2018-05-21 Time Doesn't Solve All Tax Problems
Current Federal Tax Developments for the week of May 21, 2018: Time Doesn’t Solve All Tax Problems. 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:
- Update on TCJA guidance from the ABA Tax Section Meeting
- Tax due on tuition waiver received as part of severance package when used by daughter 22 years later
- Connecticut becomes the next state to adopt SALT workarounds
- IRS updates revenue procedure for use of information on status of charity
- Taxpayer reliance on advice from one adviser could not be in good faith and received no advice from other
An audio only version of this week's broadcast can be streamed or downloaded below:
The articles on the developments discussed in this week's podcast can be downloaded below: