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The CalSavers retirement savings program was first signed into law in 2016 for private sector workers whose employers do not already offer a retirement plan. Employers who already offer a retirement plan are exempt from this requirement. Continue Reading CalSavers Deadline is Approaching for California Employers
The SECURE Act nixed the “stretch IRA” and replaced it with a new 10-year rule on inherited IRAs. However, subsequent IRS guidance has created confusion about when certain beneficiaries must begin taking distributions. Continue Reading Proposed Regs for Inherited IRAs Bring Unwelcome Surprises
If your business has independent contractors or makes other payments to customers or others, you probably file 1099 forms with the IRS. The tax agency is currently sending out notices about these forms to some taxpayers. Continue Reading Businesses May Receive Notices About Information Returns That Don’t Match IRS Records
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