Current Federal Tax Developments for the week of September 16, 2019:

• §451 Week Students learns real life lesson on taxation of prizes, and we get a tax history lesson

• Proposed regulations issued for advance payments under TCJA §451(c)

• Proposed regulations issued for §451(b) revenue conformity added by TCJA

An audio version of the broadcast can be streamed or downloaded here:

The articles for this week’s update can be downloaded below:

2019-09-16 Current Federal Tax Developments