Tax updates related to developments occurring during the week, including

Email spoofing scams sent to get payroll information from employers
Number of transcript accounts accessed without authorization rises to 720,000
IRS not required to adjust each subsidiary's income or break out detail with a §482 adjustment
Mitigation rules allow IRS to recover refund from "closed" year of trust beneficiary
IRS gives guidance on filing the consistent basis form (Form 8971)

Written update articles - download a full write-up, along with links to the actual source documents, of items discussed this week.