Taxpayers should be aware that the waiver of the required minimum distribution from retirement plans will not be effective in 2021, unless later re-enacted.
For more information, contact Kristen Woodall at 770-287-7800 or kwoodall@rushtonandcompany.com. Stay tuned for more tax tips or follow them on our social media accounts every #TaxTipTuesday!
Read more: https://www.irs.gov/retirement-plans/retirement-plans-faqs-regarding-required-minimum-distributions
Rushton Corporate Audit Partner Nick Bruner, left, and Tax Senior Noah Evans led a Greater Hall Chamber of Commerce Small Business Seminar on current Tax Trends on Feb. 8.