The IRS publishes final regs for inherited IRAs
The final regulations affect taxpayers subject to the “10-year rule” for required minimum distributions from inherited IRAs or defined contribution plans, such as 401(k) plans.
Independent contractor vs. employee classification
Based on the U.S. Dept. of Labor’s new final rule, have you properly classified your workers?
An IRS rule postponement affects Form 1099-K reporting requirements for 2023 and 2024
The IRS announced another delay in implementing the $600 Form 1099-K reporting threshold for third-party settlement organizations.
Beware of the wash sale rule
If you trigger this rule when you sell an investment at a loss, you won't be able to claim the capital loss now.