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Home > Federal Tax Update Podcast > 2020-01-13 When Bad Things Happen Penalties and Disqualification
Podcast: Federal Tax Update Podcast
Episode:

2020-01-13 When Bad Things Happen Penalties and Disqualification

Category: Business
Duration: 00:47:46
Publish Date: 2020-01-12 16:32:51
Description:

This week we look at:

  • A look at the interaction of qualified plans and post-70 ½ deductible IRA contributions under the SECURE Act.

  • A date change in the final version of the SECURE Act related to the kiddie tax.

  • An ESOP is found to be disqualified from inception due to both issues in its plan document and in operation of the plan.

  • IRS announces e-file start dates, with business returns now being accepted.

  • Two cases look at the timing of the required IRS supervisor review of proposed penalties in an exam.

Copyright 2020, Kaplan, Inc.

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