Tax Forms

TAS Tax Tip: Don’t Forget to Take Minimum Withdrawals From Your Retirement Accounts Before December 31

TAS Tax Tip: Don’t Forget to Take Minimum Withdrawals From Your Retirement Accounts Before December 31

Required Minimum Distribution Taxpayers generally have to start taking withdrawals from their Individual Retirement Account (IRA), Simplified Employee Pension (SEP) IRA, Savings Incentive Match Plan for Employees (SIMPLE) IRA, or retirement plan account when reaching age 72 (73 if you reach age 72 after Dec. 31, 2022). These withdrawals, called required minimum distributions (RMDs), are the minimum

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Music Attorney Donald Passman on AI, Streaming’s Future, Catalog Sales and the State of the Industry

Music Attorney Donald Passman on AI, Streaming’s Future, Catalog Sales and the State of the Industry

If there is a bible for the music industry, it’s Donald Passman’s book, “All You Need to Know About the Music Business.” Since the first edition came out more than 30 years ago, it has guided countless musicians and executives, and has prevented many of them from making decisions they’d later regret. Considering the deep

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McCarthy gives Bost a boost

McCarthy gives Bost a boost

Good Tuesday morning, Illinois. Time is ticking if you’re on a holiday schedule. Former House Speaker Kevin McCarthy, speaking to reporters last month, is backing Congressman Mike Bost in 2024. | Jose Luis Magana/AP CALL IT A HOLIDAY CHEER: Congressman Kevin McCarthy, the former House speaker, headlined the annual holiday party hosted by businessman and

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Council to consider permitting twice as many cannabis businesses in Richmond

Council to consider permitting twice as many cannabis businesses in Richmond

Richmond wants to add cannabis retail permits, doubling the number of permitted dispensaries from three to six. On Tuesday, the City Council will hold a public hearing on making the change possible, by amending the Richmond Municipal Code. The city staff says existing retailers are making significant revenue, even in the face of increased competition.

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Pillen decries increases in Nebraska school property taxes despite more state aid

Pillen decries increases in Nebraska school property taxes despite more state aid

LINCOLN — Nebraska’s public schools increased property taxes by a total of $85.7 million this year despite a $311 million infusion of additional state support and new school revenue caps. Statewide, that amounts to a 3.34% net increase in school property taxes, prompting Gov. Jim Pillen on Monday to call the result “unacceptable” and to say

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Wall Street’s tax reckoning

Dem Senate candidate Harper’s corporate work included credit bureau reviled by left

HARPER’S CORPORATE WORK INCLUDED EXPERIAN: The actor Hill Harper, who is running in the Michigan Democratic Senate primary as a progressive focused on “economic security” for ordinary people, once did endorsement work for the credit bureau Experian, which has been heavily criticized by consumer advocates and top progressives, Daniel reports. — In 2019, Experian launched

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