Current Federal Tax Developments

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2024-07-22 IRA Finalizes RMD Regulations

This week we look at:

  • Taxpayer can’t simply rely on tax software when preparing their return, even if they aren’t being nominated for Secretary of Treasury

  • IRS finalizes SECURE Act/SECURE 2.0 Act required minimum distributions regulations

  • IRS proposed regulations address the problem of determining the applicable age for those born in 1959

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2024-07-22 IRA Finalizes RMD Regulations Edward K. Zollars, CPA (Kaplan Financial Education)

A PDF with the citations for this week’s podcast can be downloaded below:

2024-07-22 Current Federal Tax Developments