This week we look at:

IRS memo makes it clear the agency is very skeptical about extended supply chain ERC claims
Third Circuit rules that equitable relief is available for failure to file Tax Court petition in 90 day period for a deficiency
IRS asked by Tax Court to justify suspense account method for losses deducted in excess of basis in closed years
Taxpayers had to pay tax on funds taken from IRA/pension funds that were paid to fraudster

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

A copy of the slides and links to articles for this week’s updates can be downloaded below: