Join Jeremy Wells, EA, CPA, as he breaks down the complexities of tax law into practical guidance you can apply immediately. Each episode focuses on a specific tax strategy, credit, or compliance issue that matters to tax professionals and business owners. Rather than theoretical discussions, Jeremy delivers actionable insights based on real-world scenarios and current tax regulations. Whether you're navigating Section 1031 exchanges, maximizing research credits, or helping clients with energy tax incentives, this podcast provides the technical details and strategic considerations you need to confidently serve your clients. Perfect for tax practitioners looking to deepen their expertise and business owners wanting to make more informed tax decisions.
Tax in Action: Practical Strategies for Tax Pros
Claim This Podcastby Jeremy Wells, EA, CPA
Podcast Authority
Beta
Podcast Overview
Join Jeremy Wells, EA, CPA, as he breaks down the complexities of tax law into practical guidance you can apply immediately. Each episode focuses on a specific tax strategy, credit, or compliance issue that matters to tax professionals and business owners. Rather than theoretical discussions, Jeremy delivers actionable insights based on real-world scenarios and current tax regulations. Whether you're navigating Section 1031 exchanges, maximizing research credits, or helping clients with energy tax incentives, this podcast provides the technical details and strategic considerations you need to confidently serve your clients. Perfect for tax practitioners looking to deepen their expertise and business owners wanting to make more informed tax decisions.
Language
🇺🇲
Publishing Since
4/15/2025
Unlock The Full Podcast Authority Score Report
See how your podcast performs across key metrics
Podcast Authority
BetaRecommendations available
Unlock the full report to see detailed tips
Recommendations available
Unlock the full report to see detailed tips
Unlock comprehensive insights including:
- • YouTube presence analysis
- • Social media reach metrics
- • RSS compliance scoring
- • Podcast 2.0 features
- • Technical standards
Detailed Analytics
- Complete breakdown of all 19 authority metrics
- Personalized recommendations for each metric
- Industry benchmarks and comparisons
- Technical RSS feed analysis and compliance scoring
Growth Strategies
- Step-by-step action plans for improvement
- Quick wins to boost your score immediately
- Pro tips from successful podcasters
See how your show performs across every key metric
High authority scores make your podcast more attractive to industry leaders and influencers who want to appear on credible shows.
Sponsors look for podcasts with proven authority and engagement. Your score demonstrates your podcast's value to potential partners.
Understanding your strengths and weaknesses helps you make data-driven decisions to expand your listener base effectively.
1 verified contact email on file for Tax in Action: Practical Strategies for Tax Pros
Pitch yourself as a guest, propose sponsorships, or reach out directly to the host.
Recent Episodes
July 8, 2026
Limited Partner or Not? Why Courts Are Split on Your Tax Bill
<p>Jeremy digs into what actually makes someone a partner for federal tax purposes, tracing the definition back to the Supreme Court's Tower and Culbertson decisions and the "hypothetical liquidation" test for capital interests. From there, he unpacks the messier question of self-employment tax on partnership income: the undefined "limited partner as such" exception under IRC Section 1402(a)(13), and the current circuit split between the Tax Court's functional analysis (Renkemeyer, Soroban) and the Fifth Circuit's state-law approach in Sirius Solutions, with Denham Capital Management still pending at the First Circuit.</p><p><ul><li>(00:00) - Partnerships Recap Goals</li> <li>(01:27) - LLC Members Case Study</li> <li>(03:17) - Are Partners Equal</li> <li>(05:11) - Who Counts As Partner</li> <li>(10:14) - Tower Case Principles</li> <li>(14:48) - Culbertson Intent Test</li> <li>(17:30) - Congress Defines Capital Interest</li> <li>(26:26) - Capital Interest Explained</li> <li>(28:47) - General Versus Limited Partners</li> <li>(30:18) - Self Employment Tax Basics</li> <li>(33:19) - Limited Partner Definition Fight</li> <li>(36:06) - Key Court Cases Split</li> <li>(48:47) - New Cases Jurisdiction Issues</li> <li>(52:12) - Back To LLC Example</li> <li>(55:02) - Takeaways Next Episode</li> </ul><br><strong>Connect with Jeremy<br></strong><a href="https://www.linkedin.com/in/jwellstax">https://www.linkedin.com/in/jwellstax</a><br><a href="https://www.steadfastbookkeeping.com/">https://www.steadfastbookkeeping.com</a></p><p><strong>Subscribe on YouTube</strong><br><a href="https://www.youtube.com/@TaxinAction">https://www.youtube.com/@TaxinAction</a><strong></strong></p><p>Earn CPE for Listening to This Podcast<br><a href="https://www.earmark.app/">https://www.earmark.app/</a></p><p>This podcast is a production of <a href="http://earmark.me/"><strong>Earmark Media</strong></a></p>
