This week we look at:

IRS Reinstates Tax Deferral on Variable Annuity Term Certain Options: Reconsideration and Reversal in PLR 202630002
Understanding the ERC Pleading Standard: Federal Claims Court Deferral in I Health and Life Insurance Services
Predecessor Losses, the Lonely Parent Rule, and the Limits of Economic Reality: Analysis of HBM Holdings Co. v. Commissioner
Double Books and Disguised Payees: Corporate Personal Expenses and the Civil Fraud Penalty in Prezioso v. Commissioner

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

The articles for this week’s update can be downloaded as a PDF below: