2022-12-19 IRS Looks at Plan That Claims to Defer Recognition of Legal Fee Income

This week we look at:

• IRS memorandum looks at marketed program to defer recognition of legal fees

• Automatic change of accounting method procedure released by the IRS

• IRS publishes news release on upcoming FICA/SE tax 2020 deferral payment due date

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

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

2022-12-19 Current Federal Tax Developments