Federal Tax Update: Indexing Week

https://vimeo.com/372227795

https://www.currentfederaltaxdevelopments.com/podcasts/2019/11/10/2019-11-11-indexing-week

 

This week we look at:

• Federal Circuit shoots down previously successful taxpayer argument that limited maximum FBAR penalty
• IRS publishes the 2020 inflation adjusted numbers
• Proposed regulations issued to revise the life expectancy tables for required minimum distributions
• Retirement plan numbers for 2020 issued by IRS