New for 2017! In this book, Keir Educational Resources has collected the most important information for those who practice financial planning. New rules from the IRS, Social Security Administration, and other agencies are presented here to make it easy for you to stay abreast of the changes. With the Reference Guide, you will have the latest dates and rates at your fingertips. Here are some of the changes and new rules covered in this year’s Reference Guide:
Security file and suspend, and restricted application rule changes
education funding including:
definition of Qualified expenses for 529 plans
in filing date availability for FAFSA
financial aid information
must receive a Form 1098-T from the school in order to claim AOTC or
Lifetime Learning Credit.
Medicaid planning section
ABLE account rules
to SIMPLE plan rollovers
filing due dates for business tax returns
list of "qualified public safety employees" under the Section
72(t)(10) penalty exception for premature distributions
basis reporting rules for estates(for income tax step-up in basis)
notice regarding treatment of lump sum payments used to replace lifetime
income being received by defined benefit pension plan participants.
Keir has researched the information for you! Stay current with these financial planning tools!