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Author Archives: Editorial Team

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IRS Outlines Changes to Health-Care Spending Rules Under CARES Act

Blog, Coronavirus, InsuranceBy Editorial TeamJuly 29, 2020

The IRS provided COVID-19 guidance for health Flexible Spending Arrangements and section 125 cafeteria plans related to high-deductible health plans through Notice 2020-29.

Business Owners: Don’t be Chum

Business Owner/Self Employed, Coronavirus, VideoBy Editorial TeamJuly 27, 2020

Chief Investment Officer Troy Harmon, CFA, CVA, explains why it is so critical that small businesses keep an emergency fund of cash on hand—much like a household should for unexpected expenses. Beyond keeping some cash squirreled away, business owners should always know these three things: your cost of capital, your asset values and current economic…

Pandemic Hasn’t Changed Trends in Long-Term Care Insurance

Case Study, Coronavirus, Featured, InsuranceBy Editorial TeamJuly 27, 2020

The “Money Talks” experts take an in-depth look at the changes that have been happening in the long-term care insurance market.

3 Things Every Business Owner Should Know

Business Owner/Self Employed, VideoBy Editorial TeamJuly 27, 2020

Chief Investment Officer Troy Harmon, CFA, CVA, explains why it is so critical that small-businesses keep an emergency fund of cash on hand—much like a household should for unexpected expenses. Beyond keeping some cash squirreled away, business owners should always know these 3 things: your cost of capital, your asset values and current economic conditions.…

PPP

What Led to Congress Extending the Paycheck Protection Program?

Blog, Business Owner/Self Employed, CoronavirusBy Editorial TeamJuly 24, 2020

With billions left to be distributed in Payment Protection Program money—why did Congress have to extend the PPP in the first place?

Financial Tip

The Shape of Economic Recovery

Blog, Coronavirus, Economy/Stock MarketBy Editorial TeamJuly 23, 2020

Most economists believe that GDP will turn upward in the third quarter, but it will take sustained growth to return the economy to its pre-recession level.

Tax Tip

Wealthy Taxpayers: 5 Strategies to Consider for Potential Tax Increases

Blog, TaxBy Editorial TeamJuly 22, 2020

Regardless of who wins the next election, with rising deficits, government spending skyrocketing, and revenue dropping due to the COVID-19 pandemic, taxes will surely go up in coming years.

CARES Act: 60-Day Rollover as Roth Conversion

Case Study, Coronavirus, RetirementBy Editorial TeamJuly 20, 2020

The “Money Talks” financial experts discuss a unique opportunity that 2020 brings—the ability to roll what would have been a 2020 RMD into a Roth IRA. They also cover the nuances of this move as well as why it may be beneficial to some investors.

In the News: CARES Act: 60-Day Rollover as Roth Conversion

Featured, In The NewsBy Editorial TeamJuly 17, 2020

In the Marietta Daily Journal, Bil Lako, CFP®, explains how 2020 provides a unique opportunity to take what would have been a 2020 RMD and roll it into a Roth IRA. Read the article here. Disclosures: The investments referenced within this article may currently be traded by Henssler Financial. All material presented is compiled from…

Small Business

5 Post-Pandemic Trends Shifting the Economy for Small Businesses Everywhere

Blog, Business Owner/Self Employed, Coronavirus, Economy/Stock MarketBy Editorial TeamJuly 17, 2020

Behaviors have changed during the Coronavirus outbreak. We list five of these that could end up being positives for small businesses moving forward.

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