Below are some of the top tax-related provisions for businesses contained in the Coronavirus Aid, Relief, and Economic Security (CARES) Act, Congress’s gigantic economic stimulus package that the President signed into law on March 27, 2020. For provisions related to individuals see CARES Act for Individuals Employee Related Relief Employee retention credit for employers. Eligible employers [...]
Below are some of the top tax-related provisions for individuals contained in the Coronavirus Aid, Relief, and Economic Security (CARES) Act, Congress’s gigantic economic stimulus package that the President signed into law on March 27, 2020. For provisions related to businesses see CARES Act for Businesses. Recovery Rebates for Individuals. To help individuals stay afloat during [...]
SECURE Act Impact on Trusts While we were focused on the impeachment hearings, Congress and the President were busy passing the SECURE Act. The Act was signed into law on December 20, 2019 and is effective January 1, 2020. In addition to funding federal agencies through September, the SECURE Act impacts trusts by reducing the [...]
