7 Personal Finance Tips for Freelancers and Gig Workers
We offer 7 personal finance tips that can benefit every person working as part of the freelance and gig economy.
LTC Insurance vs. Hybrid Life Insurance: Comparison
An important part of any retirement strategy involves factoring in the potential expenses associated with long-term care. For many years, people have purchased long-term care insurance to help cover some of those costs. However, over the past decade, other insurance products have become available that combine life insurance with some type of accelerated and/or extended…
American Rescue Plan Act: Stimulus Payments Approved
As one of several government measures intended to help financially stressed citizens, a third, much-anticipated economic impact payment (EIP) was approved by Congress.
Is Now The Time To Buy Gold?
With what appears to be endless fiscal stimulus and rising volatility in the stock market, many investors are asking themselves if they should be investing in gold. The precious metal is often seen as a safe-haven from economic downturns; however, the basis for that argument is merely because it is a widely held belief. Like cash without the erosion of inflation, gold ownership is thought to be a way to store economic value.
What to Do if You Receive an Incorrect 1099-G
We explain what to do if you received a 1099-G for unemployment benefits you didn’t receive.
What Is a Joint Venture?
When multiple business entities make a decision to start a new business together as a cooperative arrangement, they form what is known as a joint venture. In creating a joint venture, each of the involved entities agrees to what assets they will contribute, how they are going to distribute income and share expenses, and how the new entity will move forward.
A Financial Wellness Plan Can Help Pave the Road to Retirement
If we’ve learned any lesson over the past year, it’s that no matter how carefully we plan and prepare, we’ll likely encounter unexpected hurdles. While a global pandemic has certainly underscored the need to pay close attention to our physical wellness, it has also revealed the need to shore up our financial wellness. According to…
Solar Tax Credit Extended for Two Years
Thinking about going solar? There’s a lot to consider before making the final decision. Is it worth it, and is it the right financial move for you?
Employee Retention Credit Extended
To help trades and businesses to retain employees and keep them employed during the COVID-19 crisis, the Coronavirus Aid, Relief, and Economic Security (CARES) Act created the Employee Retention Credit for 2020. As part of the Consolidated Appropriations Act, 2021 (CCA), the credit has been extended through June 2021.
Interaction between PPP Loans and the Employee Retention Credit
The Consolidated Appropriations Act, 2021 (CCA), which was passed by Congress and signed by the president late last December, included a very tax-beneficial provision that liberalized the interaction between PPP loans and the Employee Retention Credit (ERC).