2022-07-25 You Can't Rely on Your Accountant Spouse
This week we look at:
IRS wants preparers to advise clients to opt-in to IP-PIN program.
TAM holds that an activity that is treated as a material participation activity for five straight years under SPA test will be a material participation activity under the 5/10 test in year 6
Breadwinner not granted innocent spouse relief when she failed to inquire about or review return prepared by accountant spouse
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2022-07-25 You Can't Rely on Your Accountant Spouse
Articles for this week’s developments can be downloaded as a PDF below:
2022-07-25 Current Federal Tax Developments