Breaking Down the SECURE Act 2.0

Roger and Annie discuss the changes in the SECURE 2.0 Act of 2022 and how this impacts small business owners with regards to offering retirement plans to their employees. They also talk about recent changes in IRS regulations that could prove beneficial to taxpayers dealing with ERC.

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Links mentioned in this episode

  • (00:00) - Federal Tax Updates E5
  • (01:00) - SECURE Act 2.0
  • (07:06) - Omnibus Package
  • (10:33) - How can the SECURE Act help small business owners?
  • (15:51) - In 2025 what changes could we see to retirement plans?
  • (18:18) - Different ways to get around the 10% penatly with retirement money
  • (23:54) - What is attractive about a starter 401k plan?
  • (25:49) - How the Secure Act is tying in Student loan forgiveness
  • (27:45) - What does the Secure act say about RMDs?
  • (32:26) - What can you do with money that is left in a 525 Plan?
  • (40:05) - What is happening to the IRS with the ERC
  • (46:12) - Potential P10 Refund
  • (46:59) - News on information returns
  • (51:25) - CPE Tax Forums
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Annie Schwab

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The full transcript for this episode is available by clicking on the Transcript tab at the top of this page

All content from this podcast by SmallBizPros, Inc. DBA PADGETT BUSINESS SERVICES is intended for informational purposes only.

Creators and Guests

Annie Schwab, CPA
Annie Schwab, CPA
Franchisee Operations Manager at Padgett Business Services
Roger Harris, EA
Roger Harris, EA
President at Padgett Business Services
Breaking Down the SECURE Act 2.0
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