Current Federal Tax Developments for the week of March 4, 2019: Tax Refunds and the 2019 Tax Returns

A look at the special rules under §111 for tax benefit and how it impacts state tax refunds from 2018 returns
No Fifth Amendment defense against assertion that taxpayer is trafficking under §280E
IRS grants extension of time to file returns for farmers and fishermen
IRS has the authority to impose PTIN fees
Tax Court looks at the application of the penalty review process to automated exams
IRS gave insufficient notice that a third party would be contacted for information

An audio only version of this week’s broadcast can be downloaded or streamed below.

The articles for this week’s program can be downloaded in the PDF below.