Current Federal Tax Developments

View Original

2019-02-18 Forms and Instructions Week

Current Federal Tax Developments for the week of February 18, 2019: Forms and Instructions Week

  • Fix for auto depreciation quirk added by TCJA released by IRS

  • A subtrust qualified as a conduit trust for IRA distribution purposes

  • AICPA asks for relief from potential impact of syndicate rules on small business tax relief

  • Form 1065 instructions add a requirement for certain partnerships to disclose negative tax basis

  • Checkbox added for when basis calculation required with Form 1040 and situations where it is required expanded by IRS

An audio only version can be downloaded or streamed below:

Your browser doesn't support HTML5 audio

2019-02-18 Forms and Instructions Week Ed Zollars, CPA (Kaplan Professional Education)

A PDF with articles for this week’s program can be downloaded below.

2019-02-18 Current Federal Tax Developments