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

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

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)

This week we look at:

• Required Minimum Distribution Regulations Delay
• CDP Proceedings and Underlying Liabilities
• Section 743(b) Adjustments and Economic Substance
• Assessability of Section 6038(b) Penalties

This week we look at:

• Supreme Court Invalidates Executive Tariffs Under IEEPA
• Special Depreciation Allowance Under the OBBBA
• CAMT Adjustments and Relief
• Circuit Split on Third-Party Fraud
• Valuation and Penalties in Syndicated Conservation Easements

This week we look at:

• TEFRA Jurisdiction and the "Limited Partner" Exception
• Artificial Intelligence and Substantiation
• Section 183 Profit Motive
• Rebate vs. Nonrebate Refunds
• Substantiation and Civil Fraud
• Consolidated Return Jurisdiction

Copyright 2026, Thomas, Zollars & Lynch Ltd.

This week we look at:

• The "Charitable LLC" Tax Shelter
• Section 280E Bars ERC for Cannabis Businesses
• TEFRA Intervention by Majority Partners
• R&D Credit Substantiation
• Supervisory Approval of Penalties
• ERISA Beneficiary Designations

This week we look at:

• Challenging the Presumption of Delivery (CDP Cases)
• Bank Deposits & Conduit Theory
• Mandates Under Executive Order 14247 (Notice CP53E)
• IRS Implementation of Executive Order 14247 - (FS 2026-02)
• Federal Priority Statute Liability
• FASIT Structure & Substantial Compliance

This week we look at:

• ERC Refund Suits and Challenges to IRS Notice 2021-20
• Section 6015(f) Equitable Relief and Attribution of Income
• Financial Disability Tolling under § 6511(h)
• Distinguishing "Tax Loss" for Sentencing vs. Restitution
• Implementation of Qualified Overtime Deductions (OBBBA)

This week we look at:

• SE Tax Liability for Limited Partners (Sirius Solutions)
• Whistleblower Awards and "Collected Proceeds"
• Statutory Construction of Section 168(k) Amendments
• Updated Safe Harbor Explanations for Section 402(f)
• Modernized Group Tax Exemption Framework
• Tax-Exempt Status of Supplemental Military Housing Allowances