June 24, 2026
When Does Co-Ownership Become a Partnership
<p>Two friends sharing a short-term rental, a married couple flipping houses, siblings splitting the income from a property they own together: any of these could be a partnership for federal tax purposes, often without the owners realizing it. This episode works through how federal tax law defines a partnership, when one actually forms, and why mere co-ownership does not automatically create one, drawing on Subchapter K, the regulations, and foundational cases like Tower and Culbertson. It also separates two regimes that frequently get conflated, the qualified joint venture under Section 761 and the community property LLC exception under Revenue Procedure 2002-69, and closes with a framework for making the call.</p><p><ul><li>(00:00) - Rental Friends Scenario</li> <li>(01:36) - Why Partnership Status Matters</li> <li>(02:28) - Aggregate Versus Entity</li> <li>(04:22) - Goals For This Episode</li> <li>(05:51) - IRS Partnership Definition</li> <li>(09:12) - Mere Co Ownership Tests</li> <li>(14:10) - LLCs And Entity Rules</li> <li>(17:20) - When A Partnership Forms</li> <li>(23:22) - Supreme Court Guidance</li> <li>(27:45) - Court Factors Checklist</li> <li>(33:50) - Electing Out Of Subchapter K</li> <li>(39:41) - Spouse Exceptions Explained</li> <li>(49:08) - Two Step Decision Framework</li> <li>(54:31) - Case Study Short Term Rental</li> <li>(57:01) - Key Takeaways And Wrap Up</li> </ul><br><strong>Connect with Jeremy<br></strong><a href="https://www.linkedin.com/in/jwellstax">https://www.linkedin.com/in/jwellstax</a><br><a href="https://www.steadfastbookkeeping.com/">https://www.steadfastbookkeeping.com</a></p><p><strong>Subscribe on YouTube</strong><br><a href="https://www.youtube.com/@TaxinAction">https://www.youtube.com/@TaxinAction</a><strong></strong></p><p>Earn CPE for Listening to This Podcast<br><a href="https://www.earmark.app/">https://www.earmark.app/</a></p><p>This podcast is a production of <a href="http://earmark.me/"><strong>Earmark Media</strong></a></p>
June 10, 2026
Cracking Open the Shell: How S Corp Asset Sales Actually Work
<p>A buyer who wants a business but not its liabilities will often buy the assets instead of the stock, and that one decision reshapes how the entire deal gets reported. This episode breaks down the S corporation asset sale from the ground up: allocating the purchase price across seven asset classes using the residual method under Section 1060, reporting it on Form 8594, and handling goodwill and other Section 197 intangibles. It also covers why each asset's character drives the gain that passes through to shareholders, and what documentation has to be locked down before you prepare a single return.</p><p><ul><li>(00:00) - Stock vs Asset Sales</li> <li>(03:32) - Course Goals Overview</li> <li>(06:04) - Lighthouse Example Setup</li> <li>(13:16) - Why Buyers Prefer Assets</li> <li>(16:29) - Section 1060 Basics</li> <li>(25:36) - Residual Method Classes</li> <li>(32:17) - Goodwill and Going Concern</li> <li>(40:45) - Personal Goodwill Cases</li> <li>(42:57) - Form 8594 Reporting</li> <li>(47:53) - Elections 338 and 336</li> <li>(50:08) - Due Diligence Checklist</li> <li>(53:18) - Workflow and Wrap Up</li> </ul><br><strong>Connect with Jeremy<br></strong><a href="https://www.linkedin.com/in/jwellstax">https://www.linkedin.com/in/jwellstax</a><br><a href="https://www.steadfastbookkeeping.com/">https://www.steadfastbookkeeping.com</a></p><p><strong>Subscribe on YouTube</strong><br><a href="https://www.youtube.com/@TaxinAction">https://www.youtube.com/@TaxinAction</a><strong></strong></p><p>Earn CPE for Listening to This Podcast<br><a href="https://www.earmark.app/">https://www.earmark.app/</a></p><p>This podcast is a production of <a href="http://earmark.me/"><strong>Earmark Media</strong></a></p>
33 total episodes available
Recent guests on Tax in Action: Practical Strategies for Tax Pros
Guests from recent episodes — sign up to see every guest that has ever appeared on this show.
