Blog2025-03-17T15:14:19-06:00

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What qualifies as a “coronavirus-related distribution” from a retirement plan?

The Coronavirus Aid, Relief and Economic Security (CARES) Act allows “qualified” people to take certain “coronavirus-related distributions” from their retirement plans without paying tax. So how do you qualify for a coronavirus-related distribution? The Early Distribution Basics In general, if you withdraw money from an IRA or eligible retirement plan

June 30th, 2020|

Streamline Your Month-End Close

Many companies struggle to close the books at the end of the month. It requires accounting personnel to round up data from across the organization. Under normal conditions, this process can strain internal resources. However, in recent years the accounting and tax rules have undergone major changes — many of

June 16th, 2020|
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