This week we look at:

• Bad Debt Deduction and Accuracy-Related Penalties: Key Takeaways from Anaheim Arena Management, LLC v Commissioner

• FBAR Compliance and the CPA’s Due Diligence Under Circular 230

• Dissecting Partnership Audit Limitations: Insights from JM Assets, LP v. Commissioner

• Decoding Penalty Assessments: A Deep Dive into Moxon Corporation v. Commissioner

• Tax Court Scrutiny: Upholding Civil Fraud Penalties in Beleiu v. Commissioner

An audio only version of this week’s broadcast can be streamed or downloaded below:

A PDF of this week’s articles can be downloaded below:

2025-07-07 Current Federal Tax Developments