Podcast | 7-26-2021

This week’s podcast focuses on the following items:

  • Taxpayer fails in attempt to use Cohan rule to obtain deductions
  • IRS proposes Form 7203 to use by shareholders to report basis in S corporation
  • IRS can consider potential recovery against executor as part of offer in compromise
  • IRS opens up site for full electronic submission and signing of Forms 2848 and 8821

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