By Zinner & Co.
Tax Services Department
Pension Plan Limitations: What You Need to Know Heading into 2016
WASHINGTON — The Internal Revenue Service announced cost of living adjustments affecting dollar limitations for pension plans and other retirement-related items for tax year 2016. In general, the pension plan limitations will not change for 2016 because the increase in the cost-of-living index did not meet the statutory thresholds that trigger their adjustment. However, other limitations will change because the increase in the index did meet the statutory thresholds.
read more…Important Considerations for Non-Spouse Beneficiaries of Inherited IRAs
Posted by: Zinner & Co.
read more…Digging For Gold or Precious Metals in Your IRA?
Diversification is the cornerstone of a solid investment portfolio. Until the mid 1990’s, when stocks started producing extraordinary profits, most investment advisors recommended a balanced portfolio with a mixture of stocks, bonds, and precious metals. Stocks provided the opportunity for growth, bonds produced income and precious metals protected against inflation and financial chaos because gold and silver prices have typically enjoyed an inverse pricing relationship, when compared to stock prices over the long run.
read more…Inherited IRAs: Are These Assets Considered Retirement Funds?
Posted by: Barbara Theofilos, CPA
read more…Zinner CPA Talks IRA Issues In TV Interview
Zinner CPA Talks IRA Issues In TV Interview:
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4 Ways to Say I Love You After You Pass
ABLE Accounts Are Now Going To Be Allowed For Disabled Individuals
Posted by: Gary M. Sigman, CPA, MTax, AEP®
read more…Staying on Top of your Retirement Plan Document Schedule
The Supreme Court’s recent decision in the case Cigna v. Amara sent a very important message to all plan sponsors/employers regarding the importance of maintaining their retirement plan documents including the required summary plan descriptions and summary of material modifications (as applicable).
read more…Employers Need To Make Sure Their Plan Documents Are Up To Date.
The Supreme Court’s recent decision in the case Cigna v. Amara sent a very important message to all plan sponsors/employers regarding the importance of maintaining their retirement plan documents, including the required summary plan descriptions and summary of material modifications (as applicable).
read more…
Since 1938, Zinner has counseled individuals and businesses from start-up to succession. At Zinner, we strive to ensure we understand your business and recognize threats that could impact your financial situation.
One Big Beautiful Bill – New Individual Tax Provisions
On July 4, President Donald Trump signed the One Big Beautiful Bill Act (“OBBB”) into law after the Senate and House passed the bill on July 1 and July 3, respectfully. The OBBB includes numerous tax changes, including permanent and limited modification of many tax...
One Big Beautiful Bill – Business Tax Provisions
On July 4, President Donald Trump signed the One Big Beautiful Bill Act (“OBBB”) into law after the Senate and House passed the bill on July 1 and July 3, respectfully. The OBBB includes numerous tax changes, including permanent and limited modification of many tax...
One Big Beautiful Bill – Extended/Modified Individual Tax Provisions
On July 4, President Donald Trump signed the One Big Beautiful Bill Act (“OBBB”) into law after the Senate and House passed the bill on July 1 and July 3, respectfully. The OBBB includes numerous tax changes, including permanent and limited modification of many tax...
Ohio Sales Tax Holiday began on Aug. 1
Ohio’s annual sales tax holiday has arrived. This year’s weekend-long temporary tax break began on Aug. 1 at midnight and will end on Aug. 14 at 11:59 p.m. Initially introduced in 2019 to provide relief for families preparing for the back-to-school season, the sales...
Brown County Sale and Use Tax to Decrease
The sales and use tax rate for Brown County (08) will decrease from 7.25 percent to 7 percent, effective Oct. 1, 2025.Please visit the Ohio Department of Taxation’s website at tax.ohio.gov or contact your Zinner and Company Tax Team member with any questions...
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