Shows
Andrew Rappaport's Rapp ReportThe Gospel According to Jonah: Lessons from a Reluctant EvangelistAndrew Rappaport dives deep into the fascinating tale of Jonah, exploring the complexities of divine mercy and human reluctance in this engaging episode of the Rapp Report. Right from the jump, he and his guest, John Neifert, tackle the intriguing paradox of a prophet who fled from delivering God's message, showcasing how Jonah's story resonates with the modern believer's struggle with evangelism. They share witty banter and insightful commentary, illuminating how often the church mirrors Jonah's hesitance to extend grace to those deemed unworthy, like the Ninevites. This conversation is not just about the narrative of a reluctant prophet...
2025-12-2451 min
How Tax WorksOffers in Compromise (OIC)In episode 42 of How Tax Works, Matt Foreman discusses the often misunderstood Offer in Compromise process, focusing on what types of OICs are likely to get accepted and the different reasons to request one, as well as state OIC corollaries.How Tax Works, hosted by Falcon Rappaport & Berkman LLP Partner Matthew E. Foreman, Esq., LL.M., delves into the intricacies of taxation, breaking down complex concepts for a clearer understanding of how tax laws impact your financial decisions. Follow us on Bluesky:@howtaxworks.bsky.socialThis podcast may be considered attorney advertising...
2025-12-2224 minAndrew Rappaport's Rapp ReportJoseph Spurgeon: Navigating Covenant and Dispensational TheologyCovenant theology and dispensationalism take center stage in the latest episode of the Rapp Report, hosted by Andrew Rappaport. The conversation kicks off with Andrew and his guest, Joseph Spurgeon, delving into the nuances of these theological frameworks, exploring how they shape interpretations of scripture and inform the Christian life. With their distinct backgrounds—Andrew's dispensationalist leanings and Joseph's commitment to covenant theology—the two engage in a thoughtful dialogue that balances respectful disagreement with a shared commitment to biblical truth. As they navigate through complex theological terrain, they touch on vital topics like the relationship between Israel and the...
2025-12-181h 06
Theology Throw DownEmbracing Christian Liberty: Holiday Traditions and Their True MeaningThe discourse presented in this episode of Theology Throwdown delves into the intricate and often contentious subject of holiday traditions, particularly focusing on the celebration of Christmas. The primary contention arises from differing perspectives on the necessity and value of Christmas trees, with one participant, Andrew Rappaport, expressing a dissenting view, likening himself to the Grinch due to his lack of attachment to this particular tradition. Throughout the discussion, we engage with the broader implications of holiday practices, emphasizing the importance of maintaining a Christ-centered focus during these significant times of the year. Our conversation further explores the role...
2025-12-1655 min
How Tax WorksPayment Plans and Penalty AbatementIn episode 41 of How Tax Works, Matt Foreman gives an overview of what taxpayers and their advisors should do and expect when they owe money and want to pay it off over time, while trying to lower the amount due without continuing the auditor or litigation.How Tax Works, hosted by Falcon Rappaport & Berkman LLP Partner Matthew E. Foreman, Esq., LL.M., delves into the intricacies of taxation, breaking down complex concepts for a clearer understanding of how tax laws impact your financial decisions. Follow us on Bluesky:@howtaxworks.bsky.socialThis...
2025-12-0827 min
Apologetics LiveWho is Melchizedek? A Deep Dive into His SignificanceThe central theme of this episode revolves around the enigmatic figure of Melchizedek, whose significance is often overlooked in theological discourse. As we delve into the scriptural references found in Genesis 14, Psalm 110, and the Book of Hebrews, I will elucidate the profound implications of Melchizedek's priesthood and its relation to the superior priesthood of Christ. This discussion is prompted by an insightful suggestion from my wife, who recognized the need for a deeper exploration of this complex character. We will examine the nature of Melchizedek's priesthood, its implications for our understanding of biblical authority, and how it contrasts with...
2025-12-051h 52Andrew Rappaport's Rapp ReportThe Love Life Mission: Spreading the Gospel in the Battle Against AbortionAndrew Rappaport dives deep into the pressing issue of abortion, highlighting the critical role of evangelism in offering hope to women facing this harrowing decision. He and his guest, Brian Ottinger, discuss the transformative work of Love Life, a ministry dedicated to changing hearts and saving lives by providing support to both mothers and fathers who are contemplating abortion. They emphasize the importance of viewing this issue through a gospel-centered lens, encouraging listeners to engage compassionately rather than with anger. Through heartfelt anecdotes and personal testimonies, they explore how Love Life mobilizes churches to create a network of support...
