CARES Act

Pandemic-driven laws eased tax burdens on loans and withdrawals from 401(k) and IRAs, leading some clients to tap into their accounts while many others avoided a raid.

With the passage of so much tax legislation over the past several years, there is tremendous opportunity for savings and planning.

The legislation would rival the $2 trillion March 2020 CARES Act in size and scope and follow a $900 billion December relief package.

The Internal Revenue Service released guidance Monday for employers claiming the employee retention credit for 2020 and how it relates to eligibility for the Paycheck Protection Program.

A COVID-wrecked economy has changed the calculus for some financial planners.

The proposal includes a wave of new spending, including more direct payments to households and an expansion of jobless benefits.

A critical PPP deduction, tax extenders, business meal deductions and more are among the critical points.

The program should do more to help the economy adapt to post-virus realities, writes economist Michael R. Strain.

The latest round of coronavirus stimulus legislation includes some major tax provisions and changes for accountants to watch out for in the New Year.

The potential for higher rates in 2021 is real, but exactly what the rate would be, and who would pay those rates, is far from certain.

It's typically advised to shift income into the future to reduce tax bills for the current year. But experts say that may not be the best approach.

The one-two punch of major tax laws passed within four months of each other creates some interesting puzzles for advisors to solve.

The decisions clients make now can play a significant role in how much will be forgiven.

Regardless of who wins the White House, the scope for tax legislation in the near term will be limited.

An estimated 9 million people haven't yet received Economic Impact Payments provided under the CARES Act.

There’s a significant opportunity for advisors to help their non-business clients, earn some new ones — and it can be taken advantage of right now.

The agency finalized plans to stop the temporary procedures for Forms 1045 and 1139.

The CARES Act will play a critical role, according to Grant Thornton.

The agency began digging into the massive tax law addressing issues that needed immediate clarification.

Waiting until year end to factor in portfolio volatility is risky business.