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Category Archives: Blog

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Jun102020
Paycheck Protection Program Flexibility Act Becomes Law

Paycheck Protection Program Flexibility Act Becomes Law

Blog, Business Owner/Self Employed, Coronavirus, TaxBy Editorial TeamJune 10, 2020

Let the changes begin! As we have mentioned in previous articles, there would be guidance on the CARES Act related to the forgiveness of Paycheck Protection Program (PPP) loans. Buckle up, as the changes are now here. The Paycheck Protection Flexibility Act was introduced by the House on May 26 and was approved by the…

Jun102020

Don’t Fall Prey to This New Scam Targeting CFOs and Bookkeepers

Blog, CybersecurityBy Editorial TeamJune 10, 2020

One of the most common types of scams these days technically doesn’t involve any hacking but can cost your business time and money.

Jun82020

Think Twice Before Speculating on a COVID-19 Cure

Blog, Coronavirus, Investment SelectionBy Editorial TeamJune 8, 2020

Headline-induced price swings suggest that investors are making investment decisions driven by hopes and fears, and possibly based on limited information.

Jun52020

7 Tips to Keep Your Business Afloat During COVID-19

Blog, Business Owner/Self Employed, CoronavirusBy Editorial TeamJune 5, 2020

COVID-19 has had an unprecedented impact on all aspects of American businesses, but perhaps none have been as severely affected as small business owners. Surviving this disaster will require more than just time: you will need to take a pragmatic view of what has happened and what steps you are willing and able to take…

Jun42020

Drug and Alcohol Addiction Treatments May Be Tax Deductible

Blog, TaxBy Editorial TeamJune 4, 2020

Generally, drug and alcohol addiction treatment expenses are tax deductible as itemized deduction medical expenses.

Jun32020
Importance of Estate Planning in COVID-19 Times

Importance of Estate Planning in COVID-19 Times

Blog, Coronavirus, EstateBy Editorial TeamJune 3, 2020

Concerned how your Advance Directives or Do-Not-Resuscitate Orders may affect you in the event of COVID-19 and the use of ventilators?

Jun32020

Couples and COVID-19: 5 Ways to Work Together to Protect Your Finances

Blog, Coronavirus, Family FinancesBy Editorial TeamJune 3, 2020

If you and your partner are among the millions whose finances have been impacted by current events, now is the time to make sure you have a plan in place to allow you to work together through the crisis.

Jun12020

2019 IRA Contribution Deadline Has Been Extended

Blog, Coronavirus, TaxBy Editorial TeamJune 1, 2020

You have until your tax return due date (not including extensions) to contribute up to $6,000 for 2019 ($7,000 if you were age 50 or older on December 31, 2019).

May292020

Businesses Score Big with these 3 Tax Benefits in the CARES Act

Blog, Business Owner/Self Employed, Coronavirus, TaxBy Editorial TeamMay 29, 2020

As part of the stimulus package to help offset the financial damage inflicted on businesses as a result of the COVID-19 crisis, rolled out some big tax benefits.

May282020
Your PPP Loan Forgiveness Will Probably be Less Than Anticipated

Your PPP Loan Forgiveness Will Probably be Less Than Anticipated

Blog, Business Owner/Self Employed, CoronavirusBy Editorial TeamMay 28, 2020

PPP loans are partially forgivable if used payroll–It may seem simple at first glance, but this is before taking into consideration all of the minutiae built into the loan forgiveness computation that will reduce the forgiveness.

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