2025-11-2651 min
How Tax WorksWhat You Should Do If Your Audit Goes Poorly and You Need to Litigate?In episode 40 of How Tax Works, Matt Foreman continues his discussion of tax controversy, discussing appeals and litigation, focusing on timing, audit risk, and other related issues.How Tax Works, hosted by Falcon Rappaport & Berkman LLP Partner Matthew E. Foreman, Esq., LL.M., delves into the intricacies of taxation, breaking down complex concepts for a clearer understanding of how tax laws impact your financial decisions. Follow us on Bluesky:@howtaxworks.bsky.socialThis podcast may be considered attorney advertising. This podcast is not presented for purposes of legal advice or for providing...
2025-11-2431 minApologetics LiveExploring Truth: A Philosophical Debate on Existence and MoralityIn this engaging episode of Apologetics Live, we delve into the critical examination of truth and morality through a thought-provoking dialogue with Landon, a self-identified atheist. The conversation opens with a foundational question: Can statements be classified as either true or false, and how does this classification impact our understanding of existence? Throughout the discourse, we explore various philosophical perspectives, including the nature of consciousness, the implications of relational ontology, and the ethical ramifications of moral truths. As we navigate the complexities of morality, Landon presents his view that morality is rooted in relational integrity, challenging the conventional theistic...
2025-11-212h 04Andrew Rappaport's Rapp ReportFrom Jewish Roots to Christian Truth: Andrew Rappaport's JourneyAndrew Rappaport dives into the depths of apologetics and personal testimony in this engaging episode of the Rapp Report. He shares his journey from a Jewish upbringing to embracing Christianity, spotlighting the profound challenges and misconceptions he faced along the way. The conversation takes a sharp turn as Andrew delves into the complexities of textual criticism and the law, exploring how these elements interact with faith and understanding. Listeners will appreciate Andrew's candid reflections on the perceptions of Jesus within the Jewish community and the historical implications of Christianity's teachings. As he articulates the uniqueness of Christianity—rooted in th...
2025-11-121h 33
How Tax WorksWhat Should You Do If You Get Audited by the IRS (or State Revenue Agency)?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 ignore the audit.How Tax Works, hosted by Falcon Rappaport & Berkman LLP Partner Matthew E. Foreman, Esq., LL.M., delves into the intricacies of taxation, breaking down complex concepts for a clearer understanding of how tax laws impact your financial decisions. Follow us on Bluesky:@howtaxworks.bsky.socialThis podcast may be considered attorney advertising. This podcast...
2025-11-1033 minAndrew Rappaport's Rapp ReportWhy am I a Dispensationalist?Andrew Rappaport dives into the intriguing world of biblical interpretation in this episode, tackling the question, "Why am I a dispensationalist?" He sets the stage by inviting listeners—particularly those with a covenant theology background—to engage with his perspective, suggesting that they may discover common ground. Throughout the discussion, Andrew clarifies that dispensationalism is not merely an end-times view but a hermeneutic, or a methodology for interpreting Scripture. He challenges preconceived notions about both dispensationalism and covenant theology, highlighting the importance of understanding the literary context and distinct interpretations of biblical texts. With a blend of wit and insi...
2025-11-0556 minAndrew Rappaport's Rapp ReportThe Theology Tango: A Playful Debate Among FriendsAndrew Rappaport dives deep into a lively conversation with Cody Fields, fresh off their escapades at the Fight Laugh Feast Conference. The episode kicks off with a focus on the robust debate surrounding dispensationalism and covenant theology, showcasing the friendly banter and playful disagreements that arise when two theological minds collide. As they unpack their perspectives, Andrew highlights the importance of understanding different viewpoints within the Christian faith, all while maintaining a light-hearted atmosphere filled with wit and camaraderie. The duo's engaging dialogue not only entertains but also enlightens listeners on navigating theological differences and the beauty of shared...
2025-10-2940 min
Love, Exes & Oh'sWhen Cheating is ACTUALLY Cheating!Love, Exes and Oh’sHosted by Denise Rappaport Isaacs, Esq. and Leah H. Mayersohn, Esq.Where’s the line between harmless flirting and full-blown betrayal? Leah Mayersohn and Denise Rappaport Isaacs dive into the gray areas of modern infidelity—DMs, emotional affairs, and everything in between. With stories from the front lines of divorce law, they break down what really counts as cheating and why intent can matter just as much as action. It’s smart, spicy, and may have you rethinking that “innocent” late-night text.https://www.mayersohnlaw.com/https...
2025-10-2714 min
How Tax WorksUpdates to Qualified Small Business Stock and R&E Expensing Under OBBBAIn episode 38 of How Tax Works, Matt Foreman discusses the updates and modifications to Qualified Small Business Stock (IRC 1202) and R&E Expensing (IRC 174) Under OBBBA, plus a bonus discussion of how he thinks OBBBA should be pronounced.How Tax Works, hosted by Falcon Rappaport & Berkman LLP Partner Matthew E. Foreman, Esq., LL.M., delves into the intricacies of taxation, breaking down complex concepts for a clearer understanding of how tax laws impact your financial decisions. Follow us on Bluesky:@howtaxworks.bsky.socialThis podcast may be considered attorney advertising. This podcast...
