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Here are your articles for Monday, March 02, 2020
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March 31, 2020 Deadline to Correct 403(b) Plan Defects

403(b) plans only have until March, 31 2020 to comply with IRS regulations regarding plan provisions either by amending and restating their existing plan or adopting a pre-approved plan.  Click through for more information regarding the deadline.

Governor Ned Lamont Discloses a Series of Legistlative Proposals

Governor Ned Lamont unveiled his revised budget proposals for the 2020 legislative session and continues taking steps to strengthen Connecticut's economy.  Click through for more information regarding the Governor's proposals.

IRS Proposed Regulation for Income Tax Withholding and Revised Form W-4

IRS issued new Form W-4 and proposed regulations regarding withholding rules.  Click through for more information about these changes.

What is Your Risk of an Audit? The Results May Surprise You!

With fewer tax examiners available to audit tax returns, the IRS has refocused their approach to audits.  Your chances for an audit may have increased.  Click through for more information.

IRS Clarifies Deductible Expenses

The Internal Revenue Service has updated the rules to reflect changes resulting from the Tax Cuts and Jobs Act. Click through to zero in on changes involving deductible expenses, to make sure you're in compliance.

5 Tech Trends for the Next Decade

The past decade saw major advances in the use of technology and the 2020s are likely to see even more. Click through to read about leading trends that are poised to have a significant impact on businesses.

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CironeFriedberg, LLP
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Our firm provides the information in this e-newsletter for general guidance only, and does not constitute the provision of legal advice, tax advice, accounting services, investment advice, or professional consulting of any kind. The information provided herein should not be used as a substitute for consultation with professional tax, accounting, legal, or other competent advisers. Before making any decision or taking any action, you should consult a professional adviser who has been provided with all pertinent facts relevant to your particular situation. Tax articles in this e-newsletter are not intended to be used, and cannot be used by any taxpayer, for the purpose of avoiding accuracy-related penalties that may be imposed on the taxpayer. The information is provided "as is," with no assurance or guarantee of completeness, accuracy, or timeliness of the information, and without warranty of any kind, express or implied, including but not limited to warranties of performance, merchantability, and fitness for a particular purpose.
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