SECURE Act

Setting Every Community Up for Retirement Enhancement Act (SECURE Act)

Congress recently passed-and the President signed into law-the SECURE Act – Setting Every Community Up for Retirement Enhancement Act, landmark legislation that affects the rules for creating and maintaining employer-provided retirement plans. The SECURE Act became effective January 1, 2020. The following provides highlights of the most notable changes, as well as what the legislation…

Details

Many Retirement Plan Dollar Limits are Changed for 2018

The IRS has announced the 2018 cost-of-living adjustments (COLAs) with respect to retirement plan dollar limits. Many limits are changed for 2018 since the increase in the cost-of-living index met the statutory thresholds that trigger their adjustment. However, others remain unchanged. The article below outlines the changes you need to be aware of. Sincerely yours, Dean Holland,…

Details

IRS Highlights Significant 2016 Tax Changes for the Current Filing Season

Dear Tax Payer, Recently the IRS released a fact sheet highlighting some of the important 2016 tax changes that affect the current tax return filing season.   The article below summarizes the changes. Sincerely Yours, Dean R. Holland, CPA, MSA President IRS Highlights Significant 2016 Tax Changes for the Current Filing Season In a recent…

Details