In the News: A pandemic doesn’t stop cybercriminals
In today’s Marietta Daily Journal, Bil Lako, CFP®, Bil Lako, CFP®, shares the story of an investor who almost lost over $90,000 because his investment account was compromised.
Employers Can Defer Payroll Taxes
One of the benefits included in the COVID-19 epidemic stimulus package is the ability for an employer to defer payment of the employer’s share of certain federal payroll taxes.
Working from Home During the COVID-19 Outbreak? It Probably Won’t Save You Much on Your Taxes
In this strange and disorienting period of isolation due to the COVID-19 pandemic, many workers who’ve been told to work from home are wondering whether they’ll be eligible for that additional tax benefit.
Coping with Market Volatility: Be Willing to Take Advantage of Market Downturns
A volatile market is never easy to endure but learning from it can better prepare you and your portfolio to weather and take advantage of the market’s ups and downs.
Risk Tolerance
Principal Bil Lako, CFP®, explains that when investing for your future, you have to be comfortable with a certain level of risk.
Expanded Guidance for Recontributing 2020 RMDs
The IRS has extended the 60-day rollover window that may allow IRA account holders who have taken an RMD for 2020 to recontribute funds now that RMDs are waived for the year.
Employee Retention Credit Pays for Keeping Employees on Payroll
Businessowners must carefully consider which tax benefit or combination of tax benefits works best for their particular set of circumstances, particularly the choice between the retention credit and the SBA paycheck protection loans, since a business cannot qualify for both.
In the News: Should you consider a Roth conversion during this market downturn?
In the Marietta Daily Journal, Bil Lako, CFP®, Bil Lako, CFP®, explains how you may be able to convert stock shares at depressed prices to a Roth IRA for future tax-free growth.
CARES Act: Deferral of, Changes to, Limits on Excess Business Losses
We explain the CARES Act’s retroactive postponement of, and changes to, the limits on excess business losses.
Self-Employed and Independent Contractors Qualify for Unemployment Benefits
Under the CARES Act, unemployment benefits are now available for self-employed individuals, independent contractors and others who are unable to work because of the coronavirus emergency.