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Blogs , Business/Corporate Law Blog , COVID-19 , Employment Law Blog , Taxation Blog
On March 27, 2020, the President signed the $2 trillion stimulus package as part of the third phase of the federal government’s response to the COVID-19 pandemic. The “Coronavirus Aid, Relief, and Economic Act” or “CARES Act” includes cash relief for individuals, lending to small businesses and relief for certain […]
Blogs , Wills, Trusts & Estates Blog
This blog is provided to you as part of the service that we provide to our clients in connection with estate planning. It is intended to advise you of a significant change in the manner in which inherited retirement accounts are treated and the unintended consequences that may result if […]
Blogs , Wills, Trusts & Estates Blog
On December 20, 2019, President Trump signed into law the Setting Every Community Up for Retirement Enhancement Act, or SECURE Act. Beginning on January 1, 2020, the SECURE Act implements substantial policy changes to retirement accounts. The Act is designed to increase retirement savings, including (i) making it easier for […]
As published in New Jersey CPA Magazine’s November/December 2019 issue. Since an individual retirement account (IRA) can often represent a large percentage of an individual’s assets, an essential question that many clients face is who to name as the beneficiary of their IRA accounts. There are a number of reasons […]
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