Congressman Richard Neal (D. Mass): Secure Act 2.0 Coming Later This Year

House Ways and Means Chairman is planning to move followup legislation to the Secure Act later in 2020. Congressman Neal's press release reads as follows: Even with the passage of the first retirement security package in more than a decade shortly before the holiday recess, there is more retirement-related legislation that could get a look … Continue reading Congressman Richard Neal (D. Mass): Secure Act 2.0 Coming Later This Year

Michael Chamberlain: ‘The Good, The Bad And The Ugly’ Of The SECURE ACT (Feb. 12, 2020)

Michael Chamberlain writes, on Forbes website, that (m)any moviegoers remember the classic western movie starring Clint Eastwood, entitled The Good The Bad and The Ugly. This movie title seems appropriate for the outcomes of the passage of the SECURE Act, (an acronym for Setting Every Community Up for Retirement Enhancement), which was passed by the House in … Continue reading Michael Chamberlain: ‘The Good, The Bad And The Ugly’ Of The SECURE ACT (Feb. 12, 2020)

Juan C. Antunez: Are Florida’s courtroom doors closed to older Floridians seeking to establish paternity in probate proceedings, but wide open for younger adults?

Juan C. Antunez, in his Florida Probate Litigation Blog, discusses In Re: Estate of John E. Robinson, — So.3d —-, 2020 WL 697795 (Fla. 3d DCA February 12, 2020). That cases discusses the rule in Florida whereby, if a man dies intestate, any children he had while married are automatically considered his heirs, and entitled … Continue reading Juan C. Antunez: Are Florida’s courtroom doors closed to older Floridians seeking to establish paternity in probate proceedings, but wide open for younger adults?

Newly-revised IRS publication explains tax benefits for members of the millitary

The Internal Revenue Service has released its newly-revised tax guide, designed to help members of the military understand the many special tax benefits available to them under the law. Publication 3, Armed Forces' Tax Guide, now posted on IRS.gov, is packed with useful filing tips for any member of the military, including reservists and the … Continue reading Newly-revised IRS publication explains tax benefits for members of the millitary

IRS updates guidance on business expense deductions for meals and entertainment

The Internal Revenue Service has issued proposed regulations on the business expense deduction for meals and entertainment following changes made by the Tax Cuts and Jobs Act (TCJA). The 2017 TCJA eliminated the deduction for any expenses related to activities generally considered entertainment, amusement or recreation. It also limited the deduction for expenses related to food and … Continue reading IRS updates guidance on business expense deductions for meals and entertainment

Treasury, IRS issue guidance to farmers on uniform capitalization rules

The Treasury Department and Internal Revenue Service issued Revenue Procedure 2020-13 (PDF) providing procedures for farmers who have elected out of certain capitalization rules and want to apply the small business taxpayer exemption in the same taxable year. The Tax Cuts and Jobs Act (TCJA) added a provision exempting small business taxpayers from the capitalization rules … Continue reading Treasury, IRS issue guidance to farmers on uniform capitalization rules

HBR.Hotlist.2020.02.24: Tensions that Leaders Must Navigate; The Mystery of the $2,000 Ikea Shopping Bag; Don’t Quit Your Job Before Asking These Questions, and More!

EVERY LEADER NEEDS TO NAVIGATE THESE 7 TENSIONS BY JENNIFER JORDAN, MICHAEL WADE, ELIZABETH TERACINO ARE YOU AN EXPERT OR A LEARNER? A TACTICIAN OR A VISIONARY? MARKETING The Mystery of the $2,000 Ikea Shopping Bag by Silvia Bellezza, Jonah Berger How luxury brands are inverting status symbols. PROFESSIONAL TRANSITIONS Don’t Quit Your Job Before Asking Yourself These Questions by Priscilla Claman You … Continue reading HBR.Hotlist.2020.02.24: Tensions that Leaders Must Navigate; The Mystery of the $2,000 Ikea Shopping Bag; Don’t Quit Your Job Before Asking These Questions, and More!