2025-10-2732 min
How Not To Suck At Divorce174. The 3 Biggest Mistakes Made in the First 30 Days of DivorceThe first 30 days of divorce can feel like a tornado: unpredictable, emotional, and expensive if you’re not careful. In this episode, hosts Andrea Rappaport (comedian + marketing guru) and Morgan L. Stogsdill (family law powerhouse) share the top three mistakes people make in the early days of divorce, and how to avoid them.From texting your ex when you’re angry, to oversharing on social media, to thinking you can “speed through” the legal process. This episode breaks down the emotional, financial, and legal landmines that derail people again and again. You’ll laugh, cringe, and probably see yourse...
2025-10-2433 min
How Tax WorksIf You Win the Lottery, the First Thing You Should Do Is… Call a Tax Lawyer?In episode 37 of How Tax Works, Matt Foreman discusses the various tax things you should consider when you win the lottery, right after you throw a party in the Whale Room of the American Museum of Natural History.How Tax Works, hosted by Falcon Rappaport & Berkman LLP Partner Matthew E. Foreman, Esq., LL.M., delves into the intricacies of taxation, breaking down complex concepts for a clearer understanding of how tax laws impact your financial decisions. Follow us on Bluesky:@howtaxworks.bsky.socialThis podcast may be considered attorney advertising. This podcast...
2025-10-1421 min
How Tax WorksGrouping and Separate Activities Under Section 469 of the Internal Revenue CodeIn 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 (qualified business income), and other parts of the Internal Revenue Code.How Tax Works, hosted by Falcon Rappaport & Berkman LLP Partner Matthew E. Foreman, Esq., LL.M., delves into the intricacies of taxation, breaking down complex concepts for a clearer understanding of how tax laws impact your financial decisions. Follow us on Bluesky:@howtaxworks.bsky.socialThis podcast may be considered attorney advertising. This podcast...
2025-09-2919 minAndrew Rappaport's Rapp ReportUnpacking the Impact: Why Charlie Kirk's Assassination Shook Us AllAndrew Rappaport delves into the somber yet impactful topic of Charlie Kirk's assassination in this thought-provoking episode of The Rapp Report. He unpacks why this tragic event resonated so profoundly with so many individuals, suggesting that the visceral nature of witnessing such violence against a prominent figure of free speech struck a chord across the nation. Rappaport emphasizes the contrast between the public's reaction to Kirk's murder and the often muted responses to other tragic losses, highlighting a societal shift where the silencing of voices advocating for dialogue and debate has escalated to lethal measures. He adeptly navigates the...
2025-09-1750 min
How Tax WorksThe Installment Method Under Section 453 of Internal Revenue CodeIn 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 exchangesHow Tax Works, hosted by Falcon Rappaport & Berkman LLP Partner Matthew E. Foreman, Esq., LL.M., delves into the intricacies of taxation, breaking down complex concepts for a clearer understanding of how tax laws impact your financial decisions. Follow us on Bluesky:@howtaxworks.bsky.socialThis podcast may be considered attorney advertising. This podcast is not presented for purposes of...
2025-09-1527 min
How Tax WorksCan AI Replace Tax Lawyers? (Part I)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 lawyers.How Tax Works, hosted by Falcon Rappaport & Berkman LLP Partner Matthew E. Foreman, Esq., LL.M., delves into the intricacies of taxation, breaking down complex concepts for a clearer understanding of how tax laws impact your financial decisions. Follow us on Bluesky:@howtaxworks.bsky.socialThis podcast may be considered attorney advertising. This podcast is not presented for purposes...
2025-09-0238 min
How Tax WorksCan AI Replace Tax Lawyers? (Part II)In episode 34 of How Tax Works, Matt Foreman continues his evaluation of human and AI answers to a less straightforward tax question, seeking to (hopefully) answer the question of whether AI can replace or augment tax lawyers.How Tax Works, hosted by Falcon Rappaport & Berkman LLP Partner Matthew E. Foreman, Esq., LL.M., delves into the intricacies of taxation, breaking down complex concepts for a clearer understanding of how tax laws impact your financial decisions. Follow us on Bluesky:@howtaxworks.bsky.socialThis podcast may be considered attorney advertising. This podcast is...
