Tax Podcasts

Last night, thanks to the Tax Guru, I stumbled across Ed Zollar's web site, which has posted tax podcasts since July 2005.  Here are the three most recent tax podcasts available on the site:   

 

By the Form—New IRS Schedule D Instructions (12/24):

For our Christmas Eve edition of the podcast we look at the controversy that has arisen about a modification the IRS made to this year's Schedule D instructions. In the 2005 edition of the instructions, the IRS specifically indicates that taxpayers may not enter "See Attached" and reference a schedule of detailed transactions for Schedule D, but rather must fill the details on Schedule D-1.

Confession is Good for the Pocketbook (12/16):

This week we look at adequate disclosure under Revenue Procedure 2005-75 for purposes of escaping the substantial understatement penalty under Section 6662(a).

• Origin of the Claim - Legal Settlements and Fees and the Tax Law (12/9):

This week we look at the issue of legal fees and settlement, and the tax status of such. We'll look at the result in the Hauge case where a taxpayer and the partnership she owned virtually all of the interests in settled the same legal dispute with quite different tax consequences.