News & Insights: avery neumark
Tax Alert: IRS Issues 2021 Cost-of-Living Adjustments
By Avery E. Neumark | December 21, 2020
Did you know that the IRS has adjusted the cost-of-living thresholds for 2021?
An Overview of Self-Directed IRAs, or Conversations I Have With Investors
By Avery E. Neumark | August 26, 2020
There has been a marked increase among informed investors in placing alternative investment assets into their holdings via a self-directed IRA (SDI). These retirement investment vehicles usually hold a broader range of investment options and, as such, are good for diversification purposes.
Alert: How the SECURE Act of 2019 Will Impact Individuals and Businesses
By Avery E. Neumark | February 10, 2020
The Setting Every Community Up for Retirement Enhancement Act (SECURE Act) was signed into law by President Trump on December 20, 2019. Affecting individual taxpayers, employers and plan administrators, it is considered to be the most significant retirement reform legislation signed into law in the past decade.
Tax Alert: IRS Issues 2020 Cost-of-Living Adjustments
By Avery E. Neumark | January 9, 2020
Did you know that the IRS has adjusted the cost-of-living thresholds for 2020?
RMDs & QCDs – A Perfect Match
By Avery E. Neumark | December 5, 2019
Tax Partner Avery Neumark examines how taxpayers age 70 ½ and older can take advantage of the Qualified Charitable Distribution as a tax savings opportunity.
Tax Alert: IRS Issues 2019 Cost-of-Living Adjustments
By Avery E. Neumark | February 19, 2019
The 2019 cost-of-living adjustment amounts trend higher than 2018 amounts, but only slightly.
Tax Alert: IRS Issues 2018 Cost-of-Living Adjustments
By Avery E. Neumark | March 2, 2018
The 2018 cost-of-living adjustment amounts trend higher than 2017 amounts, but only slightly. Read more.
Tax Alert: IRS issues 2017 cost-of-living adjustments
By Avery E. Neumark | March 13, 2017
Did you know that the IRS has adjusted cost of living thresholds? The 2017 cost-of-living adjustment amounts trend higher than 2016 amounts, but only slightly. How might these amounts affect your year-end tax planning or retirement planning?
Tax Alert: DOL's Overtime Rule Blocked by US District Court
By Avery E. Neumark | November 29, 2016
On November 22 - just before the US Department of Labor’s (DOL’s) new overtime rule was scheduled to go into effect on December 1, 2016 - a federal judge issued an injunction and temporarily blocked it. The rule was set to make dramatic changes to the rules determining overtime for certain executive, administrative and professional employees under the Fair Labor Standards Act (FLSA).
The final rule, issued last May, would have doubled (to $47,500) the maximum salary an executive, administrative or professional worker could earn and remain eligible for mandatory overtime pay, making it more difficult for employers to classify employees as exempt from overtime requirements.