This week we look at:

Zero-Return Form 1065 Filings and the Beard Test (IRS CCA 202634014)
Full Payment Rule & Presumption of Correctness -- Pellegrino v. United States
Pro Rata Share Determinations Under OBBBA -- Proposed Regulations (REG-115646-25)
Treaty Exclusivity for Pooled Investments -- South Saskatchewan Community Foundation v. U.S.

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

A PDF of articles for this week’s broadcast can be downloaded below: