Reid Kopald

Understanding the rules surrounding Inherited Individual Retirement Accounts (IRAs) can be a daunting task. These rules are complex and depend on several factors, including the type of IRA, the date of the original owner's death, and the beneficiary's relationship to the original owner. NOTE! In July 2024, the IRS fina...

Disclaimer This article is for informational purposes only and does not constitute legal or tax advice. Always consult with a tax professional for your specific circumstances. ...

Disclaimer This article is for informational purposes only and does not constitute legal or tax advice. Always consult with a tax professional for your specific circumstances. ...

In today's ever-changing global economy, the push towards retirement savings is more critical than ever. With the stock market's ups and downs, yet overall upward trajectory, savvy investors are looking to bolster their financial futures. It's essential, however, to approach this with caution — especially for expats dealing wi...

Taxes – the unavoidable rendezvous that each of us has with Uncle Sam every year. – pro CPA Among the many companions of our tax journey, one that often raises eyebrows (and blood pressure) is the notorious net investment income tax (NIIT). Introduced ...

The Alternative Minimum Tax (AMT) is a tax system that ensures wealthy individuals pay their fair share of taxes. This system operates alongside the regular income tax system and requires taxpayers to calculate their tax liability twice – once under the regular system and again under the AMT system. In t...