This week we look at:

• IRS announces non-acquiescence in Tax Court case on taxpayer asserting substance over form

• IRS highlights bad tax advice on social media

• IRS rules that assets held in intentionally defective grantor trust do not obtain date of death basis

• IRS releases proposed battery regulations for new EV credits

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

The slides and citations for this week cna be downloaded below:

2023-04-03 Current Federal Tax Developments