2024-02-19 Insurers Update BOI Guidance
This week we look at:
Insurers updating their advice on BOI engagements
SALT cap 2023 increase bill fails on a procedural vote in the House
Jury finds taxpayer did not willfully fail to file FBAR reports
IRS takes position third party payors liable for ERC refund repayment in addition to common law employers
IRS sending out CP271 “soft letters” to those with open ERC refund claims
S corporation has a failure of 9 trusts receiving shares from decedent
Taxpayer unsuccessfully argues she only should pay taxes on social security actually received
An audio only version of this week’s broadcast can be streamed or downloaded below:
This week’s slides and citations can be downloaded as a PDF below: