This week we look at:

• IRS announces that Direct File will continue into 2025 and be expanded while maintaining other programs

• A taxpayer finds its not so simple as just file a Form 2553 if you want to have an LLC taxed as an S corporation, but did realize the error fast enough to get a PLR to restore S status

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

A copy of the slides and this week’s link to items mentioned can be downloaded below:

2024-06-03 Current Federal Tax Developments