News and Updates

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Tax Updates (4)

New Law Retroactively Fixes QIP Drafting Mistake

At long last, Congress passed legislation to correct a drafting error related to real estate...

Stay Afloat with Tax-Favored Coronavirus-Related Distributions

The coronavirus (COVID-19) pandemic is causing economic hardship for many people and businesses in...

Coronavirus Relief Provisions Webinar

See below for a video of a webinar presented by Chris A. Gabrick, Principal, SSB.

CARES Act

The House of Representatives approved the Senate bill known as the Coronavirus Aid, Relief, and...

New Overtime Pay Rules Finalized for 2020

The U.S. Department of Labor (DOL) has issued the long-anticipated final version of its overtime...

Good News! More Families May Be Eligible for the Child Credit in 2018

The Tax Cuts and Jobs Act (TCJA), which was signed into law on December 22, 2017, made...

How the New Limit on SALT Deductions Affects Homeowners

The ability to deduct state and local taxes (SALT) has historically been a valuable tax break for...

New Law Eases the Individual Alternative Minimum Tax

Unfortunately, the Tax Cuts and Jobs Act (TCJA) retains the individual Alternative Minimum...

New Law Revamps the Kiddie Tax

Congress enacted the so-called “kiddie tax” rules to prevent parents and grandparents in high tax...

Tax Reform: Topics of Special Interest for Individuals

As you’ve heard by now, the Tax Cuts and Jobs Act (TCJA) includes a number of changes that...