Episode 57: How will the Secure Act 2.0 Impact You?
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Description
In this episode we discuss: Worker Classification:  The IRS is still taking a hard look at the distinction between an employee and a contractor.  Make sure you've identified your workers correctly. Passive Loss Rules:  Know the rules of what you can claim from passive activities.  1099K new filing rule, which was going to require the issuing limit to drop to $600 or more, has been suspended. Omnibus Bill has been passed by Congress and is waiting the President's signature.  Here details of how the Secure Act 2.0 will impact your tax situation.  Automatic enrollment in employee retirement plans. New catch-up rules for retirement savings. Matching Student Loan payments.  We also hear the story of "Dr." Malachi Love-Robinson.  A 17 year-old who posed as a doctor and defrauded patients out of their money. 
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