Current Federal Tax Developments

Keeping CPAs Up to Date on Tax Matters

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2020-08-03 Rise of the Syndicates

August 02, 2020 by Ed Zollars, CPA

This week we look at:

  • IRS releases multiple regulation project texts on TCJA items

  • No syndicate relief offered for tax shelters by the IRS for small business accounting or §163(j)

  • Taxpayers informed how to deal with inventory issues when opting out of application of §471(a)

  • Forms 3115 for automatic method changes to be faxed in beginning in August

An audio only version of the broadcast can be streamed or downloaded below:

Articles for this week broadcast can be downloaded as a PDF below:

2020-08-03 Current Federal Tax Developments

August 02, 2020 /Ed Zollars, CPA
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