Current Federal Tax Developments

View Original

2020-02-10 Waiting for the §163(j) Regulations

This week we look at:

  • Regulations implementing changes to FAVR and cents-per-mile methods finalized by IRS

  • OIRA finishes review of final §163(j) regulations, starts review of additional proposed regulations

  • Tax Court finds that language in deed fails to comply with regulations for qualified conservation easements

  • Form 1023 now goes fully online--but only after 90 days when applicants can still use paper

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

Your browser doesn't support HTML5 audio

2020-02-10 Waiting for the §163(j) Regulations Edward K. Zollars, CPA (Kaplan Financial Education)

A PDF with this week’s articles can be downloaded below:

2020-02-10 Current Federal Tax Developments