To the delight of many, the Coronavirus Aid, Relief, and Economic Security (CARES) Act waived 2020 Required Minimum Distributions (RMDs) for both owners and beneficiaries of defined-contribution retirement accounts, including...more
Until last week, the Connecticut General Assembly appeared very close to relieving Connecticut of the distinction of being the only state that imposes a gift tax. However, it seems Connecticut will carry that mantle for the...more