Understanding the SECURE Act 2.0: What It Means for You at Age 55 As you move closer to retirement, financial decisions become more immediate and more impactful. The SECURE Act 2.0, passed in 2022, introduces several

Overview of the One Big Beautiful Bill Act The One Big Beautiful Bill Act (OBBBA), signed into law on July 4, 2025, represents a significant overhaul of U.S. tax and spending policies. It aims to align with the

MANDATORY NEW BUSINESS COMPLIANCE REPORTING       In 2021, the Corporate Transparency Act (“CTA”) was enacted. The CTA created new requirements for certain entities to report to the

  CONNELLY v INTERNAL REVENUE SERVICE Michael and Thomas Connelly were the sole shareholders in Crown C Supply, a small building supply corporation. The brothers entered into an agreement to ensure that Crown

ESTATE TAX REDUCTION LOOMING   ($13.6 Million back to about $6 Million in 2026)       As of January 1, 2026, the current lifetime estate and gift tax exemptions will sunset and revert back to

Action Required: Corporate Transparency Act Reporting Is Here Original link can be found at the American Bar Association here: http://tinyurl.com/wxw43d8s     The Anti-Money Laundering Act of 2020, which is part