FICPA Podcasts

Federal Tax Update: Sometimes Too Late is Really Too Late

March 9, 2020  


This week we look at:

  • IRS denies a taxpayer's request to make a late mark to market election under §475(f)
  • Loss limits for passive activities, basis and at-risk also limit self-employment loss use
  • Revenue Procedure grants relief for filing some information returns for certain foreign trusts