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
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-- posted at: 11:08am EDT
