Stay up to date on federal tax developments with this weekly tax podcast by Edward K. Zollars, CPA, Phoenix, Arizona.
This week's topic: Slowing Down RMDs - But Not Until 2022
- The IRS releases revised tables to compute required minimum distributions from retirement plan accounts - but not until 2022
- Taxpayer denied relief from late filing penalties even though he believed his CPA had filed an extension on his behalf
- IRS publishes news release indicating relief for certain collection related actions due to COVID-19