The American Bar Association Section of Taxation submitted a substantial number of recommendations to the IRS from the following committees:

Affiliated and Related Corporations

Bankruptcy and Workouts Corporate Tax

Civil and Criminal Tax Penalties Employee Benefits

Exempt Organizations

Fiduciary Income Tax

Financial Transactions

Foreign Activities of U.S. Taxpayers Investment Management Partnerships and LLCs

Real Estate

Sales, Exchanges and Basis

Tax Exempt Financing

U.S. Activities of Foreigners and Tax Treaties

See American Bar Association, Committee on Taxation, “Recommendations for 2014-2015 Guidance Priority List,” (June 17, 2014).

Posted by Theodore H. Waggner, Esq. Associate Editor, Wealth Strategies Journal