2017-12-04 On to the Conference
Current Federal Tax Developments for the week of December 4, 2017 - On to the Conference. Current Federal Tax Developments is brought to you by the state CPA societies and the Loscalzo Institute, a Kaplan Company.
This week we look at the following developments:
- Senate passes their version of HR1, setting up moving to a conference committee
- IRS gets access to information from bitcoin exchange
- The Tax Court uses English law to determine if a payment was alimony for federal tax purposes
- A safe harbor casualty loss rule is adopted for damage to concrete foundations caused by pyrrohite
- A taxpayer is denied a deduction for legal fees to recover overpaid alimony
- More relief for partnerships due to change in filing dates for 2016 returns
- The Tax Court updates its views on how to evaulate Stamps.com postmarks under timely filing rules
The audio version of this broadcast can be streamed or downloaded below:
A PDF with this week's articles on the developments can be downloaded below: