Current Federal Tax Developments
Current Federal Tax Developments
Edward Zollars, CPA
2020-08-03 Rise of the Syndicates
1 seconds Posted Aug 2, 2020 at 7:34 pm.
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This week we look at:

  • IRS releases multiple regulation project texts on TCJA items

  • No syndicate relief offered for tax shelters by the IRS for small business accounting or §163(j)

  • Taxpayers informed how to deal with inventory issues when opting out of application of §471(a)

  • Forms 3115 for automatic method changes to be faxed in beginning in August

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2020-08-03 Current Federal Tax Developments