Current Federal Tax Developments

This week we look at:

• Procedural Timeliness & Automatic Extensions

• Spousal IRA Rollovers Through Estates and Trusts

• Collateral Estoppel and the "Innocent" Spouse

• Improper Corporate Deductions and Fraud

• Implementation of "Trump Accounts"

• 2027 Inflation Adjustments (HSA, HRA, DPCSA)

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

PDFs with the slides and this week’s articles can be downloaded via the links below:

• 2026-06-01 Current Federal Tax Developments

• Slides

This week we look at:

• Equitable Relief for Erroneous Tax Refunds: An Analysis of the Fourth Circuit's Reversal in LaRosa v. Commissioner

• Final Regulations Modify Information Reporting for Section 751(a) Partnership Interest Exchanges

• The Impermeable Reach of Section 6672: Joint and Several Trust Fund Liability and the Demise of the Delegation Defense

• The Taxpayer Due Process Enhancement Act (H.R. 6506): A Crucial Legislative Response to Commissioner v. Zuch

• Demystifying Notice 2026-33: Comprehensive Guidance on Qualified Long-Term Care Distributions under the SECURE 2.0 Act

• IRS Action on Decision: Decoding the Service’s Limited Acquiescence on Mandatory COVID-19 Postponements and the Road Ahead in Kwong

You can download or stream an audio version of this week’s broadcast at:

Articles with this week’s developments and slides are available to download at a PDF below:

2026-05-25 Current Federal Tax Developments

Slides for week of May 25, 2026

This week we look at:

• Technical Analysis of the Proposed Regulations Establishing Excepted Fertility Benefits

• Analysis of the IRS Time-Limited Settlement Initiative for Conservation Easement Disputes

• Strict Compliance with Contemporaneous Written Acknowledgment Requirements in Charitable Land Contributions

• Transferee Tax Liability and the Consequences of Willful Blindness: An Analysis of Dillon Trust Company v. United States

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

PDF files with copies of the articles for this week’s update and copies of the slides can be downloaded below:

2026-05-18 Current Federal Tax Developments

Slides for May 18, 2026 Current Federal Tax Developments

This week we look at:

• Syndicated Conservation Easements and the Valuation Conundrum: An Analysis of T.C. Memo. 2026-36

• Analysis of Garcia-Rojas v. Franchise Tax Board: The Limits of the Unitary Business Doctrine for Sole Proprietors

• An Analysis of the Reinstated Significant Issue Letter Ruling Program Under Revenue Procedure 2026-21

• The "Byers Rule" and the Administrative Procedure Act

• Jurisdictional Time Bars and the Timely Mailing Rule: An Analysis of Dunlap v. United States

• Temporary Import Surcharges and Executive Authority: A Review of the Court of International Trade's Ruling

An audio only version of this week’s program can be streamed or downloaded here.

The articles for this week’s developments and the slides can be downloaded as a PDF below.

2026-05-11 Current Federal Tax Developments

Slides for Current Federal Tax Developments

This week we look at:

• Reasonable Cause Relief Under the Small-Corporation Provision for Form 5472 Penalties

• Extending the Statute of Limitations for Disallowed ERC Claims

• Legislative Update: House Passes Comprehensive Tax Administration and Relief Bills

• Anticipated IRS Guidance Following the Rescheduling of Medical Marijuana

• Analysis of the New Dyed Fuel Excise Tax Refund Regulations Under Section 6435

• Executive Order on Retirement Savings and Its Interaction with IRC Section 6433

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

Articles for this week and slides can be downloaded below:

• Current Federal Tax Developments May 4, 2026

• Slides - Current Federal Tax Developments May 4, 2026

This week we look at:

• Tax Implications of the Rescheduling of State-Licensed Medical Marijuana

• Disallowance of COVID-19 Leave Credits: A Review of Substantiation and Trade or Business Requirements

• Substantiation, Entity Indebtedness, and Business Expense Deductibility: An Analysis of the Simmons Case

• The Tenth Circuit Codifies the Reach of the Economic Substance Doctrine Over Mechanical Statutory Compliance

• Treatment of Loyalty Rewards Program Funds and the Claim of Right Doctrine

• Valuation and Penalty Controversies in Estate Tax Examinations

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

The text of the articles for this week’s update and the slides (with infographics) can be downloaded below:

• 2026-04-27 Current Federal Tax Developments

• Slides

This week we look at:

• A Technical Analysis of the Final Section 224 Regulations on the Qualified Tip Deduction

• Analysis of Proposed Regulations on Information Reporting Thresholds and Wagering Losses (REG-113229-25)

• U.S. District Court Splits Its Ruling on Micro-Captive Disclosure Mandates

• IRS Reduces Enrolled Agent Special Enrollment Examination User Fees: An Analysis of the Interim Final and Proposed Regulations

• Taxation of Terminated Life Insurance Policies: An Analysis of Constructive Receipt and Investment Interest

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

You can download materials related to this week’s updates below:

• 2026-04-20 Text of Update Articles

• Slide Presentation

This week we look at:

• Corporate Capacity and State Law Revivor

• Digital Asset Identification Relief

• Interest and Bonus Depreciation Relief

• ERC Disallowances and Legal Standing

• Substantiation Rules for Emergency Vehicles

• Partnership Audits and Due Process

• Social Security Repayments

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

PDFs with the articles for this week’s update and the slides can be downloaded below:

• Articles

• Slides

This week we look at:

• Proposed Regulations for IRC Section 530A "Trump Accounts"

• IRC Section 6434 Trump Account Pilot Program

• Micro-Captive Scrutiny Formalized

• BBA Audits: Notice Defects and the Statute of Limitations

An audio version of this week’s broadcast can be streamed or downloaded via the link below.

Articles for this week’s update and a copy of the slides for this week can be downloaded below as PDFs:

• Current Federal Tax Developments March 16, 2026

• Slides - March 16, 2026

This week we look at:

• Fiduciary and Beneficiary Liability for Unpaid Estate Taxes

• Retroactive Entity Classification and Partnership Basis

• 2026 Passenger Auto Depreciation Limits

• Passport Certification & Victimization Defenses

• Passport Revocation in Collection Suits

• Waiver of Foreign Earned Income Exclusion Time Rules

• New Digital Asset Reporting Landscape (Form 1099-DA)

You can stream or download this week’s broadcast below:

This week’s update articles and slides can be downloaded below:

• CFTD Articles - Week of March 9, 2026

• CFTD Slides - Week of March 9, 2026