A lot of things have changed in the last two years when it comes to tax rules. Every year, the IRS tweaks things a little. Old habits die hard, so some of these new tax… Continue Reading...
Many people think of the IRS filing deadline as April 15th. Simple right? In fact, there are deadlines all year long, something different every month. IRS Publication 509 has the outlines, if you want a… Continue Reading...
It’s hard to keep up with all the tax code changes that have come about due to COVID-19, and of course the change in the White House will bring even more tax code tweaks. A… Continue Reading...
IRS Notice 2021-10, which automatically extends several IRS deadlines, has just been updated again!! How does that benefit you, the taxpayer? Any gain (sale of stock, sale of property etc.) that you created by selling… Continue Reading...
People who are worried about the 10 year rule, requiring beneficiaries of inherited IRAs to withdraw the entire balance within 10 years, can double that time with a CRT beneficiary in front of inheritors. What… Continue Reading...
We talk a lot about people not doing tax planning and not spending more time creating the tax outcomes they want. We urge people to understand that it’s within their own control and that tax… Continue Reading...
