CONTINUING EDUCATION FOR TAX & FINANCIAL PROFESSIONALS

Tony & Damien’s Top 10: How to Fail the SPA Test

Episode Description

The “Significant Participation Activities Test” and “Five of Ten Years Test” are used to determine if a taxpayer materially participates in an activity. The question considered in TAM 202229036 is this: Does participation via the SPA rule count for purposes of the “Five of Ten Years” test? The results might surprise you. In this episode, Tony and Damien break down the IRS’s analysis, as well as what it means for taxpayers.

Podcast Hosts

Other Episodes

SECURE 2.0 Roundtable with Denise Appleby and Larry Pon

Part 3

Apr 10, 2023

In the third episode of this limited series, hosts Larry Pon and Denise Appleby dive into …

SECURE 2.0 Roundtable with Denise Appleby and Larry Pon: Part 3 Read More »

Play Now 00:24:44

SECURE 2.0 Roundtable with Denise Appleby and Larry Pon

Part 2

Apr 3, 2023

In the second episode of this limited series, hosts Larry Pon and Denise Appleby discuss some …

SECURE 2.0 Roundtable with Denise Appleby and Larry Pon: Part 2 Read More »

Play Now 00:32:34

SECURE 2.0 Roundtable with Denise Appleby and Larry Pon

Part 1

Mar 27, 2023

In the first episode of this limited series, veteran financial experts Denise Appleby and Larry Pon …

SECURE 2.0 Roundtable with Denise Appleby and Larry Pon: Part 1 Read More »

Play Now 00:15:18