The dynamic duo are back together to discuss the IRS's latest "change" to tax rules. This isn't a new topic but the IRS has recently "finalized" the rules originally proposed years ago around inherited IRAs. Ben and Steven provide insight for how to think about inherited IRAs, the the 10 year rule, the value of long term planning and the requirements around required minimum distributions

https://zurl.co/kt94

In this episode Ben is generous enough to share a personal tax experience to help all our listeners better understand a confusing topic: real estate. Listen in as Ben and Steven talk through the details of Ben's real estate journey including the taxes along with other pieces people don't always think about when they are trying to decide if an investment was in fact "a good deal". Most people just look at "how much did I pay for it and how much can I sell it for" but that leaves out the cost of ownership each year and the potential tax liability. With taxes there is almost always more to the puzzle.

https://zurl.co/CzBc

In this episode Ben and Steven share stories about everyone's favorite Office couple "Jim and Pam" and some of the tax situations they can find themselves in. More specifically they talk about what you can do when you have a CPA who is unwilling or unable to help you. They both share examples of how this situation can come about and what you can do if you are "lucky" enough to end up on the receiving end of confusing communications from the IRS. As always Steven and Ben give you actionable advice that can help you the next time you are feeling tax puzzled.

https://zurl.co/fZUl