Sunday, March 27, 2022

IRAs from a different perspective

It is not always necessary to accept the oddball ways that Congress and the IRS do things. At our 906LawTech page, we provide an alternative IRA distribution schedule and projection that gets rid of the "divisors" and simply uses percentages for each year's required minimum distribution. 

Wednesday, March 2, 2022

Michigan - state tax changes

At Bridge Michigan, a description of the proposed changes to state tax laws in the bill now passed by the House. These are still subject to negotiation and compromise. 

Effect of the OBBB

The per-person exemption equivalent for estate and gift taxes has been increased to $15 million, and will continue to be indexed. That is an...