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Taxcast With Chelsea

Chelsea Harper, CMA, EA, MBA

Welcome to Taxcast with Chelsea: My background ranges from corporate finance, small business accounting roles, and now serving clients in a tax advisory role. While I enjoy researching and resolving tax issues for clients, I understand not everyone has the same tax resources and the information online can be overwhelming. My goal is to provide tax understanding to the everyday taxpayer. Taxcast with Chelsea is not legal or tax advice for your personal tax situation. My views are my own and am only speaking from a tax practitioner’s perspective for the general understanding of tax topics. I highly recommend you engage with an experienced tax professional if you are looking for personal tax advice. https://www.irs.gov/pub/irs-pdf/pcir230.pdf
Episodes
EPISODE 13. Understanding & Responding to IRS Letters & Examinations 101. March 27, 2023
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EPISODE 12. Taxes Now or Later? The Case for Paying at Low Tax Rates RIGHT now. IRS Tech Tools & Online Payments. March 14, 2023
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EPISODE 11. Deadline passes for IRS $80B spending plan. Daniel Werfel finally goes to Senate hearing. Tax Implications of Selling your Rental.February 27, 2023
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EPISODE 10. How to Tax Plan for Unexpected Income. Consumption Tax under the proposed “Fair tax” as compared to our current Income Tax system.February 07, 2023
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EPISODE 9. TIGTA reminds us the IRS continues to underperform with their Jan 12th 2023 report. Restaurant & Bar Tip Tax Credit reviewed..January 23, 2023
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EPISODE 8. 1099Ks $600 threshold delay. Highlights of Secure Act 2.0. Qualified Education Expenses best utilized when self-employed.January 03, 2023
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EPISODE 7. Check Washing Fraud & paying taxes. GAO audits the IRS’ 2022 Tax Season Operations. Los Angeles has a new Mansion Tax coming soon to solve their homeless crisisDecember 29, 2022
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EPISODE 6. How to file 1099 forms yourself for FREE. Tax Reporting for FTX Crypto Loss. Where are all the good tax accountants? Review of firm hiring & pricing issuesDecember 20, 2022
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EPISODE 5. TIGTA Report on IRS Controls to Prevent & Recover from Ransomware Attacks. Michael Avenatti Sentenced for stealing and tax fraud. State SALT Parity Acts adding significant tax savings for business owners (1120s & 1065).December 11, 2022
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EPISODE 4. Employer Retention Credits and their Audit baggage. Tax Strategies when retirement is on the horizon. TIGTA has a new website where anyone can file a form.December 05, 2022
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EPISODE 3. Reviewing IRS’s 2023 Audit Plan highlights. Roger McEowen’s Farm & Ranch Estate Planning Discussion. Inflation Reduction Act added new Energy Credit tax credits.November 27, 2022
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EPISODE 2. LLC Partnership to S Corporation transition discussion. Biden selects Daniel Werfel to be the next IRS Commissioner. Why solvency with Social Security matters.November 20, 2022
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EPISODE 1. Operation Hidden Treasure. Reality TV couple awaiting sentencing for tax crimes. IRS Appeals office updates.November 13, 2022
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