Will Form 843 Tangible 2011-2023

This is the current federal tax development for the week of January to 23rd 2023 current federal tax developments are brought to you by your state Society of CPAs and Nichols Patrick cpe a division of valois causal Institute this week is sometimes you just can't give them money and this was going to look at the following developments first we'll start out with discussion up release it was granted by the IRS when the CPA firm accidentally failed to have the client file upon 3115 the IRS loses a case on a passive activity issue when the Tax Court accepts the logic of a technical advice memorandum the IRS issued after the trial concluded to decide that based on that and based on the logic of that that essentially the taxpayer was a pet was passive with regard to the activity in question we'll also take a look at a second issue on the same case where the tax court applied the rank Meyer case decision but this time against the IRS to decide is that same taxpayer was not subject of blunt attacks on the flow-through income will then move on to the fact that the IRS would not allow an employer to voluntarily pay money after the statute had closed when it made an error in the payroll tax report but we'll discover there's a reason for that and finally we'll give you a preview the IRS has issued the proposed regulations dealing with the comprehensive partnership audit rules will discuss some of the highlights of that do a little bit this week i'm planning to a much deeper dive on to it later so that we can take a look at it next week because it's 277 pages long and it's going to take a little...