Tax Pro Today will host a Web seminar November 8 on Federal Tax Update: Top 40 Developments of 2016-2017. The seminar will be presented by David S. De Jong, CPA, Esq., a frequent lecturer on tax developments throughout the country.
Participants will learn the most important tax developments during the past year, from public laws to Tax Court and appellate court cases to IRS guidance. These include:
· Public Law 115-63 which provides tax relief to victims of Hurricane Harvey, Irma and Maria.
· Two court decisions explaining what must be proven to claim a net operating loss carryforward.
· Tax Court cases in which a dentist and a stockbroker were determined to be “real estate professionals”.
· A surprising Tax Court decision allowing a deduction for “alternative medicine”.