CARES Act: Required Minimum Distributions (“RMDs”) for 2020

The Coronavirus Aid, Relief, and Economic Security Act or “CARES” Act enacted by Congress and signed into law by President Trump on March 27, 2020, aimed to provide financial relief and incentives to American families and businesses.  The highlights many people may be familiar with are: Eligible taxpayers received $1,200 checks; Forgivable loans to businesses to maintain their employees and … Read More