IRS Announces New Waiver Procedure for Taxpayers Who Inadvertently Miss the 60-Day Rollover Deadline

By |2017-05-09T22:13:59-04:00September 29th, 2016|Categories: Personal Planning, Uncategorized|Tags: , , , , |

Background--direct and indirect (60-day) rollovers If you're eligible to receive a taxable distribution from an employer-sponsored retirement plan (like a 401(k)) you can avoid current taxation by directly rolling the distribution over to another employer plan [...]

Revised One-Rollover-Per-Year Limit Applies in 2015

By |2017-05-09T22:13:21-04:00December 17th, 2014|Categories: Personal Planning, Uncategorized|Tags: , , , , |

Background The Internal Revenue Code says that if you receive a distribution from an IRA, you can't make a tax-free (60-day) rollover into another IRA if you've already completed a tax-free rollover within the previous one-year [...]

Comments Off on Revised One-Rollover-Per-Year Limit Applies in 2015

7 Audit Areas for Small Businesses

By |2012-11-07T17:55:19-05:00November 7th, 2012|Categories: Business Wise, Uncategorized|Tags: , , , , , , , , , |

reposted with permission from To read the original blog please click here. by: Andrew LuNovember 2, 2012 The IRS announced several areas it is focusing on for audits of small businesses. The announcement comes as [...]

Go to Top