It is the end of the year again and you need to remember to take your required minimum distribution (RMD) from your IRA. See this article in USA Today by Susan Tompor:http://www.usatoday.com/story/money/personalfinance/2012/12/19/ira-minimum-distribution-irs-retirees/1779787/Most brokerages and investment advisors have a calculator that will automatically figure andtake your RMD by year end. Make sure you ask them about it before 2013. Remember, for financial, accounting and tax musings, You can count on us to count for you! email bstonercpa@sbcglobal.net phone 818-317-6035 Website www.briantstonercpa.com
CPA Tax Musings: Time Is Short for Cliff Deal, Lawmakers Say
This is the understatement of the year! See this article in Accounting Today by Jeff Kearns Bloomberg:http://www.accountingtoday.com/news/Time-Is-Short-for-Cliff-Deal-Lawmakers-Say-65157-1.html?ET=webcpa:e6481:204199a:&st=emailThere can always be a backdated deal on this, but why wasn’t something put together sooner?Remember, for financial, accounting and tax musings,You can count on us to count for you! email bstonercpa@sbcglobal.net phone 818-317-6035 Website www.briantstonercpa.com
CPA Tax Musings: Boehner’s ‘fiscal cliff’ plan fails
Well the republican plan B failed for lack of support. Now what? See this article by Lisa Mascaro, Michael A. Memoli and Christi Parsons in the Los Angeles Times tells what happened:http://www.latimes.com/news/nationworld/nation/la-na-fiscal-cliff-20121221,0,7954081.storyYou know what? Our leadership in Washington on both sides of the aisle stinks. Get your parachute ready; unless there really is a huge amount of stuff going on behind the scenes we don’t know about we may be going off a fiscal cliff!Remember, for financial, accounting and tax musings,You can count on us to count for you! email bstonercpa@sbcglobal.net phone 818-317-6035 Website www.briantstonercpa.com