Buckle up, America: Major tax changes are on the horizon. The reason has to do with tax law and the upcoming elections.
Continue Reading: What might be ahead as many tax provisions are scheduled to expire?
As part of a year-end budget bill, Congress just passed a package of tax provisions that will provide savings for some taxpayers. The White House has announced that President Trump will sign the Further Consolidated Appropriations Act of 2020 into law. It also includes a retirement-related law titled the Setting Every Community Up for Retirement Enhancement (SECURE) Act.
Continue Reading: Congress gives a holiday gift in the form of favorable tax provisions