The IRS has announced its initial list of areas in which it plans to issue guidance through June 30, 2019. Sixty-two of the areas targeted for guidance concern changes by the Tax Cuts and Jobs Act. The IRS doesn’t get to everything on the list (e.g., a perennial priority is the extent to which distributive shares to limited liability company members are subject to self-employment tax).
New blog today! J.K. Lasser’s Small Business Taxes 2019