Current Federal Tax Developments for the week of June 18, 2018: Don’t Rely on the IRS. Current Federal Tax Developments is brought to you by the state CPA societies and Kaplan Professional Education.

This week we look at the following items:

• IRS indicates that TCJA UBIT provisions may be delayed, but no specific commitment
• Physician’s attempt to claim that social security disability is not taxable fails
• Taxpayer found to be solely in the business of selling controlled substances
• Shareholder barred from unilaterally changing S corporation’s election not to claim FICA credit
• Taxpayer who relied on two IRS employees for last date to file Tax Court petition finds herself without access to the court

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

A PDF with articles on this week's updates can be downloaded below:

2018-06-18 Current Federal Tax Developments