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Home > Federal Tax Update Podcast > 2022-07-11 IRS Liberalizes Late Portability Election Relief
Podcast: Federal Tax Update Podcast
Episode:

2022-07-11 IRS Liberalizes Late Portability Election Relief
Category: Business
Duration: 00:43:34
Publish Date: 2022-07-10 23:19:35
Description:

This week we look at:

  • Discussions start up again for reconciliation bill.
  • IRS extends automatic late portability election relief to five years
  • Federal tax lien attached to payments being made to seller’s former spouse for alimony by business buyer
  • No reasonable cause for late payment and late filing

Copyright, Kaplan, Inc.
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