2025-09-0236 min
Love, Exes & Oh'sGetting Divorced Over Bedroom StrugglesLove, Exes and Oh’sHosted by Denise Rappaport Isaacs, Esq. and Leah H. Mayersohn, Esq.What happens when bad sex leads to a split? In this episode, Leah Mayersohn and Denise Rappaport Isaacs break down the jaw-dropping case of a woman who faked it for seven years and now wants out. From prenups and postnups to hot divorces, pet custody, and even couples who haven’t shared a bed in years, these two powerhouse divorce lawyers spill the unfiltered truth about love, intimacy, and splitting assets. Get ready for sharp insights, plenty of laughs, and advice you...
2025-09-0112 minAndrew Rappaport's Rapp ReportDoes God Really Answer Prayers? Unpacking the Divine AppointmentThe podcast dives into the intriguing question, "Does God really answer our prayers?" as Andrew Rappaport welcomes John Mynyk, the author of a book exploring this very topic. John shares a personal journey that spans over a decade, where he grapples with the very essence of prayer and its perceived effectiveness in the Christian life. The conversation highlights a shared struggle among believers—while many pray earnestly for loved ones and divine appointments, doubts often creep in when immediate results aren’t forthcoming. With wit and candor, they discuss how moments of divine intervention can seem more like whimsical coin...
2025-08-2754 min
How Tax WorksHow I Think the ESPN and NFL Deal is StructuredIn 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.How Tax Works, hosted by Falcon Rappaport & Berkman LLP Partner Matthew E. Foreman, Esq., LL.M., delves into the intricacies of taxation, breaking down complex concepts for a clearer understanding of how tax laws impact your financial decisions. Follow us on Bluesky:@howtaxworks.bsky.socialThis podcast may be considered attorney advertising. This podcast is not presented for purposes of...
2025-08-1823 min
How Tax WorksReal Estate Investors and the Passive Activity Loss Rules under IRC 469In 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 additional rules for rental real estate, as well as practical tips to survive an audit.Listen to Episode 13 - At Risk Limitations under IRC 465 here:https://frblaw.com/podcast/passive-activity-losses-and-credit-limitations-under-irc-469/How Tax Works, hosted by Falcon Rappaport & Berkman LLP Partner Matthew E. Foreman, Esq., LL.M., delves into the intricacies of taxation, breaking down complex concepts for a...
2025-08-0423 min
How Tax WorksFamous and Important Tax Cases: Part IIIn 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 capital asset, and closing with a discussion of Broadway producer George M. Cohan’s contribution to tax law.How Tax Works, hosted by Falcon Rappaport & Berkman LLP Partner Matthew E. Foreman, Esq., LL.M., delves into the intricacies of taxation, breaking down complex concepts for a clearer understanding of how tax laws impact your financial decisions. Follow us on Bluesky:@howtaxworks.bsky.so...
2025-07-2123 minAndrew Rappaport's Rapp ReportDispensationalism and the 12-Day War: A Deep Dive with Andrew RappaportAndrew Rappaport and Adam Parker dive deep into the complex interplay of biblical theology, politics, and international relations, centering their discussion on the ongoing conflict in Israel and the implications of dispensationalism in contemporary Christian thought. The episode kicks off with a robust exploration of the so-called "12 Day War," where they dissect recent events, including the intricate socio-political dynamics surrounding Israel and Iran. Rappaport sheds light on the theological underpinnings that shape views on Israel's status as a nation and its relationship with the Jewish diaspora, while Parker interjects with a critique of how modern interpretations often clash with...
2025-07-161h 55Andrew Rappaport's Rapp ReportBiblical Interpretation: Are We Quenching the Spirit with Cessationism?Andrew Rappaport hosts a compelling discussion with Ryan Denton on the often contentious topic of spiritual gifts, diving into the nuances of continuationism and cessationism. They kick things off by exploring the extremes within these doctrines, particularly focusing on Ryan's concerns regarding the cessationist side, which he believes may sometimes be too rigid. As they navigate through definitions and historical perspectives, they emphasize the importance of balancing scriptural interpretation with a recognition of God's ongoing work in the world. The conversation highlights the value of nuanced understanding, encouraging listeners to engage thoughtfully with both traditional and contemporary views of...
2025-07-091h 10
How Tax WorksFamous and Important Tax Cases: Part IIn 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, and how hedges are taxed.How Tax Works, hosted by Falcon Rappaport & Berkman LLP Partner Matthew E. Foreman, Esq., LL.M., delves into the intricacies of taxation, breaking down complex concepts for a clearer understanding of how tax laws impact your financial decisions. Follow us on Bluesky:@howtaxworks.bsky.socialThis podcast may be considered attorney advertising. This...
2025-07-0723 min
How Tax WorksFamily OfficesIn 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.How Tax Works, hosted by Falcon Rappaport & Berkman LLP Partner Matthew E. Foreman, Esq., LL.M., delves into the intricacies of taxation, breaking down complex concepts for a clearer understanding of how tax laws impact your financial decisions. Follow us on Bluesky:@howtaxworks.bsky.socialThis podcast may be considered attorney advertising. This podcast is not presented for purposes of legal advice or fo...
2025-06-2325 min
How Tax WorksF Reorgs ReduxIn episode 27 of How Tax Works, Matt Foreman discusses 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.How Tax Works, hosted by Falcon Rappaport & Berkman LLP Partner Matthew E. Foreman, Esq., LL.M., delves into the intricacies of taxation, breaking down complex concepts for a clearer understanding of how tax laws impact your financial decisions. Follow us on Bluesky:@howtaxworks.bsky.socialThis podcast may be considered attorney advertising. This podcast is not presented fo...
2025-06-0922 min
How Tax WorksABCs of A, B, and C ReorganizationsIn 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 issues.How Tax Works, hosted by Falcon Rappaport & Berkman LLP Partner Matthew E. Foreman, Esq., LL.M., delves into the intricacies of taxation, breaking down complex concepts for a clearer understanding of how tax laws impact your financial decisions. Follow us on Bluesky:@howtaxworks.bsky.socialThis podcast may be considered attorney advertising. This podcast is not presented for purposes of...
2025-05-2722 minAndrew Rappaport's Rapp ReportNavigating the Social Media Minefield: Andrew Rappaport on Pastors and EthicsIn this episode, Andrew Rapoport dives deep into the murky waters of pastoral ethics in the age of social media, particularly in relation to the recent controversy surrounding Josh Buice. Listeners are in for a treat as Andrew shares personal experiences and insights many may not have heard before, shedding light on the often-hidden struggles of navigating public ministry amidst scandal. With a focus on biblical interpretation and application, he explores the ethical responsibilities of pastors and how social media can complicate the Christian witness. Their conversation touches on the emotional turmoil that arises when trusted leaders falter, emphasizing...
2025-05-141h 06
How Tax WorksPartnership DivisionsIn Episode 25 of How Tax Works, Matt Foreman discusses the tax implications of dividing partnerships, redeeming partners, and dealing with partnership debt. How Tax Works, hosted by Falcon Rappaport & Berkman LLP Partner Matthew E. Foreman, Esq., LL.M., delves into the intricacies of taxation, breaking down complex concepts for a clearer understanding of how tax laws impact your financial decisions. Follow us on Bluesky:@howtaxworks.bsky.socialThis podcast may be considered attorney advertising. This podcast is not presented for purposes of legal advice or for providing a legal opinion. Before any o...
2025-05-1224 min
How Tax WorksDivisive ReorganizationsIn Episode 24 of How Tax Works, Matt Foreman discusses how to divide two businesses into separate entities, focusing on the legal requirements and best practices.How Tax Works, hosted by Falcon Rappaport & Berkman LLP Partner Matthew E. Foreman, Esq., LL.M., delves into the intricacies of taxation, breaking down complex concepts for a clearer understanding of how tax laws impact your financial decisions. Follow us on Bluesky:@howtaxworks.bsky.socialThis podcast may be considered attorney advertising. This podcast is not presented for purposes of legal advice or for providing a legal...
2025-04-2819 min
How Tax WorksWhat the F is an F Reorg?In Episode 23 of How Tax Works, Matt Foreman discusses the five W’s of F Reorgs: Who needs one, What they do (and don’t do), When they’re necessary, Where the foot faults lie, and Why you need to be careful when undertaking one.How Tax Works, hosted by Falcon Rappaport & Berkman LLP Partner Matthew E. Foreman, Esq., LL.M., delves into the intricacies of taxation, breaking down complex concepts for a clearer understanding of how tax laws impact your financial decisions. Follow us on Bluesky:@howtaxworks.bsky.socialThis podcast may be...
2025-04-1422 min
How Tax WorksGolden ParachutesIn Episode 22 of How Tax Works, Matt Foreman discusses Golden Parachutes under section 280G, which may sound like a fun thing to have, but they likely result in the highest effective income tax rates.How Tax Works, hosted by Falcon Rappaport & Berkman LLP Partner Matthew E. Foreman, Esq., LL.M., delves into the intricacies of taxation, breaking down complex concepts for a clearer understanding of how tax laws impact your financial decisions. Follow us on Bluesky:@howtaxworks.bsky.socialThis podcast may be considered attorney advertising. This podcast is not presented for...
2025-03-3131 min
How Tax WorksWhy Foreign Persons Probably Shouldn’t Own LLCsIn Episode 21 of How Tax Works, Matt Foreman discusses why foreign persons almost certainly shouldn’t own LLCs, a surprisingly common issue.How Tax Works, hosted by Falcon Rappaport & Berkman LLP Partner Matthew E. Foreman, Esq., LL.M., delves into the intricacies of taxation, breaking down complex concepts for a clearer understanding of how tax laws impact your financial decisions. Follow us on Bluesky:@howtaxworks.bsky.socialThis podcast may be considered attorney advertising. This podcast is not presented for purposes of legal advice or for providing a legal opinion. Before any of...
2025-03-1725 min
How Tax WorksWhy, for Tax Reasons, You Should Buy a Professional Sports TeamIn Episode 20 of How Tax Works, Matt Foreman discusses the pros and cons of buying a professional sports team from a tax perspective. Listen for a discussion of depreciation, amortization, and business expenses galore.How Tax Works, hosted by Falcon Rappaport & Berkman LLP Partner Matthew E. Foreman, Esq., LL.M., delves into the intricacies of taxation, breaking down complex concepts for a clearer understanding of how tax laws impact your financial decisions. Follow us on Bluesky:@howtaxworks.bsky.socialThis podcast may be considered attorney advertising. This podcast is not presented for...
2025-03-0319 min
How Tax WorksQualified Small Business Stock (IRC 1202): Part IIIIn Episode 19 of How Tax Works, Matt Foreman concludes his discussion of Qualified Small Business Stock (QSBS), which is section 1202 of the Internal Revenue Code. He discusses possible ways to increase the QSBS exclusion, including gifting, various trusts, and so-called stacking transactions, with a warning about the anticipatory assignment of income doctrine, finishing up with the ability to rollover QSBS stock.How Tax Works, hosted by Falcon Rappaport & Berkman LLP Partner Matthew E. Foreman, Esq., LL.M., delves into the intricacies of taxation, breaking down complex concepts for a clearer understanding of how tax laws impact your f...
2025-02-1718 min
How Tax WorksQualified Small Business Stock (IRC 1202): Part IIIn Episode 18 of How Tax Works, Matt Foreman continues his discussion of Qualified Small Business Stock (QSBS), section 1202 of the Internal Revenue Code. In this episode, he discusses the original issuance requirement, issues with redemptions, gifts, partnership distributions, short positions, the Qualified Small Business requirement, the active business requirement, possible meanings of “substantially all”, and what types of business qualify.Please also see Matt Foreman’s upcoming webinars! Details below:Revenue Rulings 99-5 and 99-6: Tax Implications of Restructured Partnerships and LLCsFebruary 17th, 2025 @ 1:00pm – 2:50pm ESTHow Tax Works, hosted by Falcon Rappaport & Berkman...
2025-02-0326 min
How Tax WorksQualified Small Business Stock (IRC 1202): Part IIn Episode 17 of How Tax Works, Matt Foreman talks about Qualified Small Business Stock (QSBS), which is section 1202 of the Internal Revenue Code. In this episode, he discusses how (and whether) income is excluded, the holding requirement, basis rules and the per-issuer requirement, and certain transactions that allow for continued deferral of tax. Please also see Matt Foreman’s upcoming webinars! Details below:Domicile and Tax Residency Considerations for Business OwnersJanuary 22nd, 2025 @ 2:00pm - 3:00pm ESTRevenue Rulings 99-5 and 99-6: Tax Implications of Restructured Partnerships and LLCsFebruary 17th, 2025 @ 1:00pm - 2:50pm ESTHo...
2025-01-2129 minAndrew Rappaport's Rapp ReportJoin the Built to Conquer Conference: Evangelism Strategies Unleashed!This podcast episode features a lively discussion between Andrew Rappaport and Caleb Gordon, centered on the importance of evangelism and the upcoming Built to Conquer Conference in Bartlesville, Oklahoma. Rappaport emphasizes that the first step in discipleship is evangelism, urging listeners to overcome their fears and share the gospel, which is fundamentally about inviting others into a relationship with Jesus. The conversation also highlights common excuses people use to avoid evangelism, such as fear of rejection or feeling unprepared. Both hosts agree that understanding the reality of hell and the urgency of sharing the good news should motivate believers...
2025-01-0836 min
How Tax WorksQuestions People Ask Tax Lawyers at WeddingsIn episode 16 of How Tax Works, Matt Foreman talks about how to lower your taxes and why your accountant probably shouldn’t let you deduct your Bugatti, as well as answering a question from Ken Falcon, Managing Partner at Falcon Rappaport & Berkman LLP regarding whether property acquired via adverse possession is taxable. This episode is for anyone who has asked or has been asked a quick tax question.Please also see Matt Foreman’s upcoming webinars! Details below:Deducting Digital Asset Losses: Worthless Assets, Rev Proc 2024-28 Basis Safe Harbor, Theft and Casualty LossesJanuary 15th, 2...
