Current Federal Tax Developments for the week of January 27, 2020: Real Soon Now

  • IRS can use sample of transactions to carry burden for §165(c) kickbacks/bribery issues per CCA
  • IRS gives IRA custodians relief on RMD notices for 2020--but it means IRA owners may get bad advice about required distributions
  • Treasury indicates that guidance on excess distributions on termination deduction is “just around the corner.”
  • Microsoft denied assertion of privilege for most documents prepared by outside accounting firm in transfer pricing case

Copyright 2020, Kaplan, Inc.

Direct download: 2020-01-27_Real_Soon_Now.mp3
Category:general -- posted at: 11:08am EST



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