Current Federal Tax Developments

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2024-01-08 IRS Mistake Stands as Taxpayer Benefits

This week we look at:

  • New work in progress to try and obtain a bipartisan tax bill

  • IRS gives car dealers a brief extension to file time-of-sale reports

  • IRS reverses direction on treatment of impact of adding a tax reimbursement clause to an IDGT

  • Taxpayer can rely upon date IRS places in Notice of Deficiency as the last day to file a Tax Court petition

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2024-01-08 IRS Mistake Stands as Taxpayer Benefits Edward K. Zollars, CPA (Kaplan Financial Education)

Articles on this week’s updates can be downloaded below:

2024-01-08 Current Federal Tax Developments