Disaster Tax Relief and Airport and Airway Extension Act of 2017 Archives

Disaster Tax Relief and Airport and Airway Extension Act of 2017

Tax Breaks in the New Hurricane Legislation for Employers and Taxpayers

by Diane Morgenthaler and Ruth Wimer | Nov 14, 2017 | Employee Benefits, Employment

The Disaster Tax Relief and Airport and Airway Extension Act of 2017 provides a new favorable tax credit for eligible employers affected by recent hurricanes, as well as expanded charitable deductions and tax credits for certain taxpayers. Continue Reading.

New Hurricane Legislation Grants Additional Distribution, Withdrawal and Loan Relief for Certain Retirement Plan Participants

by Alan D. Nesburg, PC, Diane Morgenthaler, Ruth Wimer and Stephen Pavlick | Nov 9, 2017 | Employee Benefits, Retirement Plans

The new Disaster Tax Relief and Airport and Airway Extension Act of 2017 provides additional relief and flexibility for retirement plan participants impacted by recent hurricanes, including relaxed rules for plan distributions, withdrawals and loans.