This week we look at:

• IRS/Malta look to shut down promoted tax shelter

• Lenders instructed not to issue Forms 1099C on discharges of student loans

• §469 rental definition does not apply to self-employment income rules

• IRS to issue letters on advance child tax credit and third economic impact payment

• Hurricane Ida relief extended to February 15

An audio only verson of this week’s broadcast can be streamed for downloaded below:

A PDF with the articles for this week’s update can be dowloaded below:

2021-12-27 Current Federal Tax Developments