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Accounting and Accountability

Jun 18, 2021

Discussed in this podcast:

The current RMD requirements for those 72 years old and over and the 50% penalties that will occur if you don't, as well as the proposed bill to raise that age.

The impact of President Biden's proposed Capital Gains Tax increase and his Global Corporate Tax Rate plan. 

Form 1099K not...


Jun 4, 2021

In this episode we discuss:

  • A method for reducing tax liability for seasonal workers,
  • how employing your own children can be beneficial,
  • the $600 billion Tax Gap and the resulting random IRS audits,
  • the benefits of filing your amended returns electronically,
  • new IRS audit guidelines for contractors, and
  • help for those...