2021-07-19 Tax Practice Issues Week
This week we look at:
AICPA reports lenders told to stop pre-forgiveness necessity inquiries
Digitally signed amended return rejected as not properly filed
No reasonable cause for late filing when taxpayer depended on attorney who simply took tax money
IRS position not substantially justified for basis challenge and overall accounting method
An audio only version of this week’s broadcast can be downloaded or streamed below
Articles for this week’s developments can be downloaded as a PDF below: