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Check Box If a Pro Forma Federal Return is Attached

Check Box If a Pro Forma Federal Return is Attached

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welcome to this week's current federal tax developments brought to you by Kaplan professional education and your State Society of CPAs this week we're going to be looking at some developments that have occurred interesting enough the big things have occurred in instructions and forms I met Sollers from Phoenix and we're going to look at a few things before we get to the forms and instructions first the IRS fixed a a troublesome problem that was created when the tax cuts and Jobs Act went to 100 percent bonus depreciation with regard to what we all refer to as luxury auto rules we'll take a little private letter ruling that a lot of sub trust to qualify as a conduit trust for IRA distribution purposes the AICPA this week sent out a letter to the IRS asking for some regulatory changes that would fix a problem we discussed last month regarding the problem of the syndicate rules and the potential that has for taking away a number of potential tax benefits fr

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