FICPA Podcasts

Federal Tax Update: Back to the FAQ

November 25, 2019

https://vimeo.com/375141738

https://www.currentfederaltaxdevelopments.com/podcasts/2019/11/23/2019-11-25-back-to-the-faq  

 

Current Federal Tax Developments for the week of November 25, 2019: Back to the FAQ

  • IRS discusses information security responsibilities and risks for tax professionals
  • Rental section added to IRS’s §199A FAQ page on website
  • Final regulations issued on anti-clawback estate/gift tax provisions
  • Only one penalty applied to taxpayer that was both the owner and beneficiary of a foreign trust