The recent Harry Gross pension law article discusses the benefits and procedures to convert a 401(k) plan to a Roth IRA: DEAR HARRY: Before 2015 is over, I will hit the magic number of 70 1/2. This means that I have to start... Continue Reading
The IRS issued the following retirement plan required minimum distribution (RMD) newswire reminder on Thursday, March 19, 2015: Washington—The Internal Revenue Service today reminded taxpayers who turned 70 ½ during 2014... Continue Reading
The Internal Revenue Service announced that its cornerstone Taxpayer Bill Rights document is now available in six languages. The Taxpayer Bill of Rights takes the multiple existing rights embedded in the tax code and groups... Continue Reading
As part of his State of the Union speech tonight President Obama is proposing the following changes to the current tax system. Below is a quick summary of those changes and list of local representatives as well as their contact... Continue Reading
In the estate and gift tax law litigation case of Estate of Sanders v. Commissioner, T.C. Memo, 2014, No. 14489-12 (May 26, 2014), the Tax Court denied the Estate’s request for partial summary judgment and ruled that the... Continue Reading