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Are Coronavirus-Related Distributions Available in 2021?
Episode 119 – Don’t confuse Qualified Disaster Distributions (QDDs) with Coronavirus-Related Distributions (CRDs), which ended in 2020. A QDD is available only for non-COVID-19-related major disasters, such as hurricanes, wildfires, severe storms and other disasters. Learn more here, including the qualifications required to take a QDD.
Part 2 – COVID Relief Update: The American Rescue Plan Act of 2021
Part 2: Episode 118 – The details of the American Rescue Plan Act of 2021 are complicated. Here’s a summary of the provisions related to Unemployment Assistance, Health Insurance, Earned Income Tax Credit, and Rent and Mortgage Payments.
COVID Relief Update: The American Rescue Plan Act of 2021
Episode 117 – On March 11, 2021, President Biden signed into law the American Rescue Plan Act of 2021 (“ARPA”), fulfilling one of his campaign pledges to provide additional COVID-19 pandemic relief. Because ARPA was just enacted and there are numerous provisions, we will need to wait for future guidance issued by the IRS and Department of Treasury.
Business Owners: Beware of an Involuntary Partial Plan Termination Due to COVID-19
Episode 116 – 2020 was undoubtedly a very difficult year for many small-business owners struggling to keep their businesses afloat while their businesses were forced to close or limit operations as a result of government mandates attempting to slow or stop the spread of the coronavirus.
Estate Tax Planning Strategies in a Low Interest Rate Environment Part 2
Episode 115 – The continuing low interest rate environment makes certain estate tax planning strategies—such as GRATs, CLATs, IDGTs and intra-family loans—more efficient for wealthy individuals and families to consider for minimizing or avoiding estate taxes.
Life Insurance to Insure Your Love
Episode 114 – When it comes to life insurance, for most families the primary motivation for purchasing the insurance is simply because of love.
Making a Difference in the Lives We Touch!
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