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The IRS has announced the increase in contribution limits for various retirement accounts for 2020. For any employees who participate in 401(k),…
On December 22, 2017, TCJA of 2017, arguably the most sweeping tax legislation since the Tax Reform Act of 1986, was signed…
The new tax law does not change the rules for charitable contributions; however it has changed the dynamics of the tax environment,…
From The Journal of Accountancy: The IRS announced on Thursday, October 27, 2016 that the limit on elective deferral for contributions to 401(k)…