Roger and Annie discuss the changes in the SECURE 2.0 Act of 2022 and how this impacts small business owners with regards to offering retirement plans to their employees. They also talk about recent changes in IRS regulations that could prove beneficial to taxpayers dealing with ERC.Get NASBA Approved CPE or IRS Approved CELaunch the course on EarmarkCPE to get free CPE/CE for listening to this episode.Links mentioned in this episodeChapters
(00:00) - Federal Tax Updates E5
(01:57) - SECURE Act 2.0
(08:03) - Omnibus Package
(11:30) - How can the SECURE Act help small business owners?
(16:48) - In 2025 what changes could we see to retirement plans?
(19:15) - Different ways to get around the 10% penatly with retirement money
(24:08) - What is attractive about a starter 401k plan?
(26:03) - How the Secure Act is tying in Student loan forgiveness
(27:59) - What does the Secure act say about RMDs?
(32:40) - What can you do with money that is left in a 525 Plan?
(40:19) - What is happening to the IRS with the ERC
(46:26) - Potential P10 Refund
(47:13) - News on information returns
(51:39) - CPE Tax Forums
Follow the Federal Tax Updates Podcast on Social Mediatwitter.com/FedTaxPodfacebook.com/FedTaxPodlinkedin.com/showcase/fedtaxpodConnect with the Hosts on LinkedInRoger HarrisAnnie SchwabReviewLeave a review on Apple Podcasts or PodchaserSubscribeSubscribe to the Federal Tax Updates podcast in your favorite podcast app!This podcast is a production of the Earmark MediaFull transcript available upon request