https://vimeo.com/849978426
https://www.currentfederaltaxdevelopments.com/podcasts/2023/7/30/2023-07-31-the-erc-hearing-before-congress-left-for-the-august-recess
This week we look at:
- Oversight Committee of House Ways & Means Committee holds a hearing on ERC issues, discusses potential amnesty program
- IRS ending most announced revenue officer visits
- Taxpayer finds out that there may very well be a tax consequence when you borrow against your life insurance policy and then let the policy lapse