In the latest edition of his Federal Tax Update, Ed Zollars dives into the news and notes you need to know. This week:
- IRS modifies 2021 Form 1065 draft instructions to add self-employment income information
- IRS issues preliminary guidance on late repeal of Q4 ERC for most employers
- Training to begin for agents for ERC audits in early 2022
- Rejection of return due to suspected identity theft did not mean return was not filed before statute expired
Click on the player below to listen to the show.