https://player.vimeo.com/video/658414387?

https://www.currentfederaltaxdevelopments.com/podcasts/2021/12/19/2021-12-20-bbba-is-not-coming-soon

This week we look at:

  • BBBA fails to clear Congress before adjourning for the year and Senator Manchin states he is a no vote on this bill
  • Mileage rates released by the IRS
  • IRS updates automatic changes for small business accounting methods added by TCJA
  • IRS publishes, with minimal changes, annual disclosure Revenue Procedure