Tax Podcast: A Tax Bill for the Holidays

December 23, 2019

Stay up to date on federal tax developments with this weekly tax podcast by Edward K. Zollars, CPA, Phoenix, Arizona. 

This week's topic: A Tax Bill for the Holidays

Further Consolidated Appropriations Act, 2020 signed into law on December 20, 2019

SECURE Act

  • The good: Delay in required beginning date for plan distributions, later plan adoption date, etc.
  • The bad: Death of the stretch IRA
  • Extenders apply retroactively - so there are some amended returns that will be needed
  • Tax-exempt version of the parking lot tax is gone, but the for-profit version is still around

SECURE Act, Extenders and Repeal of Certain ACA Taxes Enacted as Part of Year End Appropriations Act (PDF)

  

View all News