Current Federal Tax Developments

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2019-03-25 More Underpayment Relief

Current Federal Tax Developments for the week of March 25, 2019: More Underpayment Relief Issues with

  • QBI and disallowed passive losses

  • Minister’s housing allowance ruled to be acceptable under the U.S. Constitution

  • Pilot had no profit motive for business related to vintage World War II aircraft

  • IRS suspends two Revenue Rulings related to active trade or business issues under §355

  • Relief from underpayment of estimated tax penalty expanded by IRS

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2019-03-25 More Underpayment Relief Ed Zollars, CPA (Kaplan Financial Education)

Articles on this week’s developments can be found in the PDF below:

2019-03-25 Current Federal Tax Developments