Current Federal Tax Developments for the week of April 17, 2017 - Guaranteed Payments and LLC Member Managers. Current Federal Tax Developments is brought to you by the state CPA societies and Nichols Patrick CPE.
This week we look at the following developments
- IRS announces two cases it will not generally follow
- Getting hit with a judgement by a lender for a guaranty still doesn’t create S corporation basis in debt
- The Tax Court continues to refined the application of the limited partnership self-employment tax rules to LLC members
The audio version can be streamed or downloaded below:
The articles for this week's podcast can be downloaded below: