In the latest edition of his Federal Tax Update, Ed Zollars dives into the news and notes you need to know. This week:
- The IRS revises instructions for Schedule K-2 and K-3 and points out that more taxpayers may need to file this than they might have thought
- The IRS stops issuing one (and just one) automated notice, then complains about issues blocking them from doing more
- That prompts the AICPA to issue statement critical of the IRS' relief, and requesting all Tax Professionals United for Taxpayer Relief Coalition recommendations be adopted
Click on the player below to listen to the show.
