On Wednesday May 5, 2021, the House Ways & Means Committee approved HR 2954, the Securing a Strong Retirement Act of 2021 (SSRA) with a unanimous vote. The bill is now ...
The IRS announced relief for victims of the tornadoes, severe storms, and flooding that took place in parts of Mississippi, Tennessee, and South Carolina in IR-2020-126. Affected individuals and businesses ...
The IRS released Notice 2020-51 which provides significant relief for IRA owners and beneficiaries as well as retirement plan participants who wish to return their 2020 distributions due the RMD rule ...
The IRS released Notice 2020-50 regarding section 2202 of the CARES Act which provides for favorable tax treatment of coronavirus-related distributions for qualified individuals with respect to distributions from eligible ...
President Trump signed the massive $2 trillion federal stimulus package, the Coronavirus Aid, Relief and Economic Security Act (CARES Act) bill into law. His signature came just hours after the ...
On May 23, 2019, the House of Representatives have passed H.R. 1994, known as the SECURE Act, a bill that aims to improve the nation’s retirement savings, moving it a ...