SECURE Act Archives | EA Journal

Tax News Briefs

Important Tax News You Can Use

Penalty Relief for 2019 and 2020 Tax Returns The Internal Revenue Service (IRS) is providing relief for taxpayers from certain failure-to-file penalties with respect to tax returns for the ... TheTaxBook

Nov/Dec 2022, Tax News Briefs, foreign, penalty, relief, COVID-19, PPP, SECURE Act, Form 1040, §6651(a)(1), Form 5471, Form 3520, Form 3520-A, RMD, Form 1040-NR, Form 1040-SS, Form 1040-PR, Form 1040-SR, Form 1040-C, Form 1041, Form 1041-N, Form 1040-QFT, Form 1120, Form 1120-C, Form 1120-F, Form 1066, Foem 990-PF, Form 990-T, international information returns, IIR, Form 5472, §6698(a)(2), §6698(a)(1), §6699(a)(2), §6699(a)(1), §6721(a)(2)(A), Setting Every Community Up for Retirement Enhancement Act, livestock, drought, Notice 2006-82, Notice 2022-43

SECURE Act Offers New Retirement Opportunities for Part-Time Workers

Payroll Corner

SECURE Act Offers New Retirement Opportunities for Part-Time Workers

If your client sponsors or works with a 401(k) plan that currently excludes part-time employees from participating or accruing vesting service, read this article closely. The Setting Every Community Up for Retirement Enhancement (SECURE)... John R. Kirk, JD, and Alex S. Mattingly, JD

Mar/Apr 2021, Payroll Corner, employee, worker, retirement, SECURE Act, part-time, 401(k)

Excluding Medicare Waiver Payments from Income

Feature Article

Excluding Medicare Waiver Payments from Income

The Internal Revenue Service (IRS) has provided guidance on the tax treatment of certain payments to individual care providers for the care of eligible individuals under a state Medicaid waiver program in IRS Notice 2014-7.i The prog... Laurie W. Ziegler, EA

Mar/Apr 2021, Feature Article, Form W-2, Schedule C, Social Security, SECURE Act, Medicare, Medicaid, waiver, Form 1099, Notice 2014-7, HCBS, home and community-based services, earned income tax credit, EITC, caregiver, Notice CP 2000, Form 1099-MISC, Wisconsin, §131, §1915(c)

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