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Tag: CARES Act

More tax options for business losses in 2020
Taxes

More tax options for business losses in 2020

The CARES Act provides more ways for business owners to offset losses in tax filings in 2020.

Four tax planning considerations for year-end
Taxes

Four tax planning considerations for year-end

While tax rates are historically low, investors may want to review several tax planning considerations before year end.

Year-end planning ideas under the CARES Act
Taxes

Year-end planning ideas under the CARES Act

As investors prepare for year-end planning, they may want to consider tax-smart strategies under the CARES Act.

Key changes for charitable giving in 2020
Estate and Wealth Transfer

Key changes for charitable giving in 2020

In 2020, more taxpayers may be able to take tax deductions on their charitable giving as a result of provisions in the CARES Act.

Planning as the pandemic response evolves
Taxes

Planning as the pandemic response evolves

The federal response to the pandemic continues to evolve, creating considerations for financial planning.

Guidelines offer clarity on PPP loan forgiveness for small businesses
Taxes

Guidelines offer clarity on PPP loan forgiveness for small businesses

The Small Business Association announced guidelines for loan forgiveness for the PPP program for small businesses.

Moving forward when RMDs are suspended
Retirement/Income

Moving forward when RMDs are suspended

The CARES Act provisions suspended RMDs for this year and may impact investors’ financial plans.

States, businesses hope for more economic aid in next pandemic relief bill
Taxes

States, businesses hope for more economic aid in next pandemic relief bill

Many lawmakers are planning for a fourth phase of pandemic relief funding, which could include aid for states and individuals.

Five planning ideas to consider under the CARES Act
Taxes

Five planning ideas to consider under the CARES Act

The CARES Act provides emergency assistance to those affected by the pandemic with a range of programs from expanded unemployment benefits to loans.

CARES Act loosens rules for retirement accounts
Estate and Wealth Transfer Insurance/Risk Management

CARES Act loosens rules for retirement accounts

Among the many provisions of the CARES Act are modifications of the rules involving retirement accounts to help both retirement savers and retirees.

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In the United States, mutual funds are distributed by Putnam Retail Management.

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