Current Federal Tax Developments
Current Federal Tax Developments
Edward Zollars, CPA
2019-12-02 Horses and Hobbies
1 seconds Posted Nov 30, 2019 at 2:18 am.
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Current Federal Tax Developments for the week of December 2, 2019: Horses and Hobbies

  • Commissioner rules that insurance payments for pyrrohite damage does not require Forms 1099

  • Horse business found not to be a hobby, losses allowed

  • IRS updates per diem rules for TCJA, following similar update for auto mileage rules

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2019-12-02 Current Federal Tax Developments