FICPA Podcasts

Federal Tax Update: Sweating the Details (or Lose Out)

June 3, 2019

https://vimeo.com/339738434

https://www.currentfederaltaxdevelopments.com/podcasts/2019/6/1/2019-06-03-sweating-the-details-or-lose-out

This week we look at:

  • Evangelizing did not give rise to charitable deduction for most expenses

  • DC Circuit agrees with Tax Court that failure to disclose basis of asset doomed $33 million contribution

  • Taxpayers lose nearly $1 million of basis due to lack of old documents

  • IRS tries one more time to develop a W-4 for the TCJA era