Time Zones and Timely Electronic Filings

Stay up to date on federal tax developments with this weekly tax podcast by Ed Zollars, CPA-AZ.

IRS issues CCA making clear how strict the §125 substantiation rules are
Taxpayer’s lack of documentation forces him to accept preparer’s gross gambling winnings and limits his gambling loss deduction
Tax Courts finds that last second rule for filing a Tax Court petition is not the same as for returns filed via eFile