Cares Act and Paycheck Protection Program

On Friday, March 27, 2020, President Trump signed into law what is generally referred to as the Coronavirus Aid, Relief, and Economic Security Act (the “CARES Act” or the “Act”). While the most publicized aspect of the CARES Act provides for direct payments of up to $1,200 for eligible individual taxpayers ($2,400 for eligible couples […]
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The Secure Act, Retirement Benefit Changes, & 2020 Estate Tax Exemption Amount

In December 2019, Congress passed, and the President signed into law what is generally referred to as the Setting Every Community Up for Retirement Enhancement Act (“SECURE Act”). Generally effective January 1, 2020, the SECURE Act significantly modifies many requirements for employer- provided retirement plans, individual retirement accounts (“IRAs”), and other tax-favored savings accounts. As […]
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