Federal Income Tax Deadline Extended To July 15, 2020
By: Stuart R. Morris, Esq., CPA, B.C.S. - March 23, 2020
The federal government announced on Friday, March 20, that the federal Tax Day is moving from April 15 to July 15 for both filing and tax payments. U.S. Secretary of the Treasury Steve Mnuchin tweeted, "All taxpayers and businesses will have this additional time to file and make payments without interest or penalties."
Update Your Planning To Take Advantage Of The Low-Rate Environment
By: Stuart R. Morris, Esq., CPA, B.C.S. - March 22, 2020
I hope you and your family members are well and weathering these unprecedented times in our country with the COVID-19 coronavirus and its impact on financial markets. There is no doubt we're in uncharted territory here, but we are all in this together. That's why it's important to have each other's backs and look out for each other now more than ever before. Here at Morris Law Group, we continue to have our clients' best interests in mind. It is along those lines that we wanted to keep you apprised of certain planning opportunities to consider in this low-interest-rate environment.
By: Joe D. Lieberman, J.D., LL.M., Law Clerk, Morris Law Group - February 13, 2020
Morris Law Group discussed the Setting Every Community Up for Retirement Enhancement Act of 2019 (SECURE Act) in our newsletter previously but it has now taken effect, so we thought we would go over the main points. As a reminder, the SECURE Act passed the U.S. House of Representatives on May 23, 2019. On Dec. 20, 2019, President Trump signed the SECURE Act into law that took effect January 1, 2020. This article will address several of the changes in the law. Stuart R. Morris, Esq., CPA, B.C.S., the founding partner of Morris Law Group, created a video about the SECURE Act highlighting what you need to know. You can watch it here.