Current Federal Tax Developments

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2021-06-01 Is It Already Too Late To Sell to Get Long Term Capital Gain Rates

This week we look at:

  • Green Book issued to explain administration’s revenue proposals

  • Whether or not a 1099 must be issued, income still must be reported

  • IRS gives more information about unemployment exclusion and community property states

  • TAM looks at lack of “fact of the liability” for all events test dispute

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2021-06-01 Is It Already Too Late To Sell to Get Long Term Capital Gain Rates Edward K. Zollars, CPA (Kaplan Financial Education)

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

2021-06-01 Current Federal Tax Developments