2020-03-09 Sometimes Too Late is Really Too Late
Current Federal Tax Developments for the week of March 9, 2020: Sometimes Too Late Really is Too Late: IRS denies a taxpayer's request to make a late mark to market election under §475(f) Loss limits for passive activities, basis and at-risk also limit self-employment loss use Revenue Procedure grants relief for filing some information returns for certain foreign trusts Copyright 2020, Kaplan Financial Education
