IRA Deadlines Approaching

IRA Deadlines Approaching

September 30th: Deadline to determine the designated beneficiaries for an inherited IRA. October 1st: Deadline to establish a Simple IRA Plan. October 15th: Deadline to remove excess or unwanted IRA contributions for the 2017 tax year (tax return due date including...
Weekly Tax Tip March 6, 2018

Weekly Tax Tip March 6, 2018

A client had a question the other day about taking an RMD from an inherited IRA. It was an interesting question that perhaps some of you have encountered but weren’t sure how to answer…the client wanted to know whether to take an RMD, or not take an RMD for the year...