Individual Tax Considerations for 2020
The Covid-19 pandemic led to a year of change – from personal challenges to national legislation. The CARES Act, which went into effect last spring, provides economic assistance to individuals, families and businesses struggling from coronavirus-related setbacks. If you took advantage of any of the relief efforts implemented under the CARES Act, it may impact […]
Read More…COVID-19 UPDATE – Contacting Us
To Our Valued Clients: We understand the concerns everyone has about personal safety during this time. Our offices are open to the extent possible during normal business hours and staff and attorneys are working both remotely and on site. You may not always reach someone immediately but we are monitoring calls, voicemails and emails. We […]
Read More…Top Tax Reminders for Seniors, by Klaralee R. Charlton
Top Tax Reminders for Seniors, by Klaralee R. Charlton Click Here for Article
Read More…Firm Newsletter, January 2019 Edition
Katz Look & Onorato, Firm Newsletter, January 2019 Click Here for Link
Read More…IRS Extends 2019 Tax Filing AND Payment Deadline
IRS Extends 2019 Tax Filing AND Payment Deadline In an effort to alleviate financial pressure from the mass shutdowns related to mitigating the spread of Covid-19, the IRS announced on March 18th that taxpayers would receive an automatic extension of time to pay any tax liability due on their 2019 individual income tax returns. On […]
Read More…New Distribution and Taxation Rules for Inherited Retirement Accounts
New Distribution and Taxation Rules for Inherited Retirement Accounts by Harley K. Look, Jr. Under the SECURE Act of 2019, effective for all retirement accounts inherited after December 31, 2019, the IRA stretch has been repealed, with few very limited exceptions, to raise an estimated $15.7 billion in tax revenue over the next decade. A […]
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