5-Star Holdings, Inc.

02/05/2026

Missed our annual newsletter? Catch up on the latest tax updates here!

01/30/2026

01/16/2026

⭐Tax 101: What's New - OBBBA Tax Act (online): This course meets 6 separate days ONLINE. Tue. 1/20/2026, Thurs. 1/22/2026, Tue. 1/27/2026, Thurs. 1/29/2026, Tue. 2/3/2026, Thurs. 2/5/2026 (6 classes ONLINE)

The One Big Beautiful Bill Act was enacted into law on July 4, 2025, containing 100+ tax provisions. What is in it for you? Learn details about the headlines you have heard…New Deduction for Seniors, No Tax on Tips, No Tax on Overtime, New Deduction for Car Loan Interest, plus Increased Child Tax Credit and Increased State and Local Tax (SALT) Deduction. What is in it for your business? Tax wins include return of 100% Bonus Depreciation expenses, Deductions for Research and Development (R&D) expenses, and changes to the thresholds for issuing Forms 1099. Sign up now to get all the details to maximize your tax savings!

✅Sign up at the link now: https://utconferences.eventsair.com/CEPortal/contact-store---ce/ce-portal-cpell/Calendar?courseCode=26WIPPD1331

12/23/2025

Merry Christmas from Team 5-Star 🎄

12/11/2025

📢IRS Update for Retirees and Families: 2025 RMDs📢

If you are 73 or older, it’s important to review your required minimum distributions (RMDs) from IRAs and retirement plans.💵📅

Key Points:

👵RMD Age: SECURE 2.0 sets the starting age at 73.

📅Upcoming RMD Distribution Deadline: December 31 (for 2025).

🔁Annual Withdrawals Thereafter: RMDs are generally due every year by December 31.

💼Accounts Affected: Traditional IRAs, SEP/SIMPLE IRAs, 401(k), 403(b), and other employer plans.

🧾Roth Accounts: Roth IRAs and designated Roth 401(k)/403(b) accounts do not require RMDs while the owner is alive.

⚠️Penalties: There is an excise tax of up to 25%, or 10% if corrected within two years.

Inherited IRAs

✅Beneficiaries must follow special RMD rules based on when the original owner died and their type of beneficiary.

✅Many non-spouse beneficiaries must distribute the account within 10 years, according to the SECURE Act.

✅Roth IRAs inherited by beneficiaries are also subject to 10-Year Rule requirements, even if the original owner had no RMDs.

Learn More:

🔗 https://www.irs.gov/retirement-plans/retirement-plan-and-ira-required-minimum-distributions-faqs

🔗 https://www.irs.gov/retirement-plans/plan-participant-employee/retirement-topics-required-minimum-distributions-rmds

🔗 https://www.kiplinger.com/taxes/irs-ends-confusion-annual-rmds-required-for-many-inherited-iras

🔗 https://www.fidelity.com/retirement-ira/inherited-ira-rmd

11/27/2025

This Thanksgiving, there are many reasons to be thankful. Most importantly, we are grateful for the opportunity to serve members of both our military and civilian communities. Sending our best wishes for a Happy Thanksgiving to you and yours! 🦃🍂