Tax laws

The latest round of coronavirus stimulus legislation includes some major tax provisions and changes for accountants to watch out for in the New Year.

They are triple-tax advantaged, but also introduce significant challenges — especially for life partners with multiple accounts.

While this benefit does not have wide-spread adoption, across generations workers have various reasons to consult with an attorney.

House Ways and Means Chairman Kevin Brady said he plans on releasing an outline of “Tax Reform 2.0” legislation next week to his committee members.