Last year a taxpayer was audited by the IRS and an item of deduction on the tax

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Last year a taxpayer was audited by the IRS and an item of deduction on the tax return was disallowed. On this year’s tax return, the taxpayer would like to deduct a similar item. Discuss the circumstances under which a member may allow the taxpayer to take the deduction on the current year’s return and still comply with SSTS No. 5. Under what conditions must special disclosure be made by the member?
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Federal Tax Research

ISBN: 9781285439396

10th Edition

Authors: Roby Sawyers, William Raabe, Gerald Whittenburg, Steven Gill

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