Current Federal Tax Developments

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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

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2022-12-19 IRS Looks at Plan That Claims to Defer Recognition of Legal Fee Income Edward K. Zollars, CPA (Kaplan Financial Education)

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

2022-12-19 Current Federal Tax Developments