New Rule Increases Age for Required Minimum DistributionsApril 6, 2020Timothy RiceThe amount of time banks and other financial institutions have to notify people with retirement…Read More
‘Clawback’ concerns linger under new tax lawMarch 21, 2018Timothy RiceThe new tax reform package increases an individual’s lifetime exemption from roughly $5.5 million to…Read More
Proposed regulations curtailing valuation discounts withdrawnDecember 15, 2017Timothy RiceThe Treasury Department and the IRS have announced that proposed regulations that would have drastically…Read More
Retirement accounts: Tips for taxpayers turning 70 1/2March 31, 2017Timothy RiceIt’s a big year for the first set of baby boomers: They’re turning 70 1/2.…Read More
IRS: Account transcripts can serve as estate tax closing letterMarch 24, 2017Timothy RiceA recent IRS notice confirms that an account transcript issued by the IRS qualifies as…Read More
IRS tax crackdown might actually end up helpingJanuary 28, 2016Timothy RiceIRS officials have been indicating for a few months now that they’re about to start…Read More