IRA Account RMDs in 2020, CA Electronic Payment Requirements and First Time Penalty Abatement Requests

Originally recorded on July 31, 2020, in this discussion, Paul and Steve review the current special rules for Required Minimum Distributions from IRA accounts in 2020, the requirement for certain taxpayers to make their tax payments to the State of California electronically (and the penalties associated with not doing so) as well as the federal first time penalty abatement program.