2025-01-0619 minAndrew Rappaport's Rapp ReportThe Ultimate New Year’s Resolution: Dive into God's WordThis episode emphasizes the critical importance of engaging with the Word of God as a foundational aspect of the Christian life. Pastor Dan explores Deuteronomy 6, highlighting the command to love the Lord with all one's heart, soul, and might while integrating Scripture into daily life. He encourages listeners to not merely read the Bible but to meditate on it, allowing its teachings to shape their worldview and decisions. By reflecting on historical figures like Martin Luther and Jan Hus, he illustrates the transformative power of the Scriptures and the sacrifices made for the accessibility of God’s Word. As th...
2025-01-0152 min
How Tax WorksTax Issues with DivorceIn episode 15 of How Tax Works, Matt Foreman discusses tax issues with divorce, from transfer between spouses, to splitting up businesses and the need for detailed documents to avoid problems. This episode is for anyone who knows anyone who has ever gotten divorced, which should be everyone in the known world at this point.Please also see Matt Foreman’s upcoming webinars! Details below:Deducting Digital Asset Losses: Worthless Assets, Rev Proc 2024-28 Basis Safe Harbor, Theft and Casualty LossesJanuary 15th, 2025 @ 1:00pm - 2:50pm ESTDomicile and Tax Residency Con...
2024-12-1628 minAndrew Rappaport's Rapp ReportThe Battle for Christian Education: Why Parents Must Act NowThis episode of the Rap Report dives deep into the critical importance of Christian education, highlighting the distinctives of classical education as exemplified by the Lagos Christian Academy. Hosts Andrew Rappaport and Dominic Grimaldi discuss how Christian schools provide not only a biblical worldview but also a robust academic framework that fosters critical thinking and personal responsibility. They emphasize that parents play a vital role in their children's education, advocating for active involvement in both homeschooling and Christian schooling environments. The conversation touches on the challenges of public education, including the indoctrination of children with secular ideologies, and urges...
2024-12-111h 03
How Tax WorksAt Risk Limitations under IRC 465In episode 14 of How Tax Works, Matt Foreman discusses another signature change from the Tax Reform Act of 1986, section 465, which often prevents deductions from activities where the owner does not have capital subject to a risk of loss. This episode is for anyone who is using leverage or investing in a business that will produce initial losses without requiring an initial capital contribution.How Tax Works, hosted by Falcon Rappaport & Berkman LLP Partner Matthew E. Foreman, Esq., LL.M., delves into the intricacies of taxation, breaking down complex concepts for a clearer understanding of how tax laws i...
2024-12-0920 minAndrew Rappaport's Rapp ReportCigars and Calvinism: A Unique Christian TestimonyJoin Andrew Rappaport as he interviews Chance, the founder of 1689 Cigars, in a lively discussion about faith, personal transformation, and the art of cigar making. Chance shares his fascinating journey from growing up in a pagan family, filled with anger and despair, to experiencing a profound conversion through the Gospel. The conversation delves into the intricacies of cigar blending, highlighting the meticulous process behind creating high-quality cigars, which Chance aims to offer at more accessible prices compared to industry giants. As they explore the intersection of faith and business, they emphasize the importance of excellence in Christian entrepreneurship, challenging...
2024-12-0420 minAndrew Rappaport's Rapp ReportAbolitionists at the Capitol: Standing for Life in Public OfficeRapp Report episode 321 Dusty Devers and Andrew Rappaport engage in a thought-provoking discussion about the necessity of Christians stepping into the political arena, emphasizing that silence in the face of societal decay is not an option. They argue that the separation of faith from public life allows for a moral vacuum that can lead to dire consequences, akin to historical tragedies. Devers shares his journey as a state senator and the importance of being bold in advocating for justice and righteousness, especially regarding issues like abortion. The conversation highlights the need for young men to count the...
2024-11-2749 min
How Tax WorksPassive Activity Losses and Credit Limitations under IRC 469In episode 13 of How Tax Works, Matt Foreman discusses one of the signature changes from the Tax Reform Act of 1986, section 469, which often prevents passive losses from being used to offset income in from other activities. This episode is for anyone who is considering energy tax credits, buying real estate, or any other area of investment that will generate losses or tax benefits without necessarily requiring active participation.How Tax Works, hosted by Falcon Rappaport & Berkman LLP Partner Matthew E. Foreman, Esq., LL.M., delves into the intricacies of taxation, breaking down complex concepts for a clearer u...
2024-11-2522 min
How Tax WorksSelf-employment Tax on Partners, Net Investment Income Tax, and Soroban Capital Partners LP v. Comm’r (Part II)In this episode of How Tax Works, host Matt Foreman continues his discussion of self-employment taxes, the ongoing tax saga of a hedge fund’s partners trying to convince the IRS that they are “limited partners, as such”, and the somewhat-related Net Investment Income Tax. This episode is for anyone who is starting, operating, structuring, or wondering about how income tax structuring interplays with other kinds of taxes, especially if you listened to the first part.Please also see Matt Foreman’s upcoming webinar! Link below:Tax Strategies for Limited Partner Investors in Private Investment Funds...
