IRS extends relief for inherited IRAs

IRS extends relief for inherited IRAs

For the third consecutive year, the IRS has published guidance that offers some relief to taxpayers covered by the “10-year rule” for required minimum distributions (RMDs) from inherited IRAs or other defined contribution plans. But the IRS also indicated in...
Need More Time? Filing a Tax Extension is a Smart Move

Need More Time? Filing a Tax Extension is a Smart Move

Filing a tax extension can sometimes be necessary. It’s better to take the time to get it right than to rush and make errors. So, let’s look at what you need to know about filing a tax extension…and a very common misconception. The role you play in the process Your...
IRS issues guidance on tax treatment of energy efficiency rebates

IRS issues guidance on tax treatment of energy efficiency rebates

The Inflation Reduction Act (IRA) established and expanded numerous incentives to encourage taxpayers to increase their use of renewable energy and adoption of a range of energy efficient improvements. In particular, the law includes funding for nearly $9 billion...
Sena Wheeler, Founder of Sena Sea

Sena Wheeler, Founder of Sena Sea

Episode Transcription Glenn Harper [00:00:00]: Hello, everybody. Welcome to another edition of the Empowering Entrepreneurs podcast. I’m Glenn Harper. Julie Smith [00:00:04]: Julie Smith. Glenn Harper [00:00:05]: No coffee today. Julie Smith [00:00:07]: I know....