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The Hobbs, Here Are Your Articles for Wednesday, September 07, 2022
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Opinion: Why does the IRS need $80 billion? Just look at its cafeteria.

It’s part of what the IRS calls the “Pipeline”: a 1970s-era assembly line used to process tax returns at several locations around the country. Click the photo to read more.

Hobbs Group Advisors Hosting Live Webinar: Simplifying Medicare

Join guest speaker, Chris Johnson of Lourie Life & Health, and Peter Pigeon, COO of Hobbs Group Advisors on Wednesday, September 14th at 12:00PM EST for 'Simplifying Medicare' online webinar.

IRS Changes Guidelines for Inherited IRAs, Causing Confusion and Pushback

Figuring out the most efficient way to navigate the tax impact of inheriting individual retirement accounts has become more complicated since the Internal Revenue Service issued proposed new rules in February.

How to buy vacation rental property

While leveraging a second home to make extra cash may seem like a financial no-brainer, market fluctuations, tax rules, local law changes, and unexpected costs can produce disappointment or worse, impeding the client's financial plan. This article discusses some of the issues that arise for owners of vacation rentals.

Biden proposes higher corporate tax rate, 20% billionaire minimum tax

President Joe Biden's administration released its $6 trillion budget Monday for the federal government's 2023 fiscal year, which begins October 2022. 

Do You Need to Sign Up for Medicare at 65 if You’re Still Working?

For the past four decades, age 65 marked the time when you would leave your job, start your pension, file for Social Security, and enroll in Medicare. Not anymore.

How to Build a Retirement Health Care Budget

The most accurate and reliable way to determine your spending needs in retirement is to sit down and make up a budget projecting costs in the areas of housing, utilities, food, transportation, leisure activities and so on.

10 Common Medicare Questions Answered

Medicare is more complicated than most people think. Here are ten of the most common questions that come up on Medicare. With the baby boom generation entering retirement, many pre-retirees have questions about Medicare.

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The Hobbs Group, P.A.
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Our firm provides the information in this e-newsletter for general guidance only, and does not constitute the provision of legal advice, tax advice, accounting services, investment advice, or professional consulting of any kind. The information provided herein should not be used as a substitute for consultation with professional tax, accounting, legal, or other competent advisers. Before making any decision or taking any action, you should consult a professional adviser who has been provided with all pertinent facts relevant to your particular situation. Tax articles in this e-newsletter are not intended to be used, and cannot be used by any taxpayer, for the purpose of avoiding accuracy-related penalties that may be imposed on the taxpayer. The information is provided "as is," with no assurance or guarantee of completeness, accuracy, or timeliness of the information, and without warranty of any kind, express or implied, including but not limited to warranties of performance, merchantability, and fitness for a particular purpose.
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