February 17, 2020Retirement Planning IRS PROPOSES CHANGES FOR IRA DISTRIBUTIONS (RMD) The IRS has issued proposed regulations changing the life expectancy tables and distribution period tables for computing the required minimum...
December 18, 2017Long-Term Care Insurance IRS Issues Long-Term Care Insurance Premium Deductibility Limits for 2018 The Internal Revenue Service (IRS) is increasing the amount taxpayers can deduct from their 2018 income as a result of...
August 30, 2016IRA IRS Now Allows IRA Distribution Deferrals : Required minimum distributions from retirement accounts such as IRAs and 401Ks have been problematic for many seniors who do not...
February 28, 2015Tax Law The IRS’s Offer in Compromise Program What is the Offer in Compromise program that is provided by the Internal Revenue Service (IRS)? The Internal Revenue Service's Offer...
September 1, 2009Bankruptcy Special Considerations for Seniors Facing Bankruptcy The recession of 2008-2009 has especially affected retirees whose fixed income investments no longer provide enough money to live. For...