Current Federal Tax Developments for the week of January 2, 2018 - The Year of TCJA and CPAR. Current Federal Tax Developments is brought to you by the state CPA societies and the Loscalzo Institute, a Kaplan Company.

This week we discuss the following items:

SEC issues bulletin on handling deferred taxes related to TCJA
IRS requires use of Secure Access accounts to access e-Services
IRS issues news release on deducting prepaid real estate taxes
Safe harbor created for residential casualty losses just as personal casualty losses generally go away
In other not long to be useful guidance, the IRS holds that a group of films licensed together can qualify as Section 199 property
No deduction is allowed for tuition discount until student meets attendance requirement
IRS announces will continue to use same format W-4s for TCJA withholding
CPAR opt-out final regulations are issued
IRS extends date for providing Forms 1095-B and C for 2017

An audio version of this week's broadcast can be streamed or downloaded below:

A PDF with articles on this week's developments can be downloaded from here:

2018-01-02 Current Federal Tax Developments