Filter By Category:
New PPP Rule Changes Forgiveness Application Process
One of the lingering questions about the Paycheck Protection Program (PPP) has been what will be required during the forgiveness application process. On October 8, 2020, the SBA released the Interim […]
Read MoreWhich College Savings Avenue is Best? 529s vs. Roth IRAs
While a 529 plan is considered the ideal college savings tool, there are other vehicles can help parents save for college expenses, too, including the Roth IRA. Which one (or […]
Read MoreHow to Report the Impacts of a Disaster on Your Financial Statements
Business owners have learned a lot during this year of the COVID-19 pandemic. One unexpected lesson is how to report the impact of a disaster on your company’s financial statements. Under […]
Read MoreIs It Time to Review Your Estate Plan?
How many of you review your estate plan at the end of each year? While an annual review is recommended, very few of us actually do that. Now, with COVID-19 […]
Read MorePPP Loan Recipients May Face M&A Restrictions
If your business received a PPP loan and is now considering a merger or acquisition, you need to check that the activity is allowed under the SBA regulatory guidelines. PPP […]
Read MoreAdding a REIT to Your Investments
This year’s stock market has been quite the roller coaster ride, and many people craving a sense of stability. If volatility makes you worry, it’s important to maintain a diversified […]
Read MoreTraditional IRA Distributions
Hopefully you have worked hard to accumulate a nest egg in your traditional IRA. Understanding the distribution rules is critical, however, as some of these rules have temporarily changed under […]
Read MoreSBA Provides Clarification in PPP Interim Final Rule
Whether this is actually a “final” rule will have to be seen, but here’s what you need to know from the Interim Final Rule on Treatment of Owners and Forgiveness of […]
Read MoreYou May Want to Consider Business Property Upgrades
While many businesses are tight on funds right now, those that can, and need to, might want to consider upgrading their business properties in 2020. When the Tax Cuts and […]
Read MoreLife Insurance Loans: Risk-Benefit Analysis
Many people have been severely impacted by the economic downturn triggered by the COVID-19 crisis. Whether through job loss or some other factor, quite a few have found themselves in […]
Read MoreGiving to Your Favorite Charities in a Time of Crisis
The COVID-19 pandemic has created a great deal of emotional and financial stress. It has also generated a far higher demand for charitable action. If you can continue donating during […]
Read MoreIRS Tax Refund Interest to be Paid to 13.9 Million Americans
Not surprisingly, due to coronavirus shutdowns and a delayed tax deadline, tax return processing was slower this year, which meant that tax refunds were paid out more slowly than usual. Due […]
Read More