PKF North America News

Reading Time: 1 minute 30 seconds If you have inherited an individual retirement account (IRA) from a deceased parent, whether before or after they began taking required minimum distributions (RMDs), you have an opportunity to manage the withdrawals in a tax-efficient manner. According to IRS rules, if the parent passed away before reaching RMD age … Continued The post Inheriting a Parent’s IRA: Tax Planning Opportunities first appeared on JLK Rosenberger.

Reading time: 2 minutes The equity method of accounting is an accounting method used to report activity from a minority investment or a joint venture that a company may have in another company. In the merger and acquisition environment, the equity method is sometimes referred to as the one-line method of accounting for an investment. … Continued The post Equity Method of Accounting Provides Clear Information to Drive Decisions About Business Transactions first appeared on JLK Rosenberger.