Episode 72: IRS Targeting LLPs and LLCs
In this episode:
- Inherited IRAs - Different rules on distribution requirements.
- New IRS targets for LLCs and LLPs.
- Mortgage interest limitations on personal residence and secondary homes.
- New IRS scam arriving in the mail.
- IRS says they will no longer be conducting surprise on-site visits.
We are also joined in the studio by Keith Adams, owner and operator of Vivids Video Productions in Seaford, DE. He talks to us about following your passions, the importance of overcoming things that cause discomfort in order to enhance your business, and how video can be used to impact a business's bottom line.