A Coronavirus-related distribution is any distribution made on or after January 1, 2020 and before December 31, 2020 from an eligible retirement plan made to a qualified individual.
Posted ByThe Coronavirus Aid, Relief, and Economic Security (CARES) Act added an above-the-line tax deduction for 2020. Taxpayers who make a qualified charitable contribution and who do not itemize their deductions using Schedule A may be eligible for a deduction from the calculation of gross income.
Posted ByIn March 2020, the Coronavirus Aid, Relief, and Economic Security (CARES) Act was passed. There are several components to the CARES Act that will impact many, if not all, Americans. This blog article focuses on how the CARES Act affects Required Minimum Distributions (RMDs).
Posted ByMany of us have taken to the number of video conferencing applications available for work, education, and continuing a virtual social life. Here some tips to help secure your next video conference meeting.
Posted ByPlanning for a divorce is a difficult task due to the psychological and financial complexities. There are items you can consider preemptively to enter into the divorce process more prepared. This checklist should provide you with various things to think about prior to planning for a divorce.
Posted ByFraudsters often use news and popular events to lure individuals into scams. The SEC has issued an investor alert warning individual’s about potential scams related to the coronavirus.
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