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The Internal Revenue Service is once again waiving the hefty penalties for taxpayers who haven’t taken their required minimum distributions on the traditional IRAs they inherited. The agency will waive the penalty for distributions missed in 2024 from IRAs inherited in 2023, where the deceased owner was already subject […] Click here to view full […]

The Internal Revenue Service is once again waiving the hefty penalties for taxpayers who haven’t taken their required minimum distributions on the traditional IRAs they inherited. The agency will waive the penalty for distributions missed in 2024 from IRAs inherited in 2023, where the deceased owner was already subject […]

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Editor’s Note: The following article by David T. Wolfe and Dana R. Hermanson was originally published in the December 2004 CPA Journal and appeared online at http://archives.cpajournal.com/2004/1204/essentials/p38.htm. The editors republish it here on the occasion of its 20the anniversary and a forthcoming retrospective article in the March/April 2024 issue. […] Click here to view full […]

Editor’s Note: The following article by David T. Wolfe and Dana R. Hermanson was originally published in the December 2004 CPA Journal and appeared online at http://archives.cpajournal.com/2004/1204/essentials/p38.htm. The editors republish it here on the occasion of its 20the anniversary and a forthcoming retrospective article in the March/April 2024 issue. […]

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Capital gains taxes are the price of making a good investment. They’re levied on profitable stock trades and real estate deals and can also apply to sales of businesses, pieces of art, collectible cars, gold or other assets. President Joe Biden has long vied to increase the capital gains […] Click here to view full […]

Capital gains taxes are the price of making a good investment. They’re levied on profitable stock trades and real estate deals and can also apply to sales of businesses, pieces of art, collectible cars, gold or other assets. President Joe Biden has long vied to increase the capital gains […]

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Clients who extended the deadline to file a federal tax return to October 15 might feel that they’ve got forever to get their taxes done, but advisors say they should use the time wisely. They also shouldn’t expect to come out ahead by investing their tax returns during the […] Click here to view full […]

Clients who extended the deadline to file a federal tax return to October 15 might feel that they’ve got forever to get their taxes done, but advisors say they should use the time wisely. They also shouldn’t expect to come out ahead by investing their tax returns during the […]

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mycurator

Today, cybercriminals are developing ever more sophisticated ransomware tactics, social engineering scams, and brute force attacks on organizations’ operations and their data. The same advancements that make leaps in innovation, speed, and efficiency possible can also be exploited to access sensitive data and systems. And unfortunately, these criminal tactics […] Click here to view full […]

Today, cybercriminals are developing ever more sophisticated ransomware tactics, social engineering scams, and brute force attacks on organizations’ operations and their data. The same advancements that make leaps in innovation, speed, and efficiency possible can also be exploited to access sensitive data and systems. And unfortunately, these criminal tactics […]

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mycurator

Many business owners want to keep their family business within their families. But demographics and generational issues are making that tougher. Companies are often heirless, or their next generation is not ready to take over. Of course, procrastination is still a problem, too. According to a 2023 study by […] Click here to view full […]

Many business owners want to keep their family business within their families. But demographics and generational issues are making that tougher. Companies are often heirless, or their next generation is not ready to take over. Of course, procrastination is still a problem, too. According to a 2023 study by […]

Click here to view full article