by HintonBurdick | Aug 13, 2020 | Healthcare, Uncategorized
At some point in a doctor’s career, the career should come to a glorious end. I think the goal with any Healthcare professional is to be able to enjoy retirement and to still live a comfortable and rewarding lifestyle. Getting to that point where a doctor can step...
by HintonBurdick | Jul 1, 2020 | News
Generally, taxpayers must begin taking a required minimum distribution (RMD) from a defined-contribution retirement plan, including a 401(k) or 403(b) plan, or an IRA when they reach age 72 (70 1/2 if they reached 70 ½ before January 1, 2020). The RMD for any year is...
by HintonBurdick | Feb 3, 2020 | News
The Further Consolidated Appropriations Act, 2020, signed into law on December 20, 2019, extended a number of expired tax provisions for business and individuals through 2020. It also included several retirement plan changes and repealed three health care taxes....
by HintonBurdick | Dec 3, 2019 | News
Taxpayers born before July 1, 1949, generally must receive payments from their individual retirement arrangements (IRAs) and workplace retirement plans by December 31. Known as required minimum distributions (RMDs), typically these distributions must be made by the...
by HintonBurdick | Feb 28, 2019 | Professional Services, Tax
I can’t count the number of times in my career where I have had someone come into my office and tell me about a business that they started, it took off and now they want tax help. When they come in after year-end this really limits the options that they can...
