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Home > Federal Tax Update Podcast > 2020-03-09 Sometimes Too Late is Really Too Late
Podcast: Federal Tax Update Podcast
Episode:

2020-03-09 Sometimes Too Late is Really Too Late
Category: Business
Duration: 00:32:47
Publish Date: 2020-03-08 14:11:42
Description:

Current Federal Tax Developments for the week of March 9, 2020: Sometimes Too Late Really is Too Late:

  • IRS denies a taxpayer's request to make a late mark to market election under §475(f)
  • Loss limits for passive activities, basis and at-risk also limit self-employment loss use
  • Revenue Procedure grants relief for filing some information returns for certain foreign trusts

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