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What's in the New 2021 Stimulus Bill?

The American Rescue Plan Act has been much tweaked and much debated. But what's actually in it and who benefits from it? Click through for a summary of the main provisions of this landmark 600-page bill.

Federal Tax Date Postponed to May 17

The IRS has announced that the federal income tax filing due date, as well as any payments, for individuals for the 2020 tax year will be automatically extended to May 17. Click through to learn how this will work.

How Are Trusts Taxed?

Trusts are subject to taxation, but not in the same way businesses and individuals are. They have their own special rules, and both grantors and beneficiaries need to be aware of them. Click through for an introduction to trusts and taxation.

Cash Balance Plans: Defined-Benefit with a Twist

A cash balance plan is a twist on a traditional pension with some special provisions that can make it an attractive option for both companies and employees. Click through to learn how it works and how it can be a win-win choice.

ERISA: Your Retirement Rights

The term "ERISA" gets thrown around a lot, but what does it actually mean? How does it affect your retirement situation? Click through for an introduction to this important law, and a description of what it means for you.

Hiring in a New Era

Hiring in a post-pandemic world is a priority for many businesses. It is also a challenge because both the workforce and the workplace are different than they were before the pandemic. Click through to learn how to adapt to the new reality.

Kim & Lee
Kim & Lee, LLP
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Torrance, CA 90504
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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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