This issue’s topics include:

  • IRS Nixes Proposed Regs On Optional Reporting By Charitable Organizations
  • IRS Clarifies Treatment Of Retroactive Increase In Excludable Transit Benefits For FICA Taxes And W-2 Reporting
  • Tax Court Reversal: Taxpayers Can Claim Losses By Mark-to-Marking Currency Options Under Code Sec. 1256
  • Chief Counsel Will Assert Penalties Based On Disallowed Refundable Credits, Following Change In PATH Act
  • IRS Provides Some Penalty Relief To Education Institutions For Missing TINs

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