This week’s podcast covers the following developments:
- Fact sheet on how the IRS contacts taxpayers–and how it doesn’t
- Ruling issued on how funds sent to state under abandoned property laws is treated for withholding and reporting purposes
- Taxpayer was found to be a statutory employee, deductions allowed above the line
- IRS issues proposed regulations that would increase number of taxpayers that must electronically file all information returns
You can listen to the podcast here, view the video version here, and read the corresponding notes here.
To stay current on federal tax updates, visit our podcasts page, where we upload a new episode each week.