Current Federal Tax Developments

Keeping CPAs Up to Date on Tax Matters

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For this week of March 28, 2016 in Current Federal Tax Developments we look at: We get delays this week--but they are probably ones you’ll like Details and timing matter for charitable contribution documentation Even a really good pair of excuses for a failure to make money doesn’t help in one hobby loss case Revisions are made to the procedures for referrals to Appeals once a taxpayer turns to the Tax Court to challenge the IRS Current Federal Tax Developments is brought to you by the state societies of CPAs and Nichols Patrick Incorporated

March 28, 2016 Update - Delays May Be A Good Thing

March 26, 2016 by Ed Zollars, CPA

For this week of March 28, 2016 in Current Federal Tax Developments we look at:

 

  • We get delays this week--but they are probably ones you’ll like
  • Details and timing matter for charitable contribution documentation
  • Even a really good pair of excuses for a failure to make money doesn’t help in one hobby loss case
  • Revisions are made to the procedures for referrals to Appeals once a taxpayer turns to the Tax Court to challenge the IRS

You can download the related write-ups with links to the source documents here:

  • 2016-03-28 Current Federal Tax Developments
March 26, 2016 /Ed Zollars, CPA
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