Current Federal Tax Developments

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2023-04-03 EV Battery Rules Released

This week we look at:

  • IRS announces non-acquiescence in Tax Court case on taxpayer asserting substance over form

  • IRS highlights bad tax advice on social media

  • IRS rules that assets held in intentionally defective grantor trust do not obtain date of death basis

  • IRS releases proposed battery regulations for new EV credits

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2023-04-03 EV Battery Rules Released Edward K. Zollars, CPA (Kaplan Financial Education)

The slides and citations for this week cna be downloaded below:

2023-04-03 Current Federal Tax Developments