In the latest edition of his Federal Tax Update, Ed Zollars dives into the news and notes you need to know. This week:
- BBBA process continues but no Senate text yet available
- Taxpayer discovers she needs to report K-1 income in year of divorce
- IRS gives guidance for retroactive changes to 4th quarter ERC
- IRS grants relief to certain partnerships filing short year returns related to Schedules K2 & K3
Click on the player below to listen to the show.