2023-07-17 IRS Extends RMD Relief by One Year
This week we look at:
IRS extends SECURE Act inherited IRA RMD relief for one additional year, adds special rollover rule for those born in 1951 due to SECURE 2.0 Act changes
IRS grants relief to victims of Vermont flooding.
Failure to attach simple election leads to requesting (and paying for) 11 separate private letter rulings
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Slides and links to this week’s write-ups can be downloaded below: