Federal Tax Update Podcast
With Ed Zollars, CPA
This week's podcast includes:
- Section: Scams E-Filing PIN System Subject of Automated Attack Based on Information Obtained from Non-IRS Sources
- Section: 62 Court Finds Judge Not Compensated By Fees, Business Deductions Must Be Taken as an Itemized Deduction
- Section: 179 IRS Releases PATH Inflation Adusted 2016 Numbers for §179, Transit Benefits and Above the Line Educator Deductions
- Section: 752 Impact of Guarantees on Treatment of Partnership Debt Discussed in Memorandum
- Section: 6035 IRS Delays Due Date for Basis Statements One Additional Month to Allow for Publication of Proposed Regulations
- Section: 6651 Minimum Penalty for Failure to File Returns Increased
- Section: 6662 Law Firm Had No Substantial Authority Nor Reasonable Cause for Deducting Unreasonable Level of Compensation
- Section: 7605 IRS Has Right to Look at Records for Year Previously Examined to Verify Net Operating Deduction for Exam of Later Year