Current Federal Tax Developments for the week of January 8, 2018 - The Calm After the Storm  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 items:

• IRS to accept efiled returns beginning January 29
• Employer retirement account being paid to surviving spouse cannot be transferred to beneficiary of surviving spouse at spouse’s death
• Rollover of after-tax funds from 401(k) into traditional IRA creates basis
• Innocent spouse relief granted despite fact that husband should have known about the income
• Additional 6 year statute on unreported income from specified foreign assets does not apply until those assets were subject to information reporting

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

The 2 hour webinar referenced in the session can be signed up for below.  Check with your state society of CPAs to see if they are participating in this session and have a discount code and/or a sign-up option on their website:

Understanding the Effect of the New Tax Law (Live Webinar - Not a Rebroadcast)