect with the Hosts on LinkedInRoger HarrisAnnie SchwabReviewLeave a review on Apple Podcasts or PodchaserSubscribeSubscribe to the Federal Tax Updates podcast in your favorite podcast app!This podcast is a production of Earmark Media The full transcript for this episode is available by clicking on the Transcript tab at the top of this page All content from this podcast by SmallBizPros, Inc. DBA PADGETT BUSINESS SERVICES is intended for informational purposes only.

Roger and Annie cover a mid-year batch of tax updates: new Trump account reporting rules and gift tax relief, the tangled world of NIL taxation (including a court case over an influencer's courtside Lakers tickets and concert deductions), a new automatic penalty relief program, IRS online account updates, practitioner succession planning requirements, and fresh AI guidance for tax practice. SponsorsPadgett -  Contact Padgett or Email Jeff Phillips Get NASBA Approved CPE or IRS Approved CELaunch the course on EarmarkCPE to get free CPE/CE for listening to this episode.Links mentioned in this episodeChapters (00:00) - Podcast kickoff and travel (01:49) - Midyear tax roundup agenda (02:37) - Trump accounts reporting changes (03:40) - Gift tax safe harbor update (07:29) - ERC claim extension option (09:43) - NIL taxes and missing guidance (14:39) - Influencer deductions court battle (23:13) - Sports tax talk and big events (24:40) - Automatic penalty relief program (28:22) - Automatic Penalty Relief Concerns (30:06) - Tax Pro Account Benefits (31:56) - Online Accounts Going Mainstream (33:50) - Helping Clients With IDme (34:50) - Paper Checks and Digital Push (38:13) - Succession Planning Best Practices (43:32) - AI Guidance Under Circular 230 (48:12) - AI Fees and Due Diligence (50:12) - Minimum Standards for Preparers (51:22) - IRS Forums and Wrap Up Follow the Federal Tax Updates Podcast on Social Mediatwitter.com/FedTaxPodfacebook.com/FedTaxPodlinkedin.com/showcase/fedtaxpodConnect with the Hosts on LinkedInRoger HarrisAnnie SchwabReviewLeave a review on Apple Podcasts or PodchaserSubscribeSubscribe to the Federal Tax Updates podcast in your favorite podcast app!This podcast is a production of Earmark Media The full transcript for this episode is available by clicking on the Transcript tab at the top of this page All content from this podcast by SmallBizPros, Inc. DBA PADGETT BUSINESS SERVICES is intended for informational purposes only.

Roger and Annie preview Roger's upcoming NATP presentation, using ERC and the Kwong case as case studies for how firms can turn disruptive tax changes into revenue rather than just extra work. They walk through the mistakes made during ERC (delayed action, existing-clients-only focus, missed growth opportunity), the closing window on Kwong refund claims, and what firms need in place internally and externally to capitalize on the next unexpected change. The conversation closes with a candid take on AI's role in reshaping the profession, and why proactive communication, not tax return production, is where firms will keep their value. SponsorsPadgett -  Contact Padgett or Email Jeff Phillips Get NASBA Approved CPE or IRS Approved CELaunch the course on EarmarkCPE to get free CPE/CE for listening to this episode.Chapters (00:00) - Welcome Back Annie (00:50) - Previewing The Conference Talk (02:46) - Clients Want Advisory (08:09) - AI And The Future (10:03) - ERC Lessons Learned (15:16) - Tools For Fast Changes (17:29) - Marketing Beyond Clients (26:05) - OBBA And Data Mining (31:14) - Invest in Tech Stack (32:16) - OBB Client Communication (34:58) - Kwong Case Refund Window (39:29) - Data Mining and Online Accounts (41:45) - Communicate Even If Referring (46:18) - From Awareness to Action Plan (48:08) - AI as Drafting Assistant (49:39) - Future of Advisory Work (53:18) - AI Judgment and Pricing (58:08) - Wrap Up and Next Updates Follow the Federal Tax Updates Podcast on Social Mediatwitter.com/FedTaxPodfacebook.com/FedTaxPodlinkedin.com/showcase/fedtaxpodConnect with the Hosts on LinkedInRoger HarrisAnnie SchwabReviewLeave a review on Apple Podcasts or PodchaserSubscribeSubscribe to the Federal Tax Updates podcast in your favorite podcast app!This podcast is a production of Earmark Media The full transcript for this episode is available by clicking on the Transcript tab at the top of this page All content from this podcast by SmallBizPros, Inc. DBA PADGETT BUSINESS SERVICES is intended for informational purposes only.

