Federal Tax Update: IRS Proposes Significant Revisions to Circular 230

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This episode was published on December 27, 2024.

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https://vimeo.com/1041577052?share=copy#t=0 https://www.currentfederaltaxdevelopments.com/podcasts/2024/12/22/2024-12-23-irs-proposes-signficant-revisions-to-circular-230 This week we look at: Automatic accounting method changes related to §174 extended to years beginning in 2024 BOI report - hectic week, but ultimately no resolution yet for initial report due date 2025 mileage rates published by the IRS IRS finalizes regulations on supervisory approval of penalties IRS proposes revisions to Circular 230

Episode metadata supplied by the publisher feed · Published Dec 27, 2024

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Federal Tax Update: IRS Proposes Significant Revisions to Circular 230

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