What qualifies as a “coronavirus-related distribution” from a retirement plan?
As you may have heard, the Coronavirus Aid, Relief and Economic Security (CARES) Act allows “qualified” people to take certain “coronavirus-related distributions” from their retirement plans without paying tax. So how do you qualify? In other words, what’s a coronavirus-related... Read More →
DOL Updates for COVID-19
As a firm, we have been receiving questions on DOL partial claims filings and wanted to give some clarification on these items. Members of our firm attended a zoom call last week hosted by Georgia Chamber which featured DOL Commissioner... Read More →
Retirement Provisions Due to Coronavirus
We hope that you are keeping yourself, your loved ones, and your community safe from COVID-19 (commonly referred to as the Coronavirus). Along with those paramount health concerns, you may be wondering about some of the recent tax changes meant... Read More →
People First Initiative Info
The IRS has unveiled the People First Initiative to assist taxpayers with challenges stemming from COVID-19. Key provisions include: Existing installment agreements due between April 1 and July 15, 2020 are suspended temporarily. In order to request the temporary... Read More →