Roger Harris is solo while Annie Schwab is on sabbatical, joined by John Lipold of the IRS Office of National Public Liaison for a look at this summer's IRS Nationwide Tax Forums, including the brand-new Day Zero sessions, the return of case resolution, early-bird pricing, and the cities likely to sell out first. The episode also covers an OPR alert urging every firm to build a succession plan, the IRS appeal in the Kwong case and the July 10 refund deadline it does not extend, renewed seasonal hiring, the new Tax Professional Management Office, and the bipartisan Taxpayer Assistance and Service Act moving through the Senate. SponsorsPadgett -  Contact Padgett or Email Jeff Phillips Get NASBA Approved CPE or IRS Approved CELaunch the course on EarmarkCPE to get free CPE/CE for listening to this episode.Links mentioned in this episodehttps://www.irstaxforum.com/Chapters (00:00) - Welcome and Guest Intro (01:03) - What National Public Liaison Does (03:50) - Tax Forum Season Overview (05:01) - Cities Dates and Logistics (05:57) - What Makes Forums Different (10:02) - Pricing and Registration Deadlines (11:27) - Case Resolution and Digital Help (13:48) - Day Zero Practice Management (18:08) - Exhibit Hall and Networking Perks (19:52) - Sellouts and Final Forum Tips (23:13) - Transition to Other Updates (24:12) - Kwong Case Appeal and Deadlines (29:54) - Succession Planning OPR Alert (39:56) - IRS Hiring and Practitioner Office Changes (44:17) - Taxpayer Assistance and Service Act (51:01) - Wrap Up and Next Episode Follow the Federal Tax Updates Podcast on Social Mediatwitter.com/FedTaxPodfacebook.com/FedTaxPodlinkedin.com/showcase/fedtaxpodConnect with the Hosts on LinkedInRoger HarrisAnnie SchwabReviewLeave a review on Apple Podcasts or PodchaserSubscribeSubscribe to the Federal Tax Updates podcast in your favorite podcast app!This podcast is a production of Earmark Media The full transcript for this episode is available by clicking on the Transcript tab at the top of this page All content from this podcast by SmallBizPros, Inc. DBA PADGETT BUSINESS SERVICES is intended for informational purposes only.

Bob Kerr returns to break down his Tax Notes article on the IRS's Centralized Authorization File, the decades-old system that processes Forms 2848 and 8821 almost entirely by hand, now buried under 7 million forms a year at roughly 500 staff years and $50 million to run. He, Roger, and Annie get into why the backlog keeps growing, how practitioners can get ahead of it by putting 8821s on file early, and why transcripts belong in your current-year filing, not just your representation work. SponsorsPadgett -  Contact Padgett or Email Jeff Phillips Get NASBA Approved CPE or IRS Approved CELaunch the course on EarmarkCPE to get free CPE/CE for listening to this episode.Read Bob's Article https://www.taxnotes.com/tax-notes-federal/practice-and-procedure/high-costs-irss-centralized-authorization-file-system/2026/04/06/7vjccChapters (00:00) - Welcome and Setup (02:36) - Why CAF Matters Now (06:54) - CAF Explained POA vs TIA (10:42) - Choosing 8821 vs 2848 (13:46) - Backlogs and Real Impacts (15:45) - Manual Processing Volume Surge (18:54) - Million Hours and 50M Cost (21:23) - Deadlines Snowball Effect (24:01) - CAF Volume Spiral (24:59) - Early Transcripts Benefits (28:33) - Client Use Cases (30:27) - Why IRS Can’t Keep Up (39:13) - Train Clients and Set Expectations (43:33) - Transcripts Beyond Representation (44:32) - VITA Volunteering Insights (48:56) - Wrap Up and Thanks Follow the Federal Tax Updates Podcast on Social Mediatwitter.com/FedTaxPodfacebook.com/FedTaxPodlinkedin.com/showcase/fedtaxpodConnect with the Hosts on LinkedInRoger HarrisAnnie SchwabReviewLeave a review on Apple Podcasts or PodchaserSubscribeSubscribe to the Federal Tax Updates podcast in your favorite podcast app!This podcast is a production of Earmark Media The full transcript for this episode is available by clicking on the Transcript tab at the top of this page All content from this podcast by SmallBizPros, Inc. DBA PADGETT BUSINESS SERVICES is intended for informational purposes only.

