2018-02-19 Treasury at the Bar
Current Federal Tax Developments for the week of February 19, 2018 - Treasury at the Bar. Current Federal Tax Developments is brought to you by the state CPA societies and Kaplan Professional Education.
This week we look at the following items:
- A method that went unchallenged in two prior audits did not fare well at all in third IRS exam
- Treasury officials speak on timing of TCJA guidance, Section 199A reasonable compensation and fiduciary income tax issues at ABA Tax Section meeting
- Treasury Secretary Mnuchin testifies that IRS will issue guidance to shut down S corporation carried interest structure inspired by TCJA
- Odd result is nevertheless the proper result appellate court informs taxpayer
- IRS to release W4 online calculator this week
The audio of this week's broadcast can be streamed or downloaded below:
Articles discussing this week's developments can be found in the PDF below: