Podcast | 8-5-2019

This week’s podcast focuses on the following items: 

  • IRS sends out 10,000 letters on cryptocurrency, including some demanding a response
  • Relief granted on three bonus depreciation elections for year that includes September 28, 2017
  • Draft Schedule K-1 for Form 1120S revised to change §199A information reporting
  • Letter ruling holds a partial deduction allowed for DNA tests requested by an individual
  • Organization not operated exclusively for charitable purpose, §501(c)(3) status revoked retroactively

You can listen to the podcastview the video version, and read the corresponding notes.