Federal Tax Update: Another New Tax Bill

 

https://vimeo.com/338599794

https://www.currentfederaltaxdevelopments.com/podcasts/2019/5/26/2019-05-28-another-new-tax-bill

This week we look at:

• Virtual currency guidance promised by IRS Commissioner

• HSA numbers for 2020 released by IRS

• Auto depreciation limits for 2019 released by IRS

• House passes retirement reform bill, would drastically cut back on the use of stretch IRAs

• Assistant US Attorney warns preparers about criminal exposure when they don’t raise enough issues about loan