Category

Tax and Employee Benefits
We are very proud to announce that 23 of our attorneys have been recognized in the 2024 Edition of The Best Lawyers in America© and The Best Lawyers in America© Ones to Watch. Each year, Best Lawyers conducts an extensive peer-review process to compile a list of the best attorneys in a broad range of...
Read More
By Mark McAnulty, Nicholas Golding, and Jackson Treadway On January 10, 2023, the Illinois legislature passed the Paid Leave for All Workers Act. Governor Pritzker has indicated that he will sign the bill into law, which will go into effect in January of 2024. The Act requires nearly all employers to give employees a minimum...
Read More
Just before Christmas, President Biden signed into law an omnibus bill dubbed the “Secure Act 2.0,” which included a workplace retirement access package designed to add new savings plans and reshape some of the rules and restrictions governing most 401(k) plans. Background Congress passed the Secure Act in 2019, which raised the Retired Minimum Distributions...
Read More
Pursuant to the memo “Deferring Payroll Tax Obligations in Light of the Ongoing COVID-19 Disaster,” employers will be allowed to defer the withholding, deposit, and payment of the employee portion of Social Security taxes if the employee’s bi-weekly pre-tax pay is less than $4,000. The IRS issued additional guidance for employers in implementing the payroll...
Read More
Overview and discussion of the key provisions of the CARES Act and how they may affect businesses
Read More
IRS guidance to employers about the documentation employers need to collect from employees requesting COVID-19-related paid leave, as well as documents employers should maintain for tax credit purposes.
Read More
UPDATED April 1, 2020, to reflect IRS expanded application of payroll tax credits for employersUPDATED March 19, 2020, to reflect that President Trump signed H.R. 6201 into lawUPDATED March 18, 2020, to reflect passage of H.R. 6201 by the U.S. Senate Originally published March 17, 2020 In response to the coronavirus (COVID-19) outbreak, President Trump...
Read More
Though Indiana property taxes remain due by May 11, 2020, Gov. Holcomb issued Executive Order #20-005 requiring all Indiana counties to waive delinquent payment penalties for property taxes paid on or before July 10, 2020.
Read More
UPDATED March 23, 2020, to reflect Kentucky’s adoption of income tax relief announced by IRSOriginally published March 20, 2020 In light of the COVID-19 pandemic, the IRS announced that individuals and businesses will be given 90 extra days to file their Federal income tax returns and pay any tax liabilities resulting therefrom. The due date...
Read More
The SECURE Act of 2019 makes substantial changes to the taxation and distribution of IRAs and retirement benefits. How does it affect your estate plans? KDDK tax and estate attorney Mark S. Samila explains.
Read More
1 2 3 5