Here’s what you’re looking for: Art Werner

PODCAST

Werner: Tax-Free Tips? Not So Fast | Quick Tax Tip

A campaign promise turns into tax code reality—but only for a limited time.

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Quick Tax Tip
With Art Werner
CPE Today

On the latest Quick Tax Tip, tax guru Art Werner unpacks one of the buzziest provisions tucked into the “One Big Beautiful Bill”: the partial exemption of tips from taxation.

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During their campaigns, both former President Trump and Vice President Harris floated the idea of eliminating taxes on tips. Now, some of that rhetoric has made its way into law—but with caveats that every taxpayer, accountant, and employer in the hospitality sector needs to understand.

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PODCAST

Werner: Retain Talent AND Reduce Taxes | Quick Tax Tip

The PFML federal tax credit is no longer temporary. Here’s how to claim it, avoid pitfalls, and support your workforce.

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Quick Tax Tip
With Art Werner
CPE Today

If you’ve been taking advantage of the federal Paid Family and Medical Leave (PFML) credit, here’s some good news: It’s no longer set to expire. Thanks to recent legislation, the enhancement of this credit is now permanent—a significant win for employers who want to support their staff without taking a major financial hit.

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Catch more Art Werner, Wednesday, Sept. 3, for Tax Rumors, Episode 3, with CPA Steve Yoss, and hosted by CPA Trendlines’ Rick Telberg.

In the latest Quick Tax Tip episode, tax expert Art Werner breaks down exactly what this means for your business, how you can qualify, and the rules you must follow to keep this benefit in play.

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PODCAST

Werner: Avoid the Tax Traps of OBBBA | Quick Tax Tip

The One Big Beautiful Bill Act can reward smart planners—and punish the unprepared.

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Quick Tax Tip
With Art Werner
CPE Today

In the aftermath of the newly enacted One Big Beautiful Bill Act (OBBBA), taxpayers and businesses alike are scrambling to determine whether they stand to gain or lose under the sweeping changes. But according to tax authority Art Werner, the dividing line between winners and losers is clear: those who plan will win; those who don’t will lose.

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Catch more Art Werner, Wednesday, Sept. 3, for Tax Rumors, Episode 3, with CPA Steve Yoss, and hosted by CPA Trendlines’ Rick Telberg.

“There are always winners and losers in a tax bill,” Werner says in the latest Quick Tax Tip podcast. “But the best answer I can give at this point is that the winners are going to be the people who plan.”

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PODCAST

Werner: Parking Perks That Pack a Tax Punch | Quick Tax Tip

Nonprofit employees face a new tax reality on fringe benefits.

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Quick Tax Tip
With Art Werner
CPE Today

For years, employers could offer free or subsidized parking or public transit passes as a valuable fringe benefit without triggering extra tax for employees. Businesses could deduct the cost—up to an inflation-adjusted $325 per month in 2024—while employees enjoyed the perk tax-free.

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Catch more Art Werner, Wednesday, Sept. 3, for Tax Rumors, Episode 3, with CPA Steve Yoss, and hosted by CPA Trendlines’ Rick Telberg.

That changed under the Tax Cuts and Jobs Act (TCJA). Now, if a business deducts the cost of parking or transit benefits, employees must count it as taxable income. Employers can still shield employees from the tax by choosing not to deduct the expense.

But here’s where nonprofits face a unique twist: Unlike for-profit businesses, nonprofits generally don’t pay federal income tax. That means the choice to deduct or not deduct the expense is irrelevant—yet the TCJA requires nonprofit employees to treat the benefit as taxable income regardless.

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PODCAST

Werner: When Ethics Trump Client Loyalty | Quick Tax Tip

Unreported income from prior years may trigger a Circular 230 compliance issue that forces you to end the relationship.

Sponsored by “It’s Not Just the Numbers: How to Move Beyond the Numbers and Deliver Real Value for Your Clients”
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Subscribe to CPA Trendlines podcasts anywhere: Apple, Google/Youtube, Spotify, iHeart, Deezer, Amazon Music, Audible, Player FM, Audacy, RSS.

Quick Tax Tip
With Art Werner
CPE Today

In the latest Quick Tax Tip from CPA Trendlines, tax guru Art Werner dives into a sticky — but all too familiar — scenario facing tax professionals: discovering a client’s unreported income years after the fact.

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Catch more Art Werner, Wednesday, Sept. 3, for Tax Rumors, Episode 3, with CPA Steve Yoss, and hosted by CPA Trendlines’ Rick Telberg.

It begins innocently enough. A client brings in a Form 1099-K — perhaps for the first time — showing payments received through online sales platforms. The conversation reveals that this “new” activity isn’t new at all. The client has been running an internet-based side business for years, but never disclosed it to their preparer.

“Now you have a Circular 230 problem,” Werner warns.

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