Wealth Transition and Succession Planning: Best Practices for Businesses During COVID-19
COVID-19, Personal Finance, Small Business, Succession Planning, Tax PlanningRegardless of the type of business you're running, it's safe to say that you've likely already been impacted by the ongoing COVID-19 pandemic that is making its way across the globe. With no complete end to the situation in sight, many have…
IRS Extends the Opportunity to Defer Capital Gains
2020 Due Dates, 2020 Stimulus Package, 2020 Tax Laws, Capital Gains, COVID-19IRS Extends the Opportunity to Defer Capital Gains
Article Highlights:
Tax Benefits
Investment Period
Qualified Opportunity Zone Funds
Qualified Opportunity Zones
Deferral Period
10 Year Election
As part of tax reform…
Compare the Potential Tax Plans of Trump v. Biden
2020 Tax Laws, COVID-19, US NewsAs the November elections approach, you might want to know what the two front-running presidential candidates’ tax plans for the future are. The following is an overview of their positions, at least what is known now. However, the political…
We're Officially in a Recession, So Make These 5 Money Moves Now
COVID-19, Recession TipsIt has been more than ten years since the United States’ economy has gone through a recession, and when the National Bureau of Economic Research announced in June that we have officially entered another, it hit many Americans like a body blow.
The…
How to Protect Yourself Against Coronavirus-Related Fraud
2020 Stimulus Package, COVID-19The global coronavirus pandemic has changed every single facet of our world – from the way we work to how we live our day-to-day lives – and we have been forced to quickly adjust to a new normal.
Unfortunately, there are those out there…
20 Tips for Working From Home
COVID-19, Working From Home- TipsWe found this great article on PCMag. by Jill Duffy and wanted to share… Great tips for working from home!
The outbreak of the coronavirus has more people working from home than ever. If you're new to working remotely, these tips from a…
5 Tips for Marketing During Covid-19
COVID-19, Marketing, Small BusinessFrom Mike Kappel on Forbes Small Business Blog
If you’re like many business owners out there, the coronavirus pandemic has rocked your world. According to a SHRM study, 62% of small businesses say they have experienced a decrease in revenue…
Second stimulus check payment schedule: How fast could the IRS send your money?
2020 Stimulus Package, COVID-19From CNET Personal Finance
If a final coronavirus relief bill passes, your second stimulus check could arrive more quickly than it did in the first round. We worked out some potential dates for when it could happen, based on what…
What President Trump’s Executive Order Means for You
2020 Stimulus Package, 2020 Tax Laws, COVID-19, Tax Credits, Tax Planning, Tax Tips, UncategorizedWe are still waiting for the dust to settle on what President Trump’s executive orders mean for taxpayers and business owners. There is a lot of talk about legal challenges and how Congress may react. But here is a summary of what we know…
What Led to Congress Extending the Paycheck Protection Program?
2020 Stimulus Package, Accounting, CARES Act 2020, COVID-19The economic uncertainty created in the outset of the Coronavirus pandemic was unprecedented, to say the least. This is a big part of the reason why, soon after the spread began, Congress took steps that were equally drastic - they passed the…