2024-11-1226 minAndrew Rappaport's Rapp ReportThe Fiery Trials of Faith: Embracing Persecution with JoyRapp Report episode 318 This podcast episode focuses on the theme of persecution and how Christians should prepare for it, particularly in light of current societal trends in America. Andrew Rappaport delivers a message derived from 1 Peter 4:12-19, emphasizing the inevitability of fiery trials for believers and the importance of not being surprised by such hardships. He highlights the necessity of maintaining a high view of God to endure suffering, drawing parallels to the experiences of persecuted Christians worldwide. The discussion explores the distinction between righteous suffering for Christ's sake and suffering that arises from personal wrongdoing. Rappaport...
2024-11-0656 min
How Tax WorksSelf-employment Tax on Partners, Net Investment Income Tax, and Soroban Capital Partners LP v. Comm’r (Part I)In this episode of How Tax Works, host Matt Foreman discusses self-employment taxes, the ongoing tax saga of a hedge fund’s partners trying to convince the IRS that they are “limited partners, as such”, and the somewhat-related Net Investment Income Tax. This episode is for anyone who is starting, operating, structuring, or wondering about how income tax structuring interplays with other kinds of taxes.Please also see Matt Foreman’s upcoming webinar! Link below:Tax Strategies for Limited Partner Investors in Private Investment Funds November 14th, 2024 @ 1:00pm – 2:30pm ESTHow Tax Wor...
2024-10-2829 min
How Tax WorksTax Consequences of Forming, Selling, and Dissolving Partnerships and Disregarded Entities (Rev. Ruls. 99-5 and 99-6)In this episode of How Tax Works, host Matt Foreman discusses the tax consequences of going from a disregarded entity to a partnership (Rev. Rul. 99-5) and from a partnership to a disregarded entity (Rev. Rul. 99-6). From explaining when there is taxable income (and how to structure to avoid it), as well as capital accounts, inside basis, and outside basis, this episode is for anyone who is starting, selling, or investing in a business, whether alone or with a partner.Please also see Matt Foreman’s upcoming webinars! Links are below:Positives and Negatives of...
2024-10-1522 min
How Tax WorksVarious State and Local Income Tax IssuesIn this episode of How Tax Works, host Matt Foreman discusses a variety of state and local income tax issues that commonly come up during sales/purchases, raising capital, and the general operation of a business that crosses state lines, such as sourcing, PTETs, and the quirks of local income taxes.Please also see Matt Foreman’s upcoming webinars! Links are below:Positives and Negatives of S Corporations October 29th, 2024 @ 1:00pm – 2:00pm EDT Tax Strategies for Limited Partner Investors in Private Investment Funds November 14th, 2024 @ 1:00pm – 2:30pm ESTHow T...
2024-09-3025 min
How Tax WorksConvertible Debt and SAFEsIn this episode of How Tax Works, host Matt Foreman discusses the tax consequences of Convertible Debt and Simple Agreements for Future Equity (SAFE). From explaining what it means to use Convertible Debt and SAFEs, to the tax consequences of each, this episode is for anyone who is investing in a business in anything that is not strictly equity or debt.Please also see Matt Foreman's upcoming webinars! Links are below:Positives and Negatives of S CorporationsOctober 29th, 2024 @ 1:00pm - 2:00pm EDT Tax Strategies for Limited Partner Investors in Private Investment Fu...
2024-09-1623 min
How Tax WorksProfits Interests, Promotes, and How to Structure Equity-based CompensationIn a quasi-continuation of episode 6 of How Tax Works, host Matt Foreman discusses the most misunderstood and misapplied form of equity grants: Profits Interests. This episode is for anyone who wants to better understand promotes and springing interests, as well as anyone who wants to grant or receive equity in a way that does not require the immediate payment of taxes. How Tax Works, hosted by Falcon Rappaport & Berkman LLP Partner Matthew E. Foreman, Esq., LL.M., delves into the intricacies of taxation, breaking down complex concepts for a clearer understanding of how tax laws impact your fi...
2024-09-0320 min
Block & OrderNavigating Crypto Taxes with Matthew Foreman of How Tax Works - #19Today we're diving into the intricate world of cryptocurrency tax with our guest, tax expert Matthew Foreman, Partner and co-chair of Falcon Rappaport & Berkman's Taxation Practice Group. We explore challenges and solutions for handling large volumes of crypto transactions, emphasizing the importance of accurate record-keeping to avoid IRS scrutiny. Our conversation covers the intricacies of wash trading and its implications in the crypto market, the tax treatment of crypto as property, and the pressing need for comprehensive regulation from Congress. We also discuss the logistical challenges of tracking numerous trades and the potential impact of new legislation on the...
2024-08-3052 min