The U.S. House of Representatives, passed a sweeping retirement reform bill on a floor vote of 415-4 on Tuesday, March 29, 2022. The Securing a Strong Retirement Act (HR 2594), ...
After 40 hours of debate, over a four-day period, the House Ways and Means Committee has approved a proposal to be submitted to the House Budget Committee for mark-up. This proposal which ...
The IRS issued WV-2021-01 to provide "affected taxpayers" who were victims of severe storms and flooding in West Virginia relief with postponed deadlines for the completion of certain time-sensitive acts, many of ...
On May 13, 2021, the IRS issued TN-2021-01 to provide affected taxpayers" who were victims of severe storms in Tennessee relief with postponed deadlines for the completion of certain time-sensitive acts, many ...
IRS Announces Additional Postpones Deadlines for IRA/HAS Contributions and Other Time-Sensitive Acts
On April 29, 2021, the IRS issued News Release KY-2021-01 and News Release AL-2021-01 to provide "affected taxpayers" who were victims of certain disasters in Kentucky and Alabama relief with postponed deadlines ...
In News Release IR-2021-67 the Internal Revenue Service announced that individuals have until May 17, 2021 to meet certain deadlines that would normally fall on April 15. This confirms that ...
On February 22, 2021, the IRS issued News Release IR-2021-43 to provide “affected taxpayers” relief with postponed June 15th deadlines for the completion of certain time-sensitive acts many of which are related ...
The IRS issued Notice 2020-79 announcing the 2021 cost-of-living adjustments (COLAs) applicable to dollar limitations for employer-sponsored retirement plans, including individual retirement arrangements (IRAs). The annual contribution limit remains at ...
The IRS issued Notice 2020-68, that provides guidance on the Setting Every Community Up for Retirement Enhancement Act (SECURE Act) that was enacted in December 2019 in a question-and-answer format. Topics ...
On May 4, 2020, the IRS posted Coronavirus-related relief for retirement plans and IRAs FAQs. The Coronavirus Aid, Relief, and Economic Security Act (CARES Act), enacted on March 27, 2020, ...