As the COVID-19 pandemic has wreaked havoc on our personal, financial and business lives, the government has responded with legislative and administrative relief. This is a high-level summary of some of the enacted measures...more
4/29/2020
/ 401k ,
Alternative Minimum Tax ,
Business Taxes ,
CARES Act ,
Charitable Donations ,
Coronavirus/COVID-19 ,
Corporate Taxes ,
Direct Payments to Families and Individuals ,
Disaster Relief Fund ,
Employee Retention ,
Employer Contributions ,
Individual Retirement Account (IRA) ,
IRS ,
Loan Forgiveness ,
Net Operating Losses ,
Paycheck Protection Program (PPP) ,
Payroll Taxes ,
Property Improvements ,
Rebates ,
Relief Measures ,
Required Minimum Distributions ,
Retirement Account Loans ,
Retirement Funds ,
Student Loans ,
Tax Credits ,
Tax Cuts and Jobs Act ,
Tax Relief ,
Tax Returns ,
Tax-Free Transfers ,
Time Extensions ,
Waivers
The overhaul of the Internal Revenue Code was passed by Congress on December 21, 2017 and signed into law by the President. Many changes become effective January 1, 2018. Although 2017 is almost over, the following are some...more
12/29/2017
/ Charitable Donations ,
Income Taxes ,
Like Kind Exchanges ,
Local Taxes ,
Mortgage Interest ,
Pass-Through Entities ,
Property Tax ,
State Taxes ,
Tax Cuts and Jobs Act ,
Tax Deductions ,
Tax Reform