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How Tax Works

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Episode 39 What Should You Do If You Get Audited by the IRS (or State Revenue Agency)?
frblaw.com/podcast/what...

What Should You Do If You Get Audited by the IRS (or State Revenue Agency)? - Falcon Rappaport & Berkman LLP

In episode 39 of How Tax Works, Matt Foreman discusses what you should do if you get audited, including discussing the process of an audit, how to politely push back, and why you should never, ever ig...

frblaw.com

November 10, 2025 at 3:13 PM

How Tax Works

@howtaxworks.bsky.social

Episode 38: Updates to Qualified Small Business Stock (IRC 1202) and R&E Expensing Under OBBBA (IRC 174 and new 174A). Also, I discuss how OBBBA should be pronounced (real answer, no gimmicks): frblaw.com/podcast/upda...

October 27, 2025 at 4:17 PM

How Tax Works

@howtaxworks.bsky.social

Next two episodes are outlines and will be recorded next week. Tax audits & litigation.

October 24, 2025 at 4:13 AM

How Tax Works

@howtaxworks.bsky.social

Episode 37: If You Win the Lottery, the First Thing You Should Do Is… Call a Tax Lawyer?

frblaw.com/podcast/if-y...

October 14, 2025 at 7:56 PM

How Tax Works

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Episode 36: Grouping and Separate Activities Under 469 of the IRC

Listen here: frblaw.com/podcast/grou...
Spotify
open.spotify.com/episode/4Bzh...
Apple Podcasts: podcasts.apple.com/us/podcast/g...
Amazon Podcasts: music.amazon.com/podcasts/968...
BuzzSprout: www.buzzsprout.com/admin/237225...

Grouping and Separate Activities Under Section 469 of the Internal Revenue Code - Falcon Rappaport & Berkman LLP

In episode 36 of How Tax Works, Matt Foreman discusses grouping elections for the passive activity loss limitations, which are also generally applicable for sections 465 (at-risk limitations), 199A (q...

frblaw.com

September 30, 2025 at 1:53 AM

How Tax Works

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Episode 35: The Installment Method Under Section 453 (and 453A!) of the IRC

frblaw.com/podcast/the-...

The Installment Method Under Section 453 of Internal Revenue Code - Falcon Rappaport & Berkman LLP

In episode 35 of How Tax Works, Matt Foreman discusses sales where payment is over a number of years, with additional discussions of interest payments due to large notes and interaction with 1031 exch...

frblaw.com

September 15, 2025 at 6:20 PM

How Tax Works

@howtaxworks.bsky.social

Episodes 33 and 34: Can AI Replace Tax Lawyers?
Part I: frblaw.com/podcast/can-...
Part II: frblaw.com/podcast/can-...

Can AI Replace Tax Lawyers? (Part I) - Falcon Rappaport & Berkman LLP

In episode 33 of How Tax Works, Matt Foreman evaluates human and AI answers to a straightforward tax question, seeking to (somewhat) answer the question of whether AI can replace or augment tax lawyer...

frblaw.com

September 2, 2025 at 6:18 PM

How Tax Works

@howtaxworks.bsky.social

Episode 32: NFL is exchanging NFL Network (and Red Zone!) for a 10% equity stake in ESPN. How could that work from a tax perspective? frblaw.com/podcast/how-...

How I Think the ESPN and NFL Deal is Structured - Falcon Rappaport & Berkman LLP

In episode 32 of How Tax Works, Matt Foreman discusses the tax structure of the recently announced deal where the NFL is exchanging NFL Network and Redzone for a 10% equity stake in ESPN. Listen to th...

frblaw.com

August 18, 2025 at 2:21 PM

How Tax Works

@howtaxworks.bsky.social

I’m ready to record the next few episodes, including a two-parter on how well (or poorly) AI does with tax law.

August 11, 2025 at 3:19 AM

How Tax Works

@howtaxworks.bsky.social

Real Estate Investors and the Passive Activity Loss Rules under IRC 469: Listen here: frblaw.com/podcast/real...

Real Estate Investors and the Passive Activity Loss Rules under IRC 469 - Falcon Rappaport & Berkman LLP

In Episode 31 of How Tax Works, Matt Foreman revisits the passive activity loss limitation rules that he discussed in Episode 13—but from the view of real estate investors. The episode focuses on the ...

frblaw.com

August 4, 2025 at 4:15 PM

How Tax Works

@howtaxworks.bsky.social

Legit excited for the episode that’s coming out on Monday. A deep dive on IRC 469 (passive activity loss limitations) for real estate.

