Update on retirement account required minimum distributions
March 26, 2024
The SECURE 2.0 law includes good news about required minimum distributions from tax-favored retirement accounts. But an earlier law contained some bad news for certain beneficiaries of inherited retirement accounts. Here are the rules.
HIPAA and remote work: A refresher for employers
March 25, 2024
For many employers, remote work arrangements are now common. If your organization offers this flexibility and sponsors a health care plan, be sure you’re guarding against potential HIPAA violations.
Maximize the QBI deduction before it’s gone
March 21, 2024
The qualified business income (QBI) deduction is scheduled to disappear after 2025. Congress could extend it, but don’t count on it. Here’s what you need to know to make the most of it while you can.
How renting out a vacation property will affect your taxes
March 19, 2024
Many people who own vacation homes rent them out to earn extra income. Even better, renting them out may provide tax breaks. Here are the rules.
Beware of a stealth tax on Social Security benefits
March 12, 2024
Many retirees are surprised to find out that some of their Social Security benefits are hit with federal income tax. Will you be one of them? Here are the rules.
Cash vs. accrual accounting: What’s the difference?
March 8, 2024
Is your business using the optimal method of accounting? What’s right depends on your company’s size, level of sophistication and other key factors.
