Federal Tax Update: Changes to CAFs and Process for Tax Pros to Obtain Transcripts

FICPA Podcasts

https://vimeo.com/945334377?share=copy

https://www.currentfederaltaxdevelopments.com/podcasts/2024/5/12/2024-05-13-changes-to-cafs-and-process-for-tax-pros-to-obtain-transcripts

This week we look at:

• IRS gives update on final results for ERC voluntary compliance program and discusses the future
• The taxpayer’s contract did not make payment contingent on the success of research
• DOJ announces CPA firm barred from promoting CRAT/single premium annuity shelter
• IRS provides information on CAF “under review status” and changes to requesting transcripts