All content for Current Federal Tax Developments is the property of Edward Zollars, CPA and is served directly from their servers
with no modification, redirects, or rehosting. The podcast is not affiliated with or endorsed by Podjoint in any way.
IRS releases guidance for recipients of qualfiied tips and qualified overtime for 2025 Forms 1040, Medicare numbers for 2025 released and more.
Bankruptcy trustee retrieves ERTC refund from management company that was employee's employer for tax purposes, IRS finds CDP case sent back to Appeals and more
Tax Court issues decision on handling W-2 wages for QBI purposes for cannabis business, "placed in service" definition clarified for pre-IRA electric vehicle credits, and more developments.
IRS releases guidance on changes in research and experimental expenditures, Sixth Circuit agrees with Second and Third Circuits on equitable relief for late Tax Court petitions in deficiency cases and more.
Two conservation easement cases (and one with a extra strong warning), fouling up a portability election, dealing with uncashed retirement plan checks and more.
A bill modifying filing date reiief for state declared and stretching out the automatic relief period under §7805A is sent to the President, a last-known address case and more.
The Tax Court determines amounts paid were not a loan but rather equity and denied a claimed bad debt deduction, two cases on statutes of limitations and more.