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  • Spoke to my client again. He refi'd back in February or so. I'm surprised that a transcript was pulled in July, but maybe some post-closing audit? He's going to check with his lender, but at this point I don't intend to get a POA and burn a bunch...

  • Yes, but revocable trust becomes irrevocable when granter dies. ------------------------------ Al Haab CPA, EA Sarasota FL (941) 922-3443

  • I don't think so, Peggy. If the decedent did not take the RMD prior to death, it can't be backed into his/her final 1040. It must be taken by the estate, or if already distributed, the beneficiaries. My preference is to take it in the estate &...

Main Street Practitioner

In this issue of Main Street Practitioner:

  • You Can’t Be Everything to Everyone
  • Domestic Production Activities Deduction - Planning and Practicality
  • 24 Tips for Passing the Enrolled Agent Exam the First Time – Part 1
  • 24 Tips for Passing the Enrolled Agent Exam the First Time - Part 2
  • Changes in Financial Reporting: The Simplification Initiative
  • How to Grow Your Firm the Easy Way
  • Despite a Messy Season, Professionals Close the Office on Time
  • May-June President's Message
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