This week we look at the following developments:

• House adopts Senate budget resolution beginning tax reform process
• A taxpayer’s amount of claimed theft loss found excessive by Tax Court
• An expert’s testimony did not substitute for records of cost of goods sold
• IRS summons to state agency found to be proper
• IRS memo discusses indirect loan issues for church 403(b) plan

An audio only version of this week's podcast can be streamed or downloaded below:

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

2017-10-30 Current Federal Tax Developments