Apr 30, 2020 | Uncategorized
Five Business Essentials During COVID-19 Pandemic May 25, 2020 1. Keep Financials Up-to-date Understanding financials and keeping them up to date will show you if your business is in trouble. Understand 2-4 key drivers of profitability. Focus on cash and near cash...
Apr 30, 2020 | Uncategorized
Tax Savvy Moves to Consider During the Pandemic May 19, 2020 Who would ever have foreseen a time when petroleum companies would pay you to take their oil? This phenomena underscores the concept that within every problem there is opportunity. Here are some tax...
Apr 30, 2020 | Savings, Uncategorized
Ideas to Help Make Payments During Tough Times May 11, 2020 Here are 6 ways to get cash to help pay for your monthly expenses. 1. Apply for State Unemployment Benefits Recent federal legislation expands traditional state unemployment payments from 26 weeks to...
Apr 30, 2020 | News, Uncategorized
Ensure You Receive Your Stimulus Payment May 6, 2020 As a response to the COVID-19 pandemic, the government is sending $1,200 to single taxpayers with income less than $75,000 ($98,000 with phaseouts). $2,400 is being sent to married taxpayers with income less...
Apr 29, 2020 | Tax, Uncategorized
Key 2020 Coronavirus Tax Changes May 1, 2020 Early Distribution Penalty Waived The 10% early distribution penalty on up to $100,000 of retirement withdrawals for coronavirus-related reasons is waived during 2020. New tax rules allow tax liabilities on...
Apr 29, 2020 | Estate Planning, Uncategorized
Rules Changed for Your IRAs, RMDs and Estate Plan May 1, 2020 Many people’s estates typically include IRAs. Be aware that two major laws passed into law recently, the Setting Every Community Up for Retirement Enhancement (SECURE) Act and the Coronavirus...
