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Accounting and Accountability

Feb 11, 2022

In this episode:

  • Another wave of IRS notices has been distributed regarding tax returns incorrectly marked as missing.
  • There are situations where you can withdraw from your IRA before 59.5yo without penalty.
  • There are possibilities to deduct part of your personal tax preparation fees on your business return.
  • There are possible gain exclusions on sale of stock.

We also hear from Karen Sposato of Sposato Wine and Sposato Family Vineyards about what it takes to start a successful winery and work as a team in an entirely different country!