2019-05-20 Schedule D Problem
Current Federal Tax Developments for the week of May 20, 2019: Schedule D Problem
Review Wolters Kluwer IRS response and other issues
IRS releases a new worksheet for computing tax when there are 25% or 28% gains
Tax Court finds IRS did not have authority to find Medicare difficulty payments nontaxable in Notice 2014-7
CA10 agrees with Tax Court that S corporation cannot accrue wages on participants
Taxpayer materially participated in activity under facts and circumstances test
An audio only version of this week’s broadcast can be streamed or downloaded below.
Your browser doesn't support HTML5 audio
The PDF below contains the articles for the developments discussed in this week’s broadcast.