by Fishman, Block + Diamond, LLP | Jan 9, 2023 | Client Memo, Tax
This tax bulletin provides you with tax information for 2023 and reminders about Forms W-4, W-5, and I-9. We have included a separate bulletin with information for your employees. Please post the employee bulletin in an area where your employees can easily see it....
by Fishman, Block + Diamond, LLP | Dec 12, 2022 | Client Memo
On October 12, 2022, the IRS released Notice 2022-53, which provides welcomed relief for taxpayers who have inherited an individual retirement account (an “IRA”) in recent years. Background Historically, beneficiaries of an inherited IRA were required to...
by Fishman, Block + Diamond, LLP | Nov 21, 2022 | Security
Fishman, Block + Diamond, LLP (“FBD”) has made a strong and proactive commitment to information security in order to protect the sensitive information of our company, and that of our clients. This document explains the specific actions that we have implemented, and we...
by Fishman, Block + Diamond, LLP | Nov 4, 2022 | Client Memo
A Section 1031 exchange (also known as a like-kind exchange) allows commercial or investment real estate owners to avoid capital gains tax when selling the property by swapping qualifying properties. This article notes that recent legislation has cracked down on Sec....
by Fishman, Block + Diamond, LLP | Nov 4, 2022 | Client Memo
Even though the overall IRS audit rate is currently low historically, it’s expected to increase as a result of provisions in the Inflation Reduction Act signed into law in August. So it’s more important than ever for taxpayers to follow the rules to minimize their...
