2018-12-31 Lump of Coal for Real Estate Agents?
This week we look at:
Loan Adviser Found Not Liable to Repay in FINRA Treated as Ordinary Income from Debt Forgiveness
IRS Raises Values Dramatically on Vehicles Eligible for Cents-Per-Mile and Fleet-Average Valuation Rules
Safe Harbor Issued on Charitable Contribution Credits Related to a Trade or Business
Revenue Procedure Issued to Deal with ADS Issues for Electing Farm and Real Property Businesses
IRS Publication Indicates Real Estate Agents/Brokers and Insurance Agents/Brokers are in a Specified Service Trade or Business
Proposed Regulations on Treating Sale of Partnership Interest as Effectively Connected to US Trade or Business
IRS Announces Plan to Issue Regulations on Two Special Enforcement Matters Under CPAR, as Well as CPAR Final Regulations
Annual Disclosure Revenue Procedure Updated by IRS
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Articles on this week’s developments can be downloaded below: