Monthly Archives: July 2023

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Commissioner: We are progressing toward a user-friendly IRS

Category:Uncategorized

IRS Commissioner Danny Werfel said the Service’s transformation is in full swing, thanks to new infusion of cash that he says needs to keep coming.
Source: Tax News
Read More here – Commissioner: We are progressing toward a user-friendly IRS


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Commissioner: We are progressing toward a user-friendly IRS

Category:Uncategorized

IRS Commissioner Danny Werfel said the Service’s transformation is in full swing, thanks to new infusion of cash that he says needs to keep coming.
Source: JOA News
Read More here – Commissioner: We are progressing toward a user-friendly IRS


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5 years before and 5 years after retirement: 5 steps to take

Category:Uncategorized

Three accomplished personal financial planners explain how to enrich clients’ lives in the final years of employment and the first years of retirement and beyond.
Source: JOA News
Read More here – 5 years before and 5 years after retirement: 5 steps to take


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How the IRS can avoid tax deadline confusion in disaster areas

Category:Uncategorized

The national taxpayer advocate recommended changes that range from one simple one the IRS can handle on its own to congressional action.
Source: Tax News
Read More here – How the IRS can avoid tax deadline confusion in disaster areas


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How the IRS can avoid tax deadline confusion in disaster areas

Category:Uncategorized

The national taxpayer advocate recommended changes that range from one simple one the IRS can handle on its own to congressional action.
Source: JOA News
Read More here – How the IRS can avoid tax deadline confusion in disaster areas


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SEC approves new rules for money-market funds

Category:Uncategorized

The SEC adopted amendments to certain rules that govern money market funds under the Investment Company Act of 1940, which are designed to improve the resilience and transparency of money market funds.
Source: JOA News
Read More here – SEC approves new rules for money-market funds


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Prop. regs. clarify tax treatment of certain health insurance payments

Category:Uncategorized

New proposed regulations clarify that accident or health insurance payments are not excludable from an employee’s income where the payments are made without regard to amount of medical expenses incurred by the employee under Sec. 213(d) and the premiums or contributions for coverage are paid on a pre-tax basis.
Source: Tax News
Read More here – Prop. regs. clarify tax treatment of certain health insurance payments


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Prop. regs. clarify tax treatment of certain health insurance payments

Category:Uncategorized

New proposed regulations clarify that accident or health insurance payments are not excludable from an employee’s income where the payments are made without regard to amount of medical expenses incurred by the employee under Sec. 213(d) and the premiums or contributions for coverage are paid on a pre-tax basis.
Source: JOA News
Read More here – Prop. regs. clarify tax treatment of certain health insurance payments


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Financial planning aspects of 401(k) rollovers

Category:Uncategorized

A variety of planning considerations affect the decision whether to leave funds in an old employer retirement plan, roll them to a new employer plan, or roll them to an IRA.
Source: JOA News
Read More here – Financial planning aspects of 401(k) rollovers


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4 AICPA & CIMA leaders discuss global sustainability standards

Category:Uncategorized

Leaders with their finger on the pulse of sustainability reporting see an opportunity for accountants to create value. They also see that challenges such as interoperability and capacity building will need to be addressed.
Source: JOA News
Read More here – 4 AICPA & CIMA leaders discuss global sustainability standards