Current Federal Tax Developments

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2017-10-09 Congress Proves It Can Pass a Tax Bill

Current Federal Tax Developments for the week of October 9, 2017 - Congress Proves It Can Pass a Tax Bill.  Current Federal Tax Developments is brought to you by the state CPA societies and the Loscalzo Institute, a Kaplan Company.

This week we look at the following developments:

  • South Dakota petitions the Supreme Court for its Quill challenge
  • Congress passes a Hurricane relief bill
  • Taxpayer did not willfully fail to file FBAR
  • Parents are held liable to repay dependent son’s advanced health insurance credit
  • LB&I announces method that can be used to start with ASC 730 research expenses in computing qualified research expenditures
  • Time off donation programs expanded to cover Hurricane Maria relief donations
  • IRS releases special per diem rates for new fiscal year

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2017-10-09 Congress Proves It Can Pass a Tax Bill Ed Zollars, CPA

The articles related to this week's developments can be downloaded in the PDF below.

2017-10-09 Current Federal Tax Developments