Current Federal Tax Developments
Current Federal Tax Developments
Edward Zollars, CPA
2020-01-27 Real Soon Now
1 seconds Posted Jan 25, 2020 at 4:29 pm.
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This week we look at:

  • 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

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2020-01-27 Current Federal Tax Developments