2025-12-01 IRS Gives First Discussion of Upcoming Credit for Donation to Tuition Organizations

This week we look at:

• Whistleblower Awards and Substantial Contribution

• Corporate Stock Repurchase Excise Tax

• Judicial Review of Willful FBAR Penalties

• Revisiting the Profit Motive Standard

• Judicial Precedent on Erroneous Refund Recovery

• OBBBA Guidance on SFCs and Section 987 Elections

• The OBBBA Scholarship Tax Credit

• Conservation Easements and Gross Valuation Misstatements

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

Articles on this week’s developments can be downloaded as a PDF via the link below:

2025-12-01 Current Federal Tax Developments