IRA and Retirement Plan Limits for 2021
Many IRA and retirement plan limits are indexed for inflation each year. While some of the limits remain unchanged for 2021, other key numbers have increased.
11 Ways Biden’s Rescue Plan Might Impact Your Taxes
The anticipated cost of Biden’s American Rescue Plan, if all of the proposals are agreed to by Congress, is $1.9 trillion. We outline 11 proposals that may affect your taxes.
Congress Has Authorized a Second Round of PPP Loans
In the Consolidated Appropriations Act, 2021, is a second draw of forgivable Paycheck Protection Program (PPP) loans.
Revisiting the 4% Rule
Saving for retirement is not easy but using your retirement savings wisely can be just as challenging. How much of your savings can you withdraw each year? Withdraw too much and you run the risk of running out of money. Withdraw too little and you may miss out on a more comfortable retirement lifestyle. For…
COVID Relief Package Overview
We provide an overview of many of the tax provisions included in the Consolidated Appropriations Act, 2021.
A Business Plan Can Be Your Guide to Growth
Whether you’re a current business owner or a budding entrepreneur burning with the next great idea, one of the most important steps you can take on your road to success is creating a business plan.
Whenever Times are Worrisome, Go Back to the Basics
We can honestly say we never expected to see anything like we did on Jan. 6, 2021 in this country. Watching the appalling display at the Capitol leads to fear and anger. It can even lead to a feeling of helplessness.
Addressing Tax Problems Due to COVID-19
2021 might be the year you should ask a tax professional to help address some of the unique tax challenges that COVID-19 has caused for your 2020 taxes.
How COVID-19 Has Changed Consumer Behavior and the Future of Retail
The arrival of an effective vaccine could inspire some consumers, though it probably won’t be widely available until spring. Until then, consumers will likely spend more time at home.
What Will You Pay for Medicare in 2021?
Medicare premiums, deductibles, and coinsurance amounts change annually. Here’s a look at some of the costs that will apply in 2021 if you’re enrolled in Original Medicare Part A and Part B.