Inherited IRA beneficiaries should be aware of several important tax considerations — especially considering recent rule changes and delays involving required minimum distributions (RMDs). Additionally, the IRS just released long-awaited final rules concerning inherited IRAs. Although these regulations were expected and won't begin until next year, the agency cemented a key aspect involving RMDs that will impact many beneficiaries.
Read more at Kiplinger
Michigan hands-free driving law year one: 19,000 tickets, fewer crashes
Police have stopped just under 19,500 drivers in Michigan since the law has taken effect, with about 70% of those stops resulting in a conviction
Read more at Bridge Michigan
Real estate brokers face penalties for unfair practices under new Michigan law. Senate Bill 602 was signed into law, which "amends the Occupational Code to specify conditions under which a right-to-list home sale agreement between a residential property owner and a real estate broker would be void and unenforceable."
The law subjects brokers who enter into void and unenforceable agreements to penalties, including license revocation, administrative fines up to $10,000, restitution and probation.
Read more at News Channel 3
