In the latest edition of his Federal Tax Update, Ed Zollars dives into the news and notes you need to know. This week is all about the IRS' recently announced K-2 and K-3 relief.
- How much does the option added in Question 15 of the newly released FAQ on K-2 and K-3 issues really help partnerships and S corporations?
- Who does and doesn't qualify for this relief?
- And what about 2022 and future years?
Click on the player below to listen to the show.