Current Federal Tax Developments
Current Federal Tax Developments
Edward Zollars, CPA
2019-08-05 About That Bitcoin
38 minutes Posted Aug 2, 2019 at 10:07 pm.
0:00
38:14
Download MP3
Show notes

Current Federal Tax Developments for the week of August 5, 2019: About that Bitcoin...

  • IRS sends out 10,000 letters on cryptocurrency, including some demanding a response

  • Relief granted on three bonus depreciation elections for year that includes September 28, 2017

  • Draft Schedule K-1 for Form 1120S revised to change §199A information reporting

  • Letter ruling holds a partial deduction allowed for DNA tests requested by an individual

  • Organization not operated exclusively for charitable purpose, §501(c)(3) status revoked retroactively

An audio only version of this week’s broadcast can be downloaded or streamed below.

The articles for this week’s updates can be downloaded from the link below:

2019-08-05 Current Federal Tax Developments