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
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.
Is Cryptocurrency Really Secure?
Is Cryptocurrency Really Secure? If you’ve been following the cryptocurrency market then no doubt you’re aware of the volatility of this digital currency. You’ve already seen the massive swings that Bitcoin, Ripple and others have taken over the past several months. Although the big jumps and crashes have made most of the cryptocurrency headlines. There…
How Will New Tax Reform Affect Divorce in the Coming Year?
How Will New Tax Reform Affect Divorce in the Coming Year? No one plans on getting divorced when they decide to tie the knot. Love will conquer all, right? Unfortunately, that’s not how things work and about half of all marriages still end in divorce. Divorce is almost never pleasant and any couple that decides…
Tax Reform Brings New Changes to Section 1202
Tax Reform Brings New Changes to Section 1202 Tax reform is here, love it or hate it. So, with the New Year here that means it’s time to start working under different tax law. To be clear, the 2017 tax year, for which you will file a return this year, is not affected by the…
The Best Cruises for Non-Cruisers
The Best Cruises for Non-Cruisers Have you been on a good cruise lately? For some travelers, nothing beats a cruise. You get to relax on a floating resort with access to unlimited food, drinks and recreation without a care in the world. For some this is the definition of heaven. However, cruises aren’t exactly for…