In the latest edition of his Federal Tax Update, Ed Zollars dives into the news and notes you need to know. This week:
- Tacit consent given for filing of joint tax return
- “Money number” adjustments related to partnership items give rise to positive imputed adjustment
- Entity type, not exempt vs. taxable status, is the key factor in determining if partner is an eligible partner for BBA opt out
Click on the player below to listen to the show.
