2020-01-27 Real Soon Now
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.
