Tax Changes 2019 – IRAs and Retirement Plan Issues

Part of the “Further Consolidated Appropriations Act, 2020” includes various tax changes.  We previously sent an email regarding the Extenders portion of this new law.  Today’s email is on another part titled the Setting Every Community Up for Retirement Enhancement Act of 2019 (SECURE Act…

Fewer Taxpayers Without Insurance Need Marketplace Approval to Avoid Penalty

The October 24, 2018, draft of the 2018 Form 8965 shows a change in the penalty exceptions for not having insurance. Many exceptions to the penalty require an approval number from the Marketplace.  There are various codes A-G that do not require Marketplace approval.  In…