2019-08-19 George M Would Be Proud
Current Federal Tax Developments for the week of August 19, 2019: George M Would Be Proud... Taxpayer “wins” on a Cohan style case, but things don’t really go well Qualified plan distribution is part of taxable income for the taxpayer even if the taxpayer doesn’t cash the check An estate cannot avail itself of the economic disability tolling of the statute of limitations (and it wouldn’t have mattered anyway). IRS to send out estimated tax penalty refund checks to 400,000 taxpayers Copyright 2019 Kaplan, Inc.