August 1, 2025 at 4:54 AM

How Tax Works

@howtaxworks.bsky.social

Episode 30: Gambling losses, whether something is a gift (or taxable income!), whether an asset is inventory or a capital asset, and closing with a discussion of Broadway producer George M. Cohan’s contribution to tax law. frblaw.com/podcast/famo...

Famous and Important Tax Cases: Part II - Falcon Rappaport & Berkman LLP

In episode 30 of How Tax Works, Matt Foreman continues his discussion of important and relevant tax cases, discussing gambling losses, whether something is a gift, whether an asset is inventory or a c...

frblaw.com

July 21, 2025 at 2:41 PM

How Tax Works

@howtaxworks.bsky.social

Episode 29: Tax cases you should know! Gregory (whether there is a patriotic duty to increase one's taxes); Eisner v. Macomber (stock dividends); Danielson (substance v form); Arrowsmith (ordinary v capital, not the band); and Orrisch (subK capital accounts):

frblaw.com/podcast/famo...

Famous and Important Tax Cases: Part I - Falcon Rappaport & Berkman LLP

In episode 29 of How Tax Works, Matt Foreman discusses important and relevant tax cases, noting that there might be a patriotic duty to pay your taxes due, the power of substance versus form arguments...

frblaw.com

July 7, 2025 at 3:49 PM

How Tax Works

@howtaxworks.bsky.social

Recorded along with 31, which discusses

Passive activity loss rules for real estate professionals IRC 469 rental

June 23, 2025 at 11:12 PM

How Tax Works

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It’s go time

June 23, 2025 at 9:46 PM

How Tax Works

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Episode 28: Family Offices (which doesn't require a family at all!): frblaw.com/podcast/fami...

Family Offices - Falcon Rappaport & Berkman LLP

In Episode 28 of How Tax Works, Matt Foreman discusses Family Offices, focusing on purpose, structure, and why they’re the perfect solution for booking a family vacation to Monaco. Listen to the episo...

frblaw.com

June 23, 2025 at 3:18 PM

How Tax Works

@howtaxworks.bsky.social

Episodes 29 and 30 are ready to be recorded. What will I discuss? Oh, it’s gonna be goooooood.

Gregory, Frank Lyon, Alstores, Danielsom, Groetzinger, Arrowsmith, Orrisch, Eisner v. Macomber, Crane, Tufts, Biedenharn, Corn Products, Arkansas Best, Mueller Pasta, Tobey, Grodt & McKay, Duberstein, Cohan.

June 20, 2025 at 3:40 AM

How Tax Works

@howtaxworks.bsky.social

Episode 28 out on Monday: Family Offices

June 17, 2025 at 11:07 PM

How Tax Works

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Episode 27: F Reorgs Part Deux:

Listen here: frblaw.com/podcast/f-re...

Spotify: open.spotify.com/episode/0J1a...

Apple Podcasts: podcasts.apple.com/us/podcast/f...

Amazon Music: music.amazon.com/podcasts/968...

F Reorgs Redux - Falcon Rappaport & Berkman LLP

In episode 27 of How Tax Works, Matt Foreman discuss what to do when you’ve made a S election and might have some remorse, need to restructure, or need to sell part of the business. Listen to the epis...

frblaw.com

June 10, 2025 at 1:16 PM

How Tax Works

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Episode 26: Now I know my ABCs next time won't you undertake an acquisitive reorganization with me?

Here: frblaw.com/podcast/abcs...

Also Spotify: open.spotify.com/episode/7uw7...

Apple Podcasts: podcasts.apple.com/us/podcast/a...

Amazon Music: music.amazon.com/podcasts/968...

ABCs of A, B, and C Reorganizations - Falcon Rappaport & Berkman LLP

In episode 26 of How Tax Works, Matt Foreman discusses how to ensure mergers and acquisitions are tax-free, why it’s not always best to squeeze into tax-free status, general requirements, and common i...

frblaw.com

May 28, 2025 at 12:40 PM

How Tax Works

@howtaxworks.bsky.social

Episode 25: Partnership Divisions, or I used to love you but now I hate you: frblaw.com/podcast/part...

Also: Spotify: open.spotify.com/episode/1x8J...

Apple Podcasts: podcasts.apple.com/us/podcast/p...

Amazon Music: music.amazon.com/podcasts/968...

Partnership Divisions

How Tax Works · Episode

open.spotify.com

May 12, 2025 at 9:31 PM

How Tax Works

@howtaxworks.bsky.social

Episode 25 (partnership divisions) is done and will be released on Monday. Episode 26 (A B C Reorgs) is outlined and will be recorded on Tuesday. About to start outlining Episode 27, which is about (look at the picture)