Jeremy Wells
Guest
Similar Podcasts
Discover related shows you might enjoy
The Accounting Podcast
Blake Oliver & David Leary
Jason Daily
Jason Staats
Federal Tax Updates
Roger Harris, EA and Annie Schwab, CPA
Small Business Tax Savings Podcast
Mike Jesowshek, CPA
Earmark Podcast | Earn Free Accounting CPE
Blake Oliver, CPA
Tax Smart Real Estate Investors Podcast
Hall CPA
The EntreLeadership Podcast
Ramsey Network
MoneyWise
Hampton
Oh My Fraud
Caleb Newquist
Acquisitions Anonymous - #1 for business buying, selling and operating
Bill D'Alessandro, Mills Snell, Heather Endresen, and Michael Girdley
The Retirement and IRA Show
Jim Saulnier, CFP® & Chris Stein, CFP®
Dare to Lead with Brené Brown
Vox Media Podcast Network
The Great Retirement Debate with Ed Slott & Jeffrey Levine
The Great Retirement Debate with Ed Slott & Jeffrey Levine
The Stacking Benjamins Show
Joe Saul-Sehy and Josh ‘OG’ Bannerman, CFP
How I Built This with Guy Raz
Guy Raz | Wondery
Deep-dive analytics for Tax in Action: Practical Strategies for Tax Pros
Frequently asked questions
Have a different question and can't find the answer you're looking for? Reach out to our support team by sending us an email and we'll get back to you as soon as we can.
- What is Tax in Action: Practical Strategies for Tax Pros?
- How often does this podcast release new episodes?
This podcast updates daily.
- Where can I listen to this podcast?
This podcast is available on 4 platforms including Apple Podcasts, Spotify, and more. You can also use the RSS feed directly.
- Does this podcast accept guests?
Information about guest appearances is not available.
Legal Disclaimer
Pod Engine is not affiliated with, endorsed by, or officially connected with any of the podcasts displayed on this platform. We operate independently as a podcast discovery and analytics service.
All podcast artwork, thumbnails, and content displayed on this page are the property of their respective owners and are protected by applicable copyright laws. This includes, but is not limited to, podcast cover art, episode artwork, show descriptions, episode titles, transcripts, audio snippets, and any other content originating from the podcast creators or their licensors.
We display this content under fair use principles and/or implied license for the purpose of podcast discovery, information, and commentary. We make no claim of ownership over any podcast content, artwork, or related materials shown on this platform. All trademarks, service marks, and trade names are the property of their respective owners.
While we strive to ensure all content usage is properly authorized, if you are a rights holder and believe your content is being used inappropriately or without proper authorization, please contact us immediately at hey@podengine.ai for prompt review and appropriate action, which may include content removal or proper attribution.
By accessing and using this platform, you acknowledge and agree to respect all applicable copyright laws and intellectual property rights of content owners. Any unauthorized reproduction, distribution, or commercial use of the content displayed on this platform is strictly prohibited.