2017-01-23 Sometimes You Can't Give Them Money
This is Current Federal Tax Developments for the week of January 23, 2017 - Sometimes You Can’t Give Them Money. Current Federal Tax Developments is brought to you by the state CPA societies and Nichols Patrick CPE.
This week we’ll look at the following:
- Relief granted when CPA firm accidentally fails to have client file Form 3115
- IRS loses a case on passive activity issue when Court accepts logic of TAM issued after the trial
- The Tax Court applies the Renkemeyer decision to deny IRS assertion that income was subject to self-employment tax
- IRS will not allow employer to voluntarily fix erroneous payroll reports and pay tax
- Proposed regulations on partnership audits released by IRS
he audio version of this week's program can be downloaded or streamed below:
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2017-01-23 Sometimes You Can't Give Them Money
A PDF with articles on this week's developments is available below: