2020 End of Year Tax Planning for Individuals
By EsqSocial Corporation 29/10/20
As the 2020 year draws to a close, families should review with their tax advisers the CARES Act tax-related provisions in their tax and financial planning. Tax provisions that apply to individuals include the following: TEMPORARY WAIVER OF REQUIRED MINIMUM DISTRIBUTIONS FROM RETIREMENT FUNDS - Required minimum distributions for 2020 are waived for individual retirement plans (IRAs) and certain defined contribution plans....
By: Bowditch & Dewey