This is Current Federal Tax Developments for the week of September 19, 2016 - Reasonably Late  Current Federal Tax Developments is brought to you by the state CPA societies and Nichols Patrick CPE, Incorporated.

This week we’ll look at the following:

• Minister’s vow of poverty failed to allow him to escape tax
• Former spouse discovers payment is actually alimony
• Taxpayers can’t ignore the corporation they created - despite IRS doing so on two prior exams
• Merely serving a deserving individual not enough to gain tax exempt status
• The IRS looks at what is and is not reasonable cause - and states a preference for using the first time abatement program

The audio update can be downloaded or streamed below.

A PDF file with articles on this week's updates can be downloaded from the following link:

• 2016-09-19 Reasonable Cause