This week we look at:

IRS can use sample of transactions to carry burden for §165(c) kickbacks/bribery issues per CCA
IRS gives IRA custodians relief on RMD notices for 2020--but it means IRA owners may get bad advice about required distributions
Treasury indicates that guidance on excess distributions on termination deduction is “just around the corner.”
Microsoft denied assertion of privilege for most documents prepared by outside accounting firm in transfer pricing case

An audio only version of this week’s broadcast can be streamed/downloaded below:

Articles for this week’s update can be downloaded in PDF form below: