Current Federal Tax Developments for the week of August 14, 2017 - Definition of Farming. Current Federal Tax Developments is brought to you by the state CPA societies and the Loscalzo Institute.
This week we look at the following developments
- Tax Court looks at what it means to be in the business of lending money
- Sale of farmland can make a farmer not a farmer for conservation easement purposes
- IRS announces will not acquiesce in a decision on a reverse 1031 exchange
- Minority shareholder has to turn over dividends to IRS even though not aware of fraudulent conveyance
You can stream or download the audio version of this week's presentation below.
Articles for this week's developments can be downloaded as a PDF below.