Current Federal Tax Developments

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2017-01-23 Sometimes You Can't Give Them Money

This is Current Federal Tax Developments for the week of January 23, 2017 - Sometimes You Can’t Give Them Money.  Current Federal Tax Developments is brought to you by the state CPA societies and Nichols Patrick CPE.

This week we’ll look at the following:

  • Relief granted when CPA firm accidentally fails to have client file Form 3115
  • IRS loses a case on passive activity issue when Court accepts logic of TAM issued after the trial
  • The Tax Court applies the Renkemeyer decision to deny IRS assertion that income was subject to self-employment tax
  • IRS will not allow employer to voluntarily fix erroneous payroll reports and pay tax
  • Proposed regulations on partnership audits released by IRS

he audio version of this week's program can be downloaded or streamed below:

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2017-01-23 Sometimes You Can't Give Them Money Edward K. Zollars, CPA

A PDF with articles on this week's developments is available below: