If you have children under 17, pay attention when filing your taxes next year. Starting this year, you can get up to $3,000 per dependent
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What is Beneficial Ownership Information Reporting?
I wanted to inform you about a new federal regulation that could impact you if you are a business owner. All companies, regardless of when they were formed, are now required to file beneficial ownership information with the Financial Crimes Enforcement Network (FinCen). FinCen is a bureau of the U.S. Department of the Treasury.
New RMD Rules for Inherited IRAs: What You Need to Know Before 2025
The recently finalized rules for required minimum distributions (RMDs) and inherited IRAs, effective January 1, 2025, introduce significant changes for beneficiaries. Under the SECURE Act of 2019, the stretch IRA…