2021-05-10 Summons and Cryptocurrency Exchanges

This week we look at:

• IRS looks at issues for use of an aircraft by a sole proprietor

• Dividends from controlled C corporation are still part of net investment income under IRC §1411

• IRS allowed to serve John Doe summons on Kraken exchange for information on customers

An audio only version of this week’s program can be streamed or downloaded below:

Articles for this week’s update can be downloaded as a PDF below:

2021-05-10 Current Federal Tax Developments