Timely Topics2021-01-12T14:42:48-06:00

e-News for Tax Professionals from the IRS

Taxpayers who reached the age 70 and a half during 2017 must, in most cases, start receiving required minimum distributions (RMDs) from  Individual Retirement Accounts (IRAs) and workplace retirement plans by Sunday, April 1, 2018.  The April 1 deadline applies to all employer-sponsored retirement plans, including profit-sharing plans, 401(k) plans, 403(b) plans, 457(b) plans and [...]

By |March 20th, 2018|

Do you need to adjust your withholding for recent tax law changes?

The IRS has a new tool to help taxpayers calculate the proper federal withholding; read further for information from the IRS about this new tool... Updated Withholding Calculator, Form W-4 Released; Calculator Helps Taxpayers Review Withholding Following New Tax Law WASHINGTON –The Internal Revenue Service today released an updated Withholding Calculator on IRS.gov and a [...]

By |February 28th, 2018|

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