New Podcast | 5-20-2019

This week’s podcast focuses on the following items:

  • Review Wolters Kluwer IRS response and other issues
  • IRS releases a new worksheet for computing tax when there are 25% or 28% gains
  • Tax Court finds IRS did not have authority to find Medicare difficulty payments nontaxable in Notice 2014-7
  • CA10 agrees with Tax Court that S corporation cannot accrue wages on participants
  • Taxpayer materially participated in activity under facts and circumstances test

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