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.
Approaching “Star Trek”-Like Medical Technologies
Approaching “Star Trek”-Like Medical Technologies The world of technology is constantly evolving. In fact, new and emerging technologies have become a part of just about every industry in the business world. The medical world is no different and, in fact, many of the most amazing and groundbreaking technologies are created by and for the medical…
How to Efficiently Scale With Capital
The goal of most startup companies is to achieve growth and profitability. However, the process of achieving those goals can be different for every company. The key to long-term success for most startups is to scale with efficiency, but that is not always easy. I recently read an interview by Alan Olsen, CPA and…
How Will the New President Change Taxes for the Wealthy?
So which side are you on? Trump, Cruz, Clinton, Sanders, a write-in candidate, or are you still hoping for an optional third-party independent candidate? The fact is, when it comes to taxes, no matter which candidate you vote for, things will likely be changing for the nation’s wealthiest taxpayers in 2017. Whether or not…
Top Tips to Remember When You Can’t Pay Business Taxes
Business taxes can be a nightmare for a lot of companies; especially small businesses that are trying to stay afloat. Things can get even tougher when it comes time to file your return and you end up on the wrong side of the ledger. So what should you do if you end up owing more…