U.S. IRS Releases Practice Units on Reasonable Cause and Good Faith, Inventory LIFO, S Corp Distributions, and Others
The U.S. IRS has recently released several international practice units, including practice units on:
- Reasonable Cause and Good Faith
- Adopting LIFO
- LIFO Conformity
- LIFO Conformity for U.S. Corporations with Foreign Subsidiaries Using LIFO
- Distributions with Accumulated Earnings & Profits
- General Overview of Distributions and Accumulated Earnings & Profits
- IRC 179D Energy Efficie…