A quarterly magazine from the National Association of Enrolled Agents
Winter 2025 vol.43 no.4
Health Savings Accounts Even Better Post-One Big Beautiful Bill Act
Feature Article

Health Savings Accounts Even Better Post-One Big Beautiful Bill Act

Congress created one of the best tax savings vehicles in 2003. It was not the individual retirement account (IRA). It was not the Roth IRA. It was the health savings account (HSA). The HSA is the only tax-preferred savings... Thomas A. Gorczynski, EA, USTCP

Winter 2025, Feature Article, IRA, health savings account, ROTH IRA, Medicare, HSA, HDHP, High-deductible health plan, individual retirement account, One Big Beautiful Bill Act, OBBBA, Consolidated Omnibus Budget Reconciliation Act, COBRA, §71306, §71307, §71308, direct primary care service arrangement, DPCSA
Key Considerations for Enrolled Agents in the Upcoming Tax Season
Preparation

Key Considerations for Enrolled Agents in the Upcoming Tax Season

The Tax Cuts and Jobs Act (TCJA) of 2017 brought substantial changes to individual income taxes, but many of these provisions are scheduled to expire at the end of 2025. As tax practitioner... Stephen Molchan, EA

Winter 2023, Preparation, TCJA, Tax Cuts and Jobs Act, s corporation, c corporation, §199A, partnership, ROTH IRA, LLC, adjusted gross income, AGI, required minimum distribution, RMD, capital gains, SECURE Act 2.0, Alternative minimum tax, limited liability company, sole proprietor
CARES Act and Retirement Plan Distributions
Feature Article

CARES Act and Retirement Plan Distributions

As with so many things in 2020, the tax laws changed in regard to distributions from various types of retirement plans. Just as we were getting comfortable with the changes made at the end of 2019 under the Setting Every Community Up for Retirement Enhancement (SECUR... Kathryn M. Morgan, EA, USTCP

Jan/Feb 2021, Feature Article, COVID-19, CARES Act, retirement, SECURE Act, Recontribution, Form 8915-E, ROTH IRA