Roger and Annie catch up on everything that shifted while practitioners were buried in returns: a leaner, digital-first IRS under new CEO Frank Bisignano, a bumpy phase-out of paper checks, and stricter e-file matching that tripped up routine returns. The Kwong decision has handed taxpayers a hard July 10 deadline to claim refunds on COVID-era penalties and interest, with new ERC extension options and a possible conservation easement settlement adding to the summer to-do list. SponsorsPadgett -  Contact Padgett or Email Jeff Phillips Get NASBA Approved CPE or IRS Approved CELaunch the course on EarmarkCPE to get free CPE/CE for listening to this episode.Links mentioned in this episodeChapters (00:00) - Welcome Back From DC (00:46) - What We Heard In Washington (01:37) - Busy Season Takeaways (03:53) - IRS Digital Transformation (07:42) - CAF Delays And Practitioner Pain (09:31) - Online Accounts And ID Verification (14:54) - Paper Checks Phaseout Confusion (21:00) - Efile Rejections And Fraud Filters (22:43) - Trump Accounts And State Conformity (26:25) - New Developments The Kwong Case (28:45) - What Kuang Covers (34:07) - Practitioner Duty to Notify (37:49) - Processing Delays and Proof (41:19) - ERC Extra Time Request (43:27) - Easement Penalties and Settlement (48:11) - Action Items and IRS Forums (52:50) - Wrap Up and Next Episodes Follow the Federal Tax Updates Podcast on Social Mediatwitter.com/FedTaxPodfacebook.com/FedTaxPodlinkedin.com/showcase/fedtaxpodConnect with the Hosts on LinkedInRoger HarrisAnnie SchwabReviewLeave a review on Apple Podcasts or PodchaserSubscribeSubscribe to the Federal Tax Updates podcast in your favorite podcast app!This podcast is a production of Earmark Media The full transcript for this episode is available by clicking on the Transcript tab at the top of this page All content from this podcast by SmallBizPros, Inc. DBA PADGETT BUSINESS SERVICES is intended for informational purposes only.

Roger and Annie take Federal Tax Updates on the road to the NAEA National Fly-In in Washington, D.C., joined by Tax Notes Federal reporter Ben Valdez and a room full of practitioners ready to talk. The conversation covers the messy rollout of the One Big Beautiful Bill, the paper check-to-direct-deposit transition that left many taxpayers stranded, IRS phone lines that connect but don't solve, and the growing gap between what clients are hearing on TikTok and what their tax pros are actually filing. It's a filing season debrief unlike any other. SponsorsPadgett -  Contact Padgett or Email Jeff Phillips Get NASBA Approved CPE or IRS Approved CELaunch the course on EarmarkCPE to get free CPE/CE for listening to this episode.Links mentioned in this episodeChapters (00:00) - Live From DC Fly-In (00:57) - Meet Ben Valdez (01:37) - Why Tax Journalism (02:19) - Reporting Complex Tax (03:14) - What Ben Is Watching (04:19) - Annie Recaps Filing (06:40) - Paper Checks Fallout (10:42) - Calling The IRS (13:04) - Audience SSN Credit Trap (15:41) - Standards And Misinformation (18:39) - Expats And International Changes (22:06) - Who Really Benefited (23:44) - Refund Hype Reality (25:11) - Fighting Tax Misinformation (27:01) - VITA Outreach Ideas (29:57) - Two Way IRS Dialogue (33:26) - No Silver Bullet Comms (35:43) - Payments Notices Chaos (37:06) - Phone Help Training Gaps (39:34) - Digital Messaging Future (42:16) - Identity Verification Surge (45:50) - Advisory Committees Value (48:09) - E File Rejections 1065 (50:07) - Final Thanks Wrap Up Follow the Federal Tax Updates Podcast on Social Mediatwitter.com/FedTaxPodfacebook.com/FedTaxPodlinkedin.com/showcase/fedtaxpodConnect with the Hosts on LinkedInRoger HarrisAnnie SchwabReviewLeave a review on Apple Podcasts or PodchaserSubscribeSubscribe to the Federal Tax Updates podcast in your favorite podcast app!This podcast is a production of Earmark Media The full transcript for this episode is available by clicking on the Transcript tab at the top of this page All content from this podcast by SmallBizPros, Inc. DBA PADGETT BUSINESS SERVICES is intended for informational purposes only.

