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. 

More tax from online sales

From Bloomberg: The IRS is coming for your Venmo income.   The IRS is reported to have imposed a new requirement for Form 1099-K, on which a...