Month: April 2020

COVID-19: Tax Deadlines & RMDs

By: Elisabeth - April 14, 2020 - 7:33 am

It’s almost April 15th and you all know what that means…well, in a typical year that would mean your income taxes are due, but for 2020, that’s not the case. Due to the spread of COVID-19 across the United States, income tax filing and payment due dates have been extended. Also, Required Minimum Distributions for  Read more…

Key Provisions of the CARES Act

By: Elisabeth - April 1, 2020 - 7:55 am

Distributions can be waived in 2020 for Inherited Accounts, 401(k)s, and IRAs. Provided by Barrows Trostle Advisors, LLC Recently, the $2 trillion “Coronavirus Aid, Relief, and Economic Security” (“CARES”) Act was signed into law. The CARES Act is designed to help those most impacted by the COVID-19 pandemic, while also providing key provisions that may  Read more…