Foreshadowing TCJA talk; BOI ping-pong; rightful claims; and other highlights from our favorite tax bloggers.
Day: December 31, 2024
IRS silence allows investors to exploit ETF loophole, study finds
The tax-efficient, low-cost funds may have an even greater advantage over traditional mutual funds due to the IRS’s lack of a definition for “substantially identical” securities.
IRS finalizes regs for De-Fi tax reporting
The Internal Revenue Service issued final regulations for sales and exchanges of digital assets on the new Form 1099-DA for decentralized finance brokers, along with transition relief.
IRS gets John Doe summons for JustAnswer workers
The Internal Revenue Service is looking for information on those paid by JustAnswer to serve as ‘experts.’
QuickBooks Online Accountant now has call summaries, live cleanup
Intuit announced that QuickBooks Live Accountant will now support call summaries and live cleanup features.