Sponsors
Padgett - Contact Padgett or Email Jeff Phillips

Chapters

• (00:00) - Welcome to Federal Tax Updates
• (01:22) - Introducing Special Guests: Terry Lemons and Danny Werfel
• (02:33) - Danny's Post-IRS Journey
• (08:03) - Terry Lemons' Post-IRS Activities
• (12:27) - Challenges Facing the IRS and Tax Professionals
• (19:52) - The Importance of IRS Compliance and Modernization
• (30:50) - Concerns About Workforce Sustainability
• (31:56) - Employee Retention Credit Issues
• (32:37) - Fraud and Government Response
• (35:30) - Impact of Government Shutdown on IRS Programs
• (36:53) - IRS Performance and Resource Allocation
• (40:52) - Challenges in Tax Compliance and Enforcement
• (46:17) - Preparing for the Upcoming Tax Season
• (51:19) - College Football Predictions
• (53:53) - Closing Remarks and Holiday Wishes

Connect with Danny Werfel
https://www.linkedin.com/in/danny-werfel-89441594

Follow the Federal Tax Updates Podcast on Social Media
twitter.com/FedTaxPod
facebook.com/FedTaxPod
linkedin.com/showcase/fedtaxpod

Connect with the Hosts on LinkedIn
Roger Harris - https://www.linkedin.com/in/rogerharrispbs/
Annie Schwab - https://www.linkedin.com/in/annie-schwab-852418261/

Review
Leave a review on Apple Podcasts or Podchaser

Subscribe
Subscribe 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.

John Barucci joins the show to break down his real-life data breach. John thought he had all the right safeguards in place: cyber insurance, firewalls, security training, and a written information security plan. But a single click on what appeared to be a Social Security Administration email led to bad actors accessing nine client files, altering returns, and changing bank account information in just 38 minutes.

Sponsors
Padgett - Contact Padgett or Email Jeff Phillips

Chapters

• (00:00) - Introduction and Greetings
• (00:56) - Current Events and Government Shutdown
• (01:56) - PTIN Renewal and Security Measures
• (02:59) - Introducing John Bucci's Story
• (04:34) - John Bucci's Cybersecurity Breach Experience
• (06:18) - Detailed Chronology of the Breach
• (18:38) - Immediate Actions Taken Post-Breach
• (22:14) - IRS and Software Company Responses
• (27:02) - Client Communication and Further Steps
• (30:34) - The Weight of Responsibility in Tax Practice
• (31:22) - The Importance of Having a Plan
• (32:28) - Immediate Actions Post-Breach
• (32:53) - Involvement of Thomson Reuters and Stopping the Breach
• (34:21) - Forensic Investigation and Legal Steps
• (35:48) - Cyber Insurance and Its Benefits
• (37:50) - IRS Practitioner Relief Program
• (43:27) - Final Reflections and Lessons Learned
• (50:02) - Conclusion and Final Thoughts

Connect with John:
https://www.linkedin.com/in/johnbarucci

Connect with the Hosts on LinkedIn
Roger Harris
Annie Schwab

Review
Leave a review on Apple Podcasts or Podchaser

Subscribe
Subscribe 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 welcome Alan Pinck, EA and moderator of Tax Talk Today, for a wide-ranging conversation about his transition from hospitality management to tax representation work. Alan shares war stories from the days of preparing returns by hand, explains why treating IRS auditors with respect yields better outcomes than adversarial tactics, and discusses the critical differences between examination and collections work. The conversation covers everything from ghost preparers and ERC problems to building a year-round practice, teaching strategies, and why the most important day of tax season is April 16th.

Sponsors
Padgett - Contact Padgett or Email Jeff Phillips

Connect with Alan
https://www.linkedin.com/in/alan-pinck-ea-1b29b66
https://apincktax.com/

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Chapters

• (00:00) - Introduction and Welcome
• (01:05) - Special Guest Introduction: Alan Pink
• (02:13) - Alan's Journey into Tax Profession
• (04:57) - Challenges and Anecdotes in Tax Preparation
• (13:09) - Representation and Audits
• (22:28) - Collections vs. Examination
• (29:12) - Current Issues and Credits
• (30:06) - Taxpayer Liability and Rule Changes
• (31:11) - Understanding Captive Insurance
• (33:35) - Advice for New Tax Professionals
• (34:33) - NAEA and Educational Programs
• (38:21) - Becoming a Tax Talk Moderator
• (41:36) - Challenges and Rewards of Live Shows
• (51:12) - Upcoming Speaking Engagements
• (53:19) - Final Thoughts and Farewell

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.