Key Tax Developments, Quarter 2

We’ve summarized some of the tax developments from the second quarter of 2014 that may have an impact on your business, you and your family.  Some of the highlights from this quarter include:

• The Supreme Court’s ruling on IRA protection during bankruptcy
• Information for employers reimbursing employees for insurance premiums
• New IRS regulations for purchasing “longevity” annuities with retirement savings
• Tax Court ruling for sellers whose home was returned from a defaulting buyer
• 2015 inflation adjustment for health savings accounts

Click here for full document.