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January 2020 - Newsletter
Eight Changes in the SECURE Act You Need to Know
IRS Issues New Bitcoin Tax Guidance
You can find out more about these change along with finding more articles about the current tax law changes just go to: January 2020 - Newsletter or click the link below to download the complete January 2020 Newsletter.
Congress Reinstates Expired Tax Provisions
Congress let many tax provisions expire on December 31, 2017, making them dead for your already-filed 2018 tax returns.
In what has become a much too common practice, Congress resurrected the dead provisions retroactively to January 1, 2018. That’s good news. The bad news is that if you have any of these deductions, we have to amend your tax returns to make this work for you.
And you can relax when filing your 2019 and 2020 tax returns because lawmakers extended the “extender” tax laws for both years. Thus, no worries until 2021—and even longer for a few extenders that received special treatment.
Eight Changes in the SECURE Act You Need to Know
As has become usual practice, Congress passed some meaningful tax legislation as it recessed for the holidays. In one of the new meaningful laws, enacted on December 20, you will find the Setting Every Community Up for Retirement Enhancement Act of 2019 (SECURE Act).
The SECURE Act made many changes to how you save money for your retirement, how you use your money in retirement, and how you can better use your Section 529 plans. Whether you are age 35 or age 75, these changes affect you.
For more about this article click this link to download the full newsletter.


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When will I Get My 2018 Tax Refund?
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