by Steven J Weil, PhD, EA, LCAM | Sep 20, 2021 | Blog, Investments, Personal Tax, Wealth
A whole new world has opened to me and I don’t like it one bit. As I recently turned 65, the nature of my mail, Facebook feed and email have changed. I have suddenly become the target of every financial planner, investment product, tax savings event, webinar and free...
by Steven J Weil, PhD, EA, LCAM | Feb 23, 2021 | Blog, Business Tax, Investments, Personal Tax
𝐓𝐡𝐞 𝐈𝐑𝐒 𝐡𝐚𝐬 𝐦𝐨𝐯𝐞𝐝 𝐭𝐡𝐞 𝐯𝐢𝐫𝐭𝐮𝐚𝐥 𝐜𝐮𝐫𝐫𝐞𝐧𝐜𝐲 𝐪𝐮𝐞𝐬𝐭𝐢𝐨𝐧 from Schedule 1 of the 2019 Form 1040 to the first page of the 2020 Form 1040 and Form 1040-SR. The question asks, “At any time during 2020, did you receive, sell, send, exchange, or otherwise acquire any financial...
by Steven J Weil, PhD, EA, LCAM | Apr 15, 2020 | Blog, Covid-19, Investments
10% Early Distribution Penalty Suspended on Coronavirus-related IRAs & Qualified Plan Distributions The CARES Act provides that the 10% additional tax on distributions to those under 59.5, does not apply to coronavirus-related distributions, up to $100,000. A...
by Steven J Weil, PhD, EA, LCAM | Mar 16, 2017 | Accounting, Investments, Wealth
By Steven J. Weil, Ph.D., EA, President, RMS Accounting Losing someone close is always a sad, somewhat frightening, and quite confusing experience. For the person who must also deal with the financial and legal implications, it carries some heavy responsibilities as...
