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August 16, 2024

IRS Finalizes Guidelines for RMDs from Qualified Retirement Plans

In late July the IRS issued long awaited guidelines on inherited IRAs that eliminated “stretching out” required minimum distributions for most inheritors to a maximum of 10 years. Prior to 2020 and the passing of the initial SECURE act, anyone who inherited an IRA could extend RMDs for decades. These new guidelines provide clearer direction…

August 13, 2024

From Intern to Manager: Yesenia Malagon’s Path to Success in Tax Accounting

Yesenia Malagon started at Weiss & Company as a part-time intern in January 2014. She was in her last semester at University of Illinois-Chicago and commuting from home in the Northwest suburbs. Some days she’d be driving from the suburbs to Chicago, then back to Glenview before returning home. It was a crazy schedule with…

August 8, 2024

Weiss Climbs to #6 on Most Recent “Best Places to Work for Women” List

Weiss & Company LLP was named sixth among Best Places to Work for Women in Illinois by Workforce Research Group. This impressive showing is a sizeable jump from last year’s very respectable 13th place showing. We wondered what Weiss is doing (or not doing) to prompt these terrific results and spoke to some of the…

August 5, 2024

Wrestling with a New Career: Weiss is in My Corner

Max Gomez is a staff accountant in Weiss’ tax department. He attended Oregon State University (OSU) on academic and wrestling scholarships and majored in accounting. He thought he might pursue law school but was instead inspired to become an accountant after working with the Volunteer Income Tax Assistance (VITA) program. He loved working with his…