Kutchins, Robbins & Diamond, Ltd. Certified Public Accountants and Advisors

Archive for the ‘Legislative Tax News’ Category

Coronavirus (COVID-19) Tax and Employment Legislation Updates

Please note:  This article will be updated daily with information regarding the coronavirus in the U.S. and the state of Illinois. Last updated on April 20, 2020.  

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CARES Act: Required Minimum Distributions Suspended

Stay informed on the latest tax and employment legislation updates during the Coronavirus outbreak.

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Does the SECURE Act impact you?

Congress recently passed—and the President signed into law—the SECURE Act. Here is a look at some of the more important elements of the SECURE Act that have an impact on individuals.

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Guidance on Tax-Free IRA Distributions to Charity
Consolidated Appropriations Act, 2021: Enhanced Deduction for Business Meal Expenses
Employee Retention Credit Extended and Expanded

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