Current Federal Tax Developments

2025-02-10 New Administration Pushes Foward with the CTA

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This week we look at:

  • IRS issues letter ruling on IRA left to trust
  • A taxpayer mistakenly believes the IRS had conceded that his income was not subject to self-employment tax, but it hadn’t
  • The Tax Court denies a taxpayer’s deductions and claimed partnership losses due to incredibly disorganized and inadequate records
  • Taxpayer runs afoul of the “pay first, litigate later” rule when attempting to sue the IRS for a refund in US District Court in response to an assessment
  • A taxpayer’s unprocessed claim for an ERTC refund doesn’t justify CDP relief
  • The BOI - new Administration continues litigation and proposes a new due date, potential filing relief

    • An audio only version of this week's broadcast can be downloaded or streamed from the link below.

    Article for this week’s developments are available as a PDF from the link below.

    2025-02-10 Currrent Federal Tax Developments

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    Current Federal Tax DevelopmentsBy Edward Zollars, CPA
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