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The most recent issue of Tax Digest has been posted to our industry news page.   In this issue you’ll find the following topics:

  • The IRS issues a draft of revised Form 3115
  • Update on employee versus independent contractor status
  • Partnership target capital account guidance s finally in the pipeline
  • Reporting related employers on Form 1094-C
  • Beware of disappearing basis
  • IRS announces new anti-abuse rules for partnerships (International)
  • Tax Court invalidates key rule in cost-sharing regulations (International)

Click here to read September’s Tax Digest

As always, if you have any questions or concerns, please feel free to call your Pugh CPAs representative.

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