By Kenneth H. Bridges, CPA, PFS March 2020
In late 2019, the Setting Every Community Up for Retirement Enhancement (SECURE) Act was enacted. Below is a summary of the highlights.
Elimination of the “Stretch IRA” – For persons who passed …
By Kenneth H. Bridges, CPA, PFS December 2017
The Tax Cuts and Jobs Act (TCJA)1 was passed by the House and Senate on December 20 and signed into law by the President on December 22.
The actual text of …
By Kenneth H. Bridges, CPA, PFS December 2015
As was the case last year, Congress again this year waited until December to let us know what the tax law would be for the year about to end. On December 18, …
By Kenneth H. Bridges, CPA, PFS March 2010
Bonus first-year depreciation – For most new …
By Kenneth H. Bridges, CPA, PFS March 2009
Longer NOL carryback period – Under …
By Kenneth H. Bridges, CPA, PFS February 2008
On February 13, 2008, President Bush signed into law the The Economic Stimulus Act of 2008 (the “Act”). Highlights of the Act include:
Rebate checks – Eligible individuals will receive tax rebate …
By Kenneth H. Bridges, CPA, PFS May 2007
Increase in minimum wage – The …
By Kenneth H. Bridges, CPA, PFS May 2006
Extension of the 15% tax rate on capital gains and dividends…
As you may know, Congress has recently passed two significant tax acts, The Working Families Tax Relief Act of 2004 and The American Jobs Creation Act of 2004. Together, the two tax acts extend certain otherwise expiring …
Reduction in marginal tax rates for individuals – Effective retroactive to January 1, 2003, …