Current Federal Tax Developments for the week of December 2, 2019: Horses and Hobbies

Commissioner rules that insurance payments for pyrrohite damage does not require Forms 1099
Horse business found not to be a hobby, losses allowed
IRS updates per diem rules for TCJA, following similar update for auto mileage rules

Audio only version of this week’s broadcast is available for streaming or download below.

Articles with this week’s updates can be downloaded below.