Jul 28, 2023
In this episode:
- Inherited IRAs - Different rules on distribution requirements.
- New IRS targets for LLCs and LLPs.
- Mortgage interest limitations on personal residence and secondary homes.
- New IRS scam arriving in the mail.
- IRS says they will no longer be conducting surprise on-site visits.
We are also joined in the...
Episode 71: Major Changes for Form 1099 and W-2 Filing
Jul 14, 2023
In this episode:
- New thresholds requiring Form 1099s and most W-2s to be e-filed.
- 263A: Uniform Capitalization rules.
- Situations that avoid the 10% penalty tax for early withdrawals from traditional IRAs and 401Ks.
- Deductible HSAs.
- Lawsuit proceeds for physical injuries may be tax free.
We also hear from...