For this week of May 9, 2016 in Current Federal Tax Developments Don Cochran, JD, CPA joins Ed Zollars, CPA to discuss the following developments:
- IRS “fires” partners who are employees of disregarded entities
- Spouse gets innocent spouse relief even though all income was from his business
- IRS gives relief when need for QSST election after merger not realized
- New comprehensive list of automatic accounting method changes issued
Current Federal Tax Developments is brought to you by the state societies of CPAs and Nichols Patrick Incorporated.
A PDF file containg the articles for the items discussed in this week's podcast can be downloaded below.