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Joanne, Here Are Your Articles for Tuesday, September 26, 2023
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RMDs Waived for Non-Spouse Beneficiaries of Inherited IRAs in 2023

The IRS is providing relief to heirs of inherited IRAs who are subject to the 10-year rule, allowing them to skip required minimum distributions (RMDs) in 2023. Click for the details.

Author: David F. Samer, CPA, Senior Tax Manager

Prepare for the TCJA Sunset — If You Can

The landmark 2017 Tax Cuts and Jobs Act made a lot of changes—most of which are set to expire by the end of 2025. How should you address this? Is it even feasible? Click through for some insights into the (possible) end of the TCJA.

IRS Puts Brakes on ERC Processing

Amid rising concerns about a flood of improper Employee Retention Credit claims, the IRS has announced a moratorium, effective from Sept. 14 through at least the end of the year, on processing new claims. Click through to see how this may affect you.

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Our firm provides the information in this e-newsletter for general guidance only; it does not constitute the provision of legal advice, tax advice, accounting services, investment advice, or professional consulting of any kind. The information provided herein should not be used as a substitute for consultation with professional tax, accounting, legal, or other competent advisers. Before making any decision or taking any action, you should consult a professional adviser who has been provided with all pertinent facts relevant to your particular situation. Tax articles in this e-newsletter are not intended to be used, and cannot be used by any taxpayer, for the purpose of avoiding accuracy-related penalties that may be imposed on the taxpayer. The information is provided "as is," with no assurance or guarantee of completeness, accuracy, or timeliness of the information, and without warranty of any kind, express or implied, including but not limited to warranties of performance, merchantability, and fitness for a particular purpose.
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