This week we look at:

• Urgent Guidance Requested on Section 174A Domestic Research and Experimental Expenditures

• Post-Referral Authority in Tax Litigation—IRS Lacked Authority to Approve ERC Refund

• Closer This Time, But Still Not Quite There—Another Microcaptive Loss for the Taxpayers

• Proposed Amendments to IRC Section 132 Fringe Benefit Rules: Switching to NAICS

• Understanding Passthrough Losses and Bankruptcy in Field Attorney Advice 20253101F

• Proactive Engagement with the Office of Professional Responsibility

• IRS Announces Policy for the One Big Beautiful Bill Act for 2025 Payroll Issues

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

A PDF file with articles for this week’s update can be dowloaded below:

2028-08-11 Current Federal Tax Developments