2025-06-09 Worthlessness vs Cancellation of Debt Are Not the Same
This week we look at:
Navigating Corporate Alternative Minimum Tax (CAMT)
Conservation Easement Valuation & Penalties: A Warning from Tax Court
Collection Due Process (CDP) & Offers in Compromise (OICs): Lessons from Tax Court
Accuracy-Related Penalties: Navigating Negligence and Insufficient Professional Reliance
Understanding Treasury’s Request for Information on Modernizing Federal Payments
Worthlessness vs. Discharge: A Ninth Circuit Examination of Bad Debt Deductions Concurrent with COD Income
Navigating the Religious Exemption Landscape: A Deep Dive into Unemployment Compensation Tax
An audio-only version of this week broadcast can be streamed or downloaded via the link below:
This week’s articles on the updates are available in the PDF that can be downloaded below: