This week we look at:

• AICPA reports lenders told to stop pre-forgiveness necessity inquiries

• Digitally signed amended return rejected as not properly filed

• No reasonable cause for late filing when taxpayer depended on attorney who simply took tax money

• IRS position not substantially justified for basis challenge and overall accounting method

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

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

2021-07-19 Current Federal Tax Developments