Memo on COVID Relief Package for 2021
On December 27, 2020, the Consolidated Appropriations Act of 2021 (the “Act”), was signed by President Trump. While the Act is mostly known for its
On December 27, 2020, the Consolidated Appropriations Act of 2021 (the “Act”), was signed by President Trump. While the Act is mostly known for its
There are a number of reasons why a foreign insurance company would make a so-called 953(d) election. This article will discuss two of those reasons.
Overview Many employee benefits are subject to annual dollar limits that are occasionally increased due to inflation. The Internal Revenue Service (IRS) recently announced cost-of-living
In June, 2020, the Internal Revenue Service (IRS) issued Notice 2020-29 to provide increased flexibility under section 125 of the Internal Revenue Code (Code) in
In what can only be described as good news for the captive insurance industry, the United States Supreme Court on May 4, 2020, agreed to
The Coronavirus Aid, Relief and Economic Security Act (the “CARES Act”) was signed into law by President Trump on March 27, 2020. It is 880
It has come to our attention that the IRS recently sent a letter (Letter 6336) to all taxpayers who filed a Form 8886 in connection
If you have a client with an existing qualified retirement plan or who is thinking about adopting a qualified retirement plan, we want to talk