2024 Year-End Hot Tax Topics Round Up – FinCEN BOI, FBAR Litigation, and Beyonce

The Essential Tax Podcast with Mishkin Santa, Episode 20

In this episode of The Essential Tax Podcast, Mishkin Santa discusses international tax topics involving Canada, Germany, France, Israel, and more!

Tune in for these key takeaways:
* Tax developments in Canada due to resuming collection activities post-pandemic
* Tax implications due to political and tax turmoil in Germany and France
* New developments in the Corporate Transparency Act litigation, the Net Investment Income Tax cases, and recent IRS compliance initiatives
* Tax-related cases involving notable individuals like Beyoncé
* New IRS guidelines on digital assets and the enforcement of FBAR penalties

Further Resources:
* FOIA Lawsuit on Puerto Rico Act 22 Citation: Center for Popular Democracy v. IRS; No. 1:24-cv-0292
* FinCEN Storm Victim:

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About The Essential Tax Podcast:
In each episode of The Essential Tax Podcast, Mishkin Santa takes on the complex world of tax — all the jargon, acronyms, and stuff that make your eyes glaze over, and explains it in an impactful way to understand the complex and unknown areas.