2026-07-13 A Week of Final Regulations

This week we look at: Transitioning from First Time Abate (FTA) to Automatic Exemption from Penalty (AEP) Strict Enforcement of Tax Refund Statutes of Limitations Employee Retention Credit (ERC) Refund Claims & Pleading Standards Pandemic-Era Persistence of New York's Convenience of the Employer Rule Invalidity of Treasury Regulation Section 1.951A-2(c)(5) Non-Shareholder Capital Contributions vs. Compensation Final Section 1035 Exchange & Corporate Reorganization Regulations Reclassification of Abusive CRAT Structures as Listed Transactions The National Taxpayer Advocate’s Perspective on AEPAn audio only version of this week’s broadcast can be downloaded or streamed below. 2026-07-13 A Week of Final Regulations Edward K. Zollars, CPA (Arizona) Download PDFs of the articles for this week’s update and the slides can be downloaded below:2026-07-13 Current Federal Tax DevelopmentsSlides