In January 2025, Practical Guidance introduced a comprehensive array of new resources and updates across various legal practice areas, reflecting the dynamic nature of the legal landscape. This release...
A business entity that is treated as a disregarded entity for tax purposes is generally ignored for U.S. federal income tax purposes even though it is a separate legal entity for state law purposes. While...
Check out this practice note from Practical Guidance – Healthcare to understand the structural elements of a compliance program and plan for a healthcare entity. You will learn about the critical...
Don’t miss out on insights that could transform your financial strategies! Review this new practice note by A&O Shearman providing guidance for lenders and borrowers entering into or considering...
This client alert digest discusses the flood of executive actions issued by President Trump during the first week of his second presidency and their profound effect on the construction industry. Immediate...
As signed on December 29, 2022, the SECURE 2.0 Act contained provisions effective in successive years. One new feature starting in 2025 is the optional higher catch‑up contribution limit for participants who turn ages 60 through 63 during the year. These participants enjoy an expanded catch-up limit of $11,250, in addition to the regular salary deferral limit of $23,500. That permits this age group a top deferral of $34,750. Learn more about the impact on participants in other age groups, and when the IRS will require formal plan amendments.
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