Current Federal Tax Developments for the week of October 23, 2017 - Indexing Time of the Year. Current Federal Tax Developments is brought to you by the state CPA societies and the Loscalzo Institute, a Kaplan Company.
This week we look at the following developments:
- IRS releases inflation adjusted tax factors for 2018
- LB&I Division issues guidance on unit of property and major component issues for the mining industry
- IRS announced retirement plan numbers for 2018
- IRS announces nonacquiesence in S corporation/real estate professional decision
- Anti-Kerr regulations officially withdrawn by the IRS
- 2017 Returns without health care information will not be accepted for efiling
- A court decision that appears to arrive at approximately the right place, but for all the wrong reasons
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