Roger and Annie kick off post-tax season with a checklist of what to do now — from chasing down e-file rejections to evaluating your firm's clients, staff, and workflow while it's all still fresh. They also cover the latest OBBA updates on No Tax on Tips, key IRS filing season stats from the April 15th Congressional hearing, and an urgent reminder about the Kwong v. United States penalty relief deadline that's closer than you think. SponsorsPadgett -  Contact Padgett or Email Jeff Phillips Get NASBA Approved CPE or IRS Approved CELaunch the course on EarmarkCPE to get free CPE/CE for listening to this episode.Links mentioned in this episodeChapters (00:00) - Welcome to Federal Tax Updates (00:56) - How Filing Season Went (03:07) - E File Perfection Period (05:28) - Avoid Rejection Penalties (06:27) - Post Season Firm Review (08:49) - Staff Clients Tech Tune Up (11:28) - Receivables And Reality Check (14:28) - Extensions And Client Capacity (17:21) - Kwong Case Penalty Relief (22:00) - How To File Form 843 (24:00) - Finding Penalties And Advising Clients (26:08) - Refund Tips Appeal Risk (28:15) - Appeal Or Move On (29:28) - Find Claims And Notify Clients (31:00) - Value Price The Filing (32:55) - No Tax On Tips Update (36:54) - Trump Accounts Stats (39:27) - Refund Credit Goes To Preparers (41:23) - IRS Hearing Highlights (46:55) - Budget Cuts And Tax Gap (51:53) - Wrap Up And DC Teaser Follow the Federal Tax Updates Podcast on Social Mediatwitter.com/FedTaxPodfacebook.com/FedTaxPodlinkedin.com/showcase/fedtaxpodConnect with the Hosts on LinkedInRoger HarrisAnnie SchwabReviewLeave a review on Apple Podcasts or PodchaserSubscribeSubscribe to the Federal Tax Updates podcast in your favorite podcast app!This podcast is a production of Earmark Media The full transcript for this episode is available by clicking on the Transcript tab at the top of this page All content from this podcast by SmallBizPros, Inc. DBA PADGETT BUSINESS SERVICES is intended for informational purposes only.

IRS Stakeholder Liaison Glenn Gizzi returns with a sobering mid-tax-season update: data breaches affecting tax practitioners are already outpacing 2024, with over 206,000 taxpayers potentially compromised — and that's only what's been reported. Roger and Annie dig into why so many breaches go unreported, what a paper return filing means for a client's refund timeline (hint: think late 2027), and why getting every client an IP PIN before the next deadline isn't optional anymore. SponsorsPadgett -  Contact Padgett or Email Jeff Phillips Get NASBA Approved CPE or IRS Approved CELaunch the course on EarmarkCPE to get free CPE/CE for listening to this episode.Links mentioned in this episodeChapters (00:00) - Tax Season Check In (00:43) - Why Pros Are Targets (03:14) - Breach Stats Rising (05:01) - Reporting And Fallout (06:14) - Paper Return Backlog (09:31) - IP PIN For Everyone (11:26) - Long Term Identity Damage (15:36) - Monitor Your EFIN (16:22) - EFIN Compromise Explained (18:59) - Fast IRS Response Process (22:10) - Top Email Scams Today (26:35) - MFA And Safe Replies (30:22) - Train Your Staff (31:09) - How Breaches Start (32:32) - WISP Reality Check (35:09) - WISP Becomes Law (36:44) - Bank Info Hijacks (39:57) - Stop Refund Fraud Fast (42:14) - Refund Speed Risks (45:26) - IP PIN Protection Plan (50:57) - Stakeholder Liaison Help (56:40) - Closing Security Takeaways Follow the Federal Tax Updates Podcast on Social Mediatwitter.com/FedTaxPodfacebook.com/FedTaxPodlinkedin.com/showcase/fedtaxpodConnect with the Hosts on LinkedInRoger HarrisAnnie SchwabReviewLeave a review on Apple Podcasts or PodchaserSubscribeSubscribe to the Federal Tax Updates podcast in your favorite podcast app!This podcast is a production of Earmark Media The full transcript for this episode is available by clicking on the Transcript tab at the top of this page All content from this podcast by SmallBizPros, Inc. DBA PADGETT BUSINESS SERVICES is intended for informational purposes only.

Roger sits down with tax controversy attorneys Jessica Marine and Peter Haukebo of Frost Law to unpack a court ruling most tax pros haven't heard of — but probably should act on before July. The Kwong case could mean significant interest and penalty refunds for clients who filed late during the COVID pandemic, and the window to file a claim is closing fast. They also dig into where ERC cases stand now, including why blanket IRS denials are clogging the appeals pipeline and what practitioners should be watching. SponsorsPadgett -  Contact Padgett or Email Jeff Phillips Get NASBA Approved CPE or IRS Approved CELaunch the course on EarmarkCPE to get free CPE/CE for listening to this episode.Links mentioned in this episodeChapters (00:00) - Welcome and Setup (02:06) - Meet Frost Law Firm (04:19) - Jessica Tax Court Experience (06:08) - Why Tax Controversy Matters (06:55) - Kwong Case Overview (09:28) - Disaster Deadline Rules (11:22) - Refund Claims and Deadlines (14:03) - IRS Response and Strategy (18:12) - Filing Form 843 Right (25:32) - ERC Meets Kwong (29:03) - ERC Audits and Mediation (30:20) - Appeals Backlog Deadlines (31:23) - Why ERC Won’t Die (32:55) - PEO Refund Roadblocks (36:01) - Where ERC Litigation Stands (38:17) - IRS Service Breakdown (43:25) - Tariffs Ruling Refunds (48:07) - When to Call Frost (53:41) - New SBA EIDL Collections (54:40) - Tariff Refunds Non Importers (56:50) - Final Thanks Sign Off Follow the Federal Tax Updates Podcast on Social Mediatwitter.com/FedTaxPodfacebook.com/FedTaxPodlinkedin.com/showcase/fedtaxpodConnect with the Hosts on LinkedInRoger HarrisAnnie SchwabReviewLeave a review on Apple Podcasts or PodchaserSubscribeSubscribe to the Federal Tax Updates podcast in your favorite podcast app!This podcast is a production of Earmark Media The full transcript for this episode is available by clicking on the Transcript tab at the top of this page All content from this podcast by SmallBizPros, Inc. DBA PADGETT BUSINESS SERVICES is intended for informational purposes only.

Roger and Annie check in at the 40% mark of filing season, covering a flurry of legislative activity — from a bipartisan Senate bill that would finally create minimum standards for tax preparers, to new crypto regulatory frameworks and the surprisingly complex mess around car loan interest deductions. They also break down what the IRS CEO told Congress this week, including some filing season stats that are better than expected, and some quality concerns that aren't. SponsorsPadgett -  Contact Padgett or Email Jeff Phillips Get NASBA Approved CPE or IRS Approved CELaunch the course on EarmarkCPE to get free CPE/CE for listening to this episode.Links mentioned in this episodeChapters (00:00) - Tax Season Check In (02:23) - Bipartisan IRS Service Bill (03:33) - Modernizing IRS Tech (07:52) - Tax Preparer Standards (12:02) - OBBBA 2.0 Talk (16:04) - Healthcare Proposals (17:33) - Crypto Regulation Bills (21:30) - Bills That Passed (23:45) - Scams and Security Focus (27:31) - Filing Season Updates (28:01) - IRS Service Struggles (29:24) - Union Morale Fallout (31:23) - Notices and Forms Update (33:26) - CEO Hearing Highlights (36:11) - Audits and Tax Gap (38:17) - New Deductions Growing Pains (39:49) - Car Loan Interest Confusion (47:01) - ERC and Other Fraud Lessons (49:30) - Tariffs and Refund Questions (51:15) - AI Tax Prep Threat (53:02) - Wrap Up and Sign Off Follow the Federal Tax Updates Podcast on Social Mediatwitter.com/FedTaxPodfacebook.com/FedTaxPodlinkedin.com/showcase/fedtaxpodConnect with the Hosts on LinkedInRoger HarrisAnnie SchwabReviewLeave a review on Apple Podcasts or PodchaserSubscribeSubscribe to the Federal Tax Updates podcast in your favorite podcast app!This podcast is a production of Earmark Media The full transcript for this episode is available by clicking on the Transcript tab at the top of this page All content from this podcast by SmallBizPros, Inc. DBA PADGETT BUSINESS SERVICES is intended for informational purposes only.