Current Federal Tax Developments

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2024-10-21 Staking Returns for One More Try at Court

This week we look at

S corporation finds multiple ways to terminate its S status, asks IRS forgiveness which is granted

  • IRS rules condoms are medical expenses for tax purposes

  • IRS adds items to list of preventive care an HDHP can pay without the insured having met the annual deductible

  • PTIN registration opens for 2025

  • Staking income challenge returns to court

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2024-10-21 Staking Returns for One More Try at Court Edward K. Zollars, CPA (Kaplan Financial Education)

A copy of the slides and citations can be downloaded via the link below:

2024-10-21 Current Federal Tax Developments