Current Federal Tax Developments

Weekly update on federal income tax developments

2025-10-20 Who Owns a Hotel's ERTC Refund?

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

10-19
50:27

2025-10-13 2026 Tax Year Inflation Numbers Published

IRS releases inflation adjusted amounts for 2026 tax years, IRS shutdown moves to phase two and more.

10-10
53:50

2025-09-29 The End of Individual Refund Checks Approaches

IRS announces the beginning of the end for paper check refunds, a taxpayer loses on a hobby loss case and more.

09-27
01:08:46

2025-09-22 Catch-Up Contribution SECURE 2.0 Regulations Released

FInal regulations on designated Roth account catch-up contributions for qualified plans, states issued warnings on phishing/smishing attacks and more.

09-20
01:07:23

2025-09-15 QBI Deduction, W-2 Wages and Section 280E

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.

09-13
01:19:45

2025-09-08 IRS Releases Preliminary List of Eligible Qualified TIp Occupations

IRS releases preliminary list of occupations for qualified tips deduction, entertainer found to be a California resident and more.

09-06
01:03:17

2025-09-02 Better Late Than Never R&E Procedural Relief

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.

09-01
01:29:09

2025-08-25 Stump the LLM

Simplification of reporting on Form 8308 proposed,. OBBBA additional guidance, thoughts on LLMs and tax law and more.

08-24
02:13:39

2025-08-18 State Tax Credit SALT Workaround Regulation Challenge Fails

Second Circuit issues three opinions of interest, IRS issues OBBBA guidance on beginning of construction for solar and wind projects and more.

08-18
01:37:49

2025-08-11 IRS Announces No Payroll Changes for 2025

IRS announces no changes to be made to W-2s, 1099s, payroll reports and withholding tables in 2025 for OBBBA changes and more.

08-10
01:36:03

2025-08-04 A Late Tax Season Start Expected

IRS Commissioenr announces expected late start of tax season upcoming, CAMT relief provided in Notice and more.

08-02
01:38:09

2025-07-21 Dealing with Uncashed Retirement Plan Checks

Two conservation easement cases (and one with a extra strong warning), fouling up a portability election, dealing with uncashed retirement plan checks and more.

07-19
01:47:59

2025-07-14 Passage of a Much Shorter Additional Tax Bill

A bill modifying filing date reiief for state declared and stretching out the automatic relief period under ยง7805A is sent to the President, a last-known address case and more.

07-14
01:40:57

2025-07-07 Win Some Lose Some on Statutes of Limitations for the IRS

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.

07-07
01:17:30

2025-06-30 ERC Issues Return to Court

Two ERC issues from the courts this week, IRS expands exemptions from filling Form 1065 & Form 1120S Schedules K-1 and K2 and more.

06-30
01:30:35

2025-06-23 Senate Finance Committee Tax Provision Draft Issued

Senate Finance Committee release draft of tax provisions, IRS manages to foul up addressing a notice of deficiency and more.

06-23
01:08:39

2025-06-16 The Case of the Vanishing Levy

The Supreme Court sides with the IRS on a CDP Levy issue, an updated list of automatic accounting method change procedures is issued and more.

06-16
01:38:56

2025-06-09 Worthlessness vs Cancellation of Debt Are Not the Same

Ninth Circuit looks at the (lack of) a connection between a cancelled debt for a debtor and a bad deduction for a (related) debtor, Supreme Court decides a Constitutional SUTA/FUTA issue and more.

06-08
01:50:15

2025-05-26 Second Challenge to Convenience of the Employer Rule

A second try at mounting a challenge to New York's convenience of the employer rule, a look at reasonable cause in the context of a late filing penalty and more.

05-27
01:31:25

2025-05-19 Passthroughs and the One Big Beautiful Bill

Key provisions in proposed tax bill that impact passthroughs, a case looking at the claim of right doctrine, and more.

05-19
01:37:19

Recommend Channels