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Extended IRA exemption should ease tax season preparation (access required)

Financial planners who work with individual retirement accounts will have an easier time preparing clients for the 2017 tax season thanks to the extension of a charitable donation exemption. IRA accounts require individuals over the age of 70 to take out a certain percentage of their retirement account annually. This money is considered taxable income, said ...

About Benton Alexander Smith

Benton Alexander Smith is a reporter for the Idaho Business Review, covering the Idaho Legislature, new business, technology and financial services.