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

career

Five Mistakes That Can Destroy your Career

Five Mistakes That Can Destroy your Career There all kinds of ways people can end up hurting their careers. Sometimes they make honest mistakes, and in other cases, people make poor choices that can totally ruin their careers. In most cases, people don’t get the boot or destroy their career by one big mistake or…

New York Mayor Wants to Improve Subway System With the Wealthy’s Money

New York Mayor Wants to Improve Subway System With the Wealthy’s Money

New York Mayor Wants to Improve Subway System With the Wealthy’s Money Have you taken a ride on New York’s Subway system recently? If you have then you might have noticed that it’s in need of some work. Like many other forms of infrastructure, the Subway is getting old and worn down from years of…

Real Estate Investors Saving Big on Taxes

Real Estate Investors Saving Big on Taxes

Real Estate Investors Saving Big on Taxes If you invest in real estate then you might be aware of a little tax-friendly trick known as a like-kind exchange. This tax-saving tip can save real estate investors a lot of money every time they sell a property. Under normal circumstances if you sell a property and…

What’s the Difference Between Tax Avoidance vs. Tax Evasion?

What’s the Difference Between Tax Avoidance vs. Tax Evasion?

“I love paying taxes!” said no one ever!  The truth is given a choice everyone would most likely keep their hard earned money rather than give it to the government.  Unfortunately, taxes are a part of life and almost no one is exempt. However, figuring out how to pay fewer taxes is practically a national…