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  1. Restrictions on who can open a ROTH IRA eliminated 1/1 but pros and cons to converting. Hear what I have to say http://tinyurl.com/ycsc8z3 about 9 hours ago from web
  2. Some say, "never do Roth conversion if you need Roth $$ to pay the tax". This is a MYTH. Run the numbers. It still may pay. 10:06 AM Dec 10th from web
  3. RT @lynnbrenner: new post: 'Can I combine inherited Roth IRAs with an inherited regular IRA?' No - and you wouldn't want to! http://bit. ... 9:42 AM Dec 2nd from web
  4. No req min dist in '09 also applies to beneficiaries of inherited accts. BUT if bene receives distribution, it cannot be returned. 4:25 PM Nov 30th from web
  5. No required minimum distributions in 2009. If on auto withdrawal, cancel it. If receive distribution, return it within 60 days. 4:22 PM Nov 30th from web
  6. Estate planning & wills: do it right. You don't want your heirs to remember you by the problems you left behind. 12:45 AM Nov 25th from Echofon
  7. There is no 'financial hardship' exception to early withdrawal penalty. Many have tried, all have failed. 11:47 PM Nov 24th from Echofon
  8. RT @RJPIII: Top 10 things to know about inherited IRAs - http://bit.ly/4LjoX 11:47 AM Nov 14th from web
  9. If audited by IRS review their calculations b4 signing. They make errors. Hard to correct after the fact. 6:22 AM Nov 9th from web
  10. Check it out! Pick up the November 2, 2009 edition of the New Yorker and flip to page 73 to see Barry Picker on Tax and Estate Planning. 6:07 PM Oct 31st from web
  11. "Deciding Whether a Roth Is Right." Set up multiple Roth IRAs, I say. http://bit.ly/1gRLuW 2:55 PM Oct 15th from TimesPeople
  12. Client filing 08 taxes today wants to know why he owes so much & can anything be done. 2 late. Plan b4 end of year, not after. 12:30 PM Oct 15th from web
  13. Gr8 plan, nicely done will, trust properly drafted. All worth zero! Why? Wrong beneficiary on insur policy & retirement plan. 9:27 AM Oct 6th from Echofon
  14. Free AICPA webcast for CPAs on Retirement Planning today 2PM EDT. I'm on panel. http://tinyurl.com/bpickercpa1. 5:54 AM Sep 30th from web
  15. Tax Court rules Roth IRA cannot own shares in S Corporation. Thought so all along. Surprised not a unanimous opinion. 5:40 AM Sep 30th from web
  16. IRS: Anyone who took a 'minimum distribution' for 2009 has until 11/30/09 to redeposit and avoid tax. No minimum distributions this year. 5:38 AM Sep 30th from web
  17. RT @lynnbrenner: When does it make sense to tap a savings account to pay off a loan? http://bit.ly/1aIk50 7:27 PM Sep 20th from web
  18. Tax Court: pymts for prostitutes & for pornographic materials not deductible as medical expense. Txpayr argued 'positive health effects'. 5:22 AM Sep 15th from web
  19. SCAM-The IRS does NOT send out emails saying you have undereported income. Do NOT respond; don't even open-delete it. 1:11 PM Sep 9th from web
  20. Happy 35th birthday to ERISA! 12:39 PM Sep 4th from web
  • Name Barry C. Picker
  • Location Brooklyn, NY
  • Web http://www.pwacpa...
  • Bio Certified Public Accountant/Personal Financial Specialist and Certified Financial Planner
16 Following 25 Followers 0 Listed
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