Federal Tax Update: BOI Developments - The Gift That Keeps on Giving

https://vimeo.com/1042629856?share=copy#t=0

https://www.currentfederaltaxdevelopments.com/podcasts/2024/12/28/2024-12-30-boi-developments-the-gift-that-keeps-on-giving

This week we look at:

• Tomato processing plant reconditioning to put plant back into shape before beginning next harvest-season production failed all events test at end of the prior season
• Tax Court again imposes functional test in case with state law limited partners
• The BOI reports have a week of dueling court rulings - from the same court