Current Federal Tax Developments for the week of July 16, 2018: OK to Use the Back Door.

• This week we look at the following items:
• More Wayfair fallout
  • North Dakota out of state seller collections required beginning October 1
  • South Carolina to use South Dakota minimums for out of state sellers
  • Wisconsin will use the South Dakota minimums for the October 1 out of state seller start
• IRS updates security guidance for tax professionals
• Trusts and Estates will get to deduct trustee fees and other Section 67(e) expenses following TCJA
• IRS sticks to its position on prepaid real estate taxes when questioned by NJ Attorney General
• IRS employee indicates the agency accepts that the back door Roth contribution is legal

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

Articles on this week's developments can be found in the PDF you may download below:

2018-07-16 Current Federal Tax Developments