Current Federal Tax Developments
Current Federal Tax Developments
Edward Zollars, CPA
2020-03-09 Sometimes Too Late is Just Too Late
1 seconds Posted Mar 8, 2020 at 6:24 pm.
0:00
0:01
Download MP3
Show notes

Current Federal Tax Developments for the week of March 9, 2020: Sometimes Too Late Really is Too Late:

  • IRS denies a taxpayer's request to make a late mark to market election under §475(f)

  • Loss limits for passive activities, basis and at-risk also limit self-employment loss use

  • Revenue Procedure grants relief for filing some information returns for certain foreign trusts

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

Articles for this week’s update can be downloaded below:

2020-03-09 Current Federal Tax Developments