FICPA Podcasts

Federal Tax Update:The Tax Court Deals with Debt Issues

July 20, 2020

https://vimeo.com/439622550

 

https://www.currentfederaltaxdevelopments.com/podcasts/2020/7/19/2020-07-18-the-tax-court-deals-with-debt-issues

 

This week we look at:  

  • IRS describes letters issued for Form 7200 when various issues arrive
  • Loan was nonrecourse since lender did not take route that could have lead to deficiency judgment
  • Debt failed to be qualified principal residence interest
  • IRS proposes to add Schedules K-2 and K-3 for international partnership issues
  • PTIN fees to return next year