Federal Tax Updates

Breaking Down the SECURE Act 2.0

Listen Later

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.

Sponsors
Padgett -  Contact Padgett or Email Jeff Phillips


Get NASBA Approved CPE or IRS Approved CE
Launch the course on EarmarkCPE to get free CPE/CE for listening to this episode.

Links mentioned in this episode

Chapters

  • (00:00) - Federal Tax Updates E5
  • (00:44) - SECURE Act 2.0
  • (06:50) - Omnibus Package
  • (10:17) - How can the SECURE Act help small business owners?
  • (15:35) - In 2025 what changes could we see to retirement plans?
  • (18:02) - Different ways to get around the 10% penatly with retirement money
  • (23:42) - What is attractive about a starter 401k plan?
  • (25:37) - How the Secure Act is tying in Student loan forgiveness
  • (27:33) - What does the Secure act say about RMDs?
  • (32:14) - What can you do with money that is left in a 525 Plan?
  • (39:53) - What is happening to the IRS with the ERC
  • (46:00) - Potential P10 Refund
  • (46:47) - News on information returns
  • (51:13) - CPE Tax Forums
    •  
    Follow the Federal Tax Updates Podcast on Social Media
    twitter.com/FedTaxPod
    facebook.com/FedTaxPod
    linkedin.com/showcase/fedtaxpod

    Connect with the Hosts on LinkedIn
    Roger Harris
    Annie Schwab

    Connect with Padgett
    www.padgettadvisors.com
    twitter.com/PadgettUSA
    linkedin.com/company/padgett-business-services/

    Review
    Leave a review on Apple Podcasts or Podchaser

    Subscribe
    Subscribe to the Federal Tax Updates podcast in your favorite podcast app!

    This podcast is a production of the Earmark Media

    The full transcript for this episode is available by clicking on the Transcript tab at the top of this page

    All content from this podcast by SmallBizPros, Inc. DBA PADGETT BUSINESS SERVICES is intended for informational purposes only.

    ...more
    View all episodesView all episodes
    Download on the App Store
    Federal Tax UpdatesBy Roger Harris, EA and Annie Schwab, CPA
    • 4.9
    • 4.9
    • 4.9
    • 4.9
    • 4.9

    4.9

    32 ratings

    More shows like Federal Tax Updates

    View all
    WSJ Your Money Briefing by The Wall Street Journal

    WSJ Your Money Briefing

    1,724 Listeners

    Main Street Business by Mark J Kohler and Mat Sorensen

    Main Street Business

    583 Listeners

    PwC's accounting podcast by PwC

    PwC's accounting podcast

    179 Listeners

    Your Money, Your Wealth by Joe Anderson, CFP® & Alan Clopine, CPA of Pure Financial Advisors

    Your Money, Your Wealth

    808 Listeners

    Tax Smart Real Estate Investors Podcast by Hall CPA

    Tax Smart Real Estate Investors Podcast

    426 Listeners

    Talking Tax by Bloomberg Tax

    Talking Tax

    110 Listeners

    NerdWallet's Smart Money Podcast by NerdWallet Personal Finance

    NerdWallet's Smart Money Podcast

    868 Listeners

    Tax Notes Talk by Tax Notes

    Tax Notes Talk

    88 Listeners

    The Accounting Podcast by Blake Oliver & David Leary

    The Accounting Podcast

    337 Listeners

    Small Business Tax Savings Podcast by Mike Jesowshek, CPA

    Small Business Tax Savings Podcast

    251 Listeners

    The Long View by Morningstar

    The Long View

    907 Listeners

    Ready For Retirement by James Conole, CFP®

    Ready For Retirement

    810 Listeners

    The Long Term Investor by Peter Lazaroff

    The Long Term Investor

    148 Listeners

    On Investing by Charles Schwab

    On Investing

    310 Listeners

    Tax in Action: Practical Strategies for Tax Pros by Jeremy Wells, EA, CPA

    Tax in Action: Practical Strategies for Tax Pros

    12 Listeners