In the latest edition of his Federal Tax Update, Ed Zollars dives into the news and notes you need to know. This week:
- Build Back Better fails to clear Congress in 2021, 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
Click on the player below to listen to the show.
