2023-08-21 Renting The Owners' Homes To Their Business Didn't Work As Well As Expected

This week we look at:

• Limited relief likely coming for beneficial ownership reporting

• IRS being challenged in an attempt to treat state law limited partners as receiving SE income

• Rent your home to your business for 13 days each year plan mainly failed

• Advance memo states IRS objection to a marketed trust tax avoidance plan

• IRS memo explains credit unions can only claim COVID ERC on 2021 wages

An audio only version of this week’s update can be downloaded or streamed below:

A copy of the slides and links to supporting articles can be downloaded below:

2023-08-21 Current Federal Tax Developments