2024-01-08 IRS Mistake Stands as Taxpayer Benefits

Current Federal Tax Developments

This week we look at:

• New work in progress to try and obtain a bipartisan tax bill

• IRS gives car dealers a brief extension to file time-of-sale reports

• IRS reverses direction on treatment of impact of adding a tax reimbursement clause to an IDGT

• Taxpayer can rely upon date IRS places in Notice of Deficiency as the last day to file a Tax Court petition

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

Articles on this week’s updates can be downloaded below:

2024-01-08 Current Federal Tax Developments