Think Outside the Tax Box
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Our podcast shares samples from our exclusive articles, written by some of the top working tax professionals in the industry, voiced in a conversational-style for our valued monthly & annual subscribers who are on the go!
This podcast is AI generated and may introduce errors that the original source material does not have. Further, the audio versions may be lacking citations that the original written materials provide. At all times, refer to the original written source material at our website above.
FOR ENTERTAINMENT PURPOSES ONLY.
Episodes
10 episodes
The Ultimate Business Upgrade - 04-15-25
Looking to cut down on self-employment taxes on your partnership income? Converting your partnership into an S corporation might be the answer.If you currently run your business as a partnership or an LLC taxed as a partnership, you’re p...
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Season 1
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Episode 10
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18:47
Breaking Down Tax Benefits for Higher Education - 04-01-25
With the rising cost of higher education and greater reliance on student loans, taxpayers are looking for every opportunity to ease the financial burden of earning a degree. Fortunately, several higher education tax benefits are available to he...
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Season 1
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Episode 9
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18:55
10 Ways Tax Planners Can Prepare for Increased IRS Focus on Documentation During Audits - 03-15-25
The IRS is ramping up scrutiny of high-net-worth individuals and businesses, increasing audit rates by over 50% for those earning above $10 million. Recent IRS initiatives backed by Inflation Reduction Act funding have intensified enforcement o...
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Season 1
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Episode 8
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13:38
DeFi-nitely Confusing: Final Regulations for Digital Asset DeFi Brokers - 03-01-25
Late afternoon on the Friday before New Year’s Eve, the Treasury released another 115 pages of Digital Asset Regulations, along with a 13 page notice for good measure. As we’ve discussed previously on TOTTB, the last set of regs punted on a num...
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Season 1
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Episode 7
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13:11
Tax Credits for Historic Buildings - 02-15-25
Historic buildings make a beautiful location for doing business. Unfortunately, many of them may seem out of the price range of small business owners. But, that’s not necessarily the case! The state and federal governments have an interest in p...
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Season 1
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Episode 6
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21:38
Is Student Loan Forgiveness Taxable? It Depends... 02-01-25
Is student loan forgiveness taxable? Yes. No. Maybe. Sometimes. It primarily depends on the student loan forgiveness program. But like everything else with student loans, there are a number of other factors at play. Why make it easy when...
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Season 1
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Episode 5
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13:56
2025 Tax Surprises You Shouldn’t Overlook - 01-15-25
There are a few tax rules new for 2025 that may catch some individuals and their tax advisers by surprise. These changes have not received lots of attention either because they are overshadowed by related changes that are more significant, or t...
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Season 1
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Episode 4
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16:09
A Compendium of Year End Tax Strategies - 12-15-24
As summer turns to fall, the leaves turn and houses start being decorated, the air becomes crisper and the internet fills with year-end tax tip pieces. I call them tip sheets. I just love reading tip sheets, but I’m retired from active practice...
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Season 1
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Episode 3
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15:05
Lowering Student Loan Payments Through Tax Strategies - 12-15-24
There are roughly 42.7 million federal student loan borrowers as of Q4 2024, creating an opportunity to provide additional insight to your clients beyond tax preparation. By leveraging certain tax and repayment strategies, you can help your cli...
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Season 1
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Episode 2
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16:59
CTA on Pause - What Tax Pros Need to Know About the Nationwide Injunction and BOI Reporting - 12-15-24
On December 3, 2024, a U.S. District Court judge issued a nationwide preliminary injunction prohibiting FinCEN from enforcing the Corporate Transparency Act (CTA) and its associated Reporting Rule. This injunction halts the January 1, 2025, dea...
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Season 1
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Episode 1
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14:01