by Steven J Weil, PhD, EA, LCAM | Aug 21, 2019 | First Time Home Buyer IRA
Would your business be safe from the reclassification of independent contractors to employees if the IRS or Department of Labor (DOL) decided to audit your use and classification of independent contractors? As the cost of having employees has increased over the years,...
by Steven J Weil, PhD, EA, LCAM | Aug 16, 2019 | First Time Home Buyer IRA
First time home buyers can take up to $10,000 from an IRA without being subject to the 10% early withdrawal penalty. Beware that this exemption to the early withdrawal applies only to IRAs and not to 401(k)s or other retirement plans. This was recently...
by Steven J Weil, PhD, EA, LCAM | Aug 9, 2019 | First Time Home Buyer IRA
By: Steven J Weil, PhD, EA, President RMS Accounting Did you know that the IRS can have your U.S. passport revoked if you have delinquent tax debt of $52,000 or more? The Fixing America’s Surface Transportation Act (FAST -P.L. 114-94), enacted on 12/4/2015, gave...
by Steven J Weil, PhD, EA, LCAM | Aug 7, 2019 | First Time Home Buyer IRA
By: Steven J Weil, PhD, EA, President RMS Accounting School Won’t Teach Your Children About Money. That’s your job as a parent, and if you fail at it, or just avoid it, your children will lack the skills to be successful adults. Worse yet, they might just end up...