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Category Archives: Blog

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Jul232020
Financial Tip

The Shape of Economic Recovery

Blog, Coronavirus, Market CommentaryBy Henssler StaffJuly 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.

Jul222020
Tax Tip

Wealthy Taxpayers: 5 Strategies to Consider for Potential Tax Increases

Blog, Tax Tips, ViewpointsBy Henssler StaffJuly 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.

Jul202020
CARES Act Update: Additional Guidelines Regarding Coronavirus-Related Distributions from Tax-Deferred Accounts

CARES Act Update: Additional Guidelines Regarding Coronavirus-Related Distributions from Tax-Deferred Accounts

Blog, Business Tips, Coronavirus, Financial TipsBy Editorial TeamJuly 20, 2020

The IRS has issued guidance to assist employers and plan administrators on how to report coronavirus-related distributions and how individuals may report these distributions on their individual federal income tax returns.

Jul172020
Small Business

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

Blog, Business Tips, CoronavirusBy Henssler StaffJuly 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.

Jul152020
IRA 2020

Unique IRA Opportunities for 2020

Blog, 401(k), Coronavirus, Financial Tips, Tax TipsBy Henssler StaffJuly 15, 2020

From converting traditional IRAs to taking advantage of the RMD suspension for 2020, this year provides unique tax opportunities for those who have traditional IRA accounts.

Jul102020
Notice 1444

Don’t Throw Away That Notice 1444

Blog, Coronavirus, Tax TipsBy Henssler StaffJuly 10, 2020

If you’ve already received your economic impact payment, you’ve probably already received Notice 1444. Make sure you keep it, as you may qualify for a refundable credit on your 2020 return.

Jul92020
Will vs Trust

Will vs. Trust: 7 Key Differences

Blog, Financial TipsBy Henssler StaffJuly 9, 2020

Wills and trusts are common estate planning documents. While each can help in the distribution of assets at death, we outline seven key differences between the two.

Jul82020
Taxes

July 15th Deadline Is Fast Approaching, and it Isn’t Just for the 2019 Individual Tax Return

Blog, Business Tips, Coronavirus, Tax TipsBy Henssler StaffJuly 8, 2020

Due to COVID-19, the IRS extended the tax filing deadline to July 15th—but that tax deadline applies to other items!

Jul72020

Portfolio Performance: Choose Your Benchmarks Wisely

Blog, Coronavirus, Investment WhysBy Henssler StaffJuly 7, 2020

The desire to become a more disciplined investor is often tested by the arrival of your account statements.

Jul22020
Tax Tip

A Novel Way to Make COVID-19 Relief Donations

Blog, Tax TipsBy Henssler StaffJuly 2, 2020

You may be able to convert unused paid vacation time, sick leave and personal leave for cash payments that your employer can donate to COVID-19 relief charitable organizations.

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