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.