The IRS is Getting a Funding Increase, Episode 21 with Ron Cohen

The IRS is Getting a Funding Increase, Episode 21 with Ron Cohen

The IRS is Getting a Funding Increase, Ron Cohen Episode 21 

In This episode we cover The New Retirement Bill, the Higher IRS Budget Proposal, the attempt to take away the “John Edwards” rule for S Corporations and other entities, Truckers and AB5.

Show Notes:
More on the Earn Act: https://www.irafinancialgroup.com/learn-more/self-directed-ira/ira-rules-regulations/earn-act-passed-through-senate/

More on IRS Funding Increases: https://dhub.blob.core.windows.net/dhub/Newsletters/Tax/2022/TNV/220624_2.html?elqTrackId=db437f746baf4557aec2592dabe4b403&elq=6962b91dc8e4455c834dd7b2d308df63&elqaid=97452&elqat=1&elqCampaignId=17896

More on Proposed Increase in owner taxes from pass-through businesses:
https://www.finseca.org/wp-content/uploads/2022/07/Net-Investment-Income-Tax-Expanded-for-Pass-Through-Businesses.pdf

Please let us know if there are specific topics you’d like to hear about in future episodes.

Ron Cohen,

CPA, Partner at Greenstein, Rogoff, Olsen & Co., LLP  CPAs & Advisors
Email: rcohen@groco.com
510.797.8661

Tax update with Ron, episode 30

Click here to listen to more from Ron.

Click here, then scroll down, to see Ron’s bio.

To receive GROCO’s free newsletter, click here.

Click here to learn more about Greenstein, Rogoff, Olsen & Co., LLP (GROCO.com)  Advisors to the ultra-affluent.

Groco

IRS

How Has the Tax Reform Affected the Real Estate Market?

How Has the Tax Reform Affected the Real Estate Market?

How Has the Tax Reform Affected the Real Estate Market? One of the doom and gloom theories regarding the federal tax reform, also known as the Tax Cut and Jobs Act, was that it would put a heavy burden on the real estate market. The theory was that because the reform placed a $10,000 cap…

How to Lower Your Tax Bill in Retirement

How to Lower Your Tax Bill in Retirement

How to Lower Your Tax Bill in Retirement How far away are you from retirement? Are you getting closer to those so-called “golden years?” If you are then you hopefully you’ve already started preparing for your retirement with a sound plan. Retirement is supposed to be a glorious time in life. But unfortunately, for many,…

Monster Under The Bed to IRS

Monster Under The Bed to IRS Transcript: When the economy went down, it affected me really badly. It got so bad that the monster under my bed had to go and get a new job. I was relieved at first and I started sleeping better, until he visited me at work a couple months later…

4K TV

4K TV Transcript: I bought a brand new 84”, 4K TV this year, and I even wrote it off on my taxes. What? My accountant said I needed to look at the bigger picture of things.   To receive our free newsletter, contact us here. Subscribe our YouTube Channel for more updates. This transcript was generated by software and…