2025-10-27 More IRS Government Shutdown Clarifications
This week we look at:
Reevaluating the DC-QIE Exception (FIRPTA)
Technical Revisions to Revenue Procedure 2025-32
Transitional Reporting for Qualified Passenger Vehicle Loan Interest (QPVLI)
Jurisdictional Clarity for TEFRA Readjustment Petitions
S Corporation Income Attribution and Substantiation Failures
IRS Operations During a Lapse in Appropriations
Employee Retention Credit Compliance (OBBBA)
Form 1099-K Information Reporting Updates
An audio only version of this week’s broadcast can be streamed or downloaded below:
A PDF with this week’s updates can be downloaded below: