Monthly Archives: May 2020

You are here:

Economic Impact Payments: Deadline to Provide Direct Deposit Info

Blog, Coronavirus, TaxBy Editorial Team May 11, 2020

The IRS announced Friday that time is running out for taxpayers to go to the Get My Payment website to enter their direct deposit information in order to receive an electronic economic impact payment (IR-2020-92). Taxpayers must enter their bank account information, if needed, by noon on Wednesday, May 13. After that date, any stimulus payments that have not been processed will be transferred to the Bureau of Fiscal Services for paper checks to be delivered, which the IRS estimates will arrive beginning in late May to early June.

Rebates Are Finally Flowing: Did You Get Yours? Was It Correct?

Blog, Coronavirus, TaxBy Editorial Team May 11, 2020

The IRS has finally started making those much-anticipated Economic Impact Payments. Did you get yours? Was it correct?

May 2020 Market Minute: COVID-19’s Effect on the U.S. Economy, Unemployment, and Business Reopenings

Coronavirus, Economy/Stock Market, VideoBy Editorial Team May 8, 2020

This month the Henssler Research Analysts are watching the unusually high unemployment numbers and the reopening of the economy.

In the News: A pandemic doesn’t stop cybercriminals

Cybersecurity, Featured, In The NewsBy Editorial Team May 8, 2020

In today’s Marietta Daily Journal, Bil Lako, CFP®, Bil Lako, CFP®, shares the story of an investor who almost lost over $90,000 because his investment account was compromised.

Employers Can Defer Payroll Taxes

Blog, Business Owner/Self Employed, Coronavirus, TaxBy Editorial Team May 8, 2020

One of the benefits included in the COVID-19 epidemic stimulus package is the ability for an employer to defer payment of the employer’s share of certain federal payroll taxes.

Reopening a Business After the Coronavirus Shutdown

Blog, Business Owner/Self Employed, CoronavirusBy Editorial Team May 7, 2020

As a business owner, there is a lot you need to consider before you reopen your doors. Our friends at Pritchard & Jerden compiled some best practices to consider before opening your business back up to the public.

Working from Home During the COVID-19 Outbreak? It Probably Won’t Save You Much on Your Taxes

Blog, Coronavirus, TaxBy Editorial Team May 7, 2020

In this strange and disorienting period of isolation due to the COVID-19 pandemic, many workers who’ve been told to work from home are wondering whether they’ll be eligible for that additional tax benefit.

Our Recommended Documentation for SBA Payroll Protection Program Loan Forgiveness

Blog, Business Owner/Self Employed, CoronavirusBy Editorial Team May 6, 2020

Documentation is going to play a big part in getting your PPP loan forgiven. Don’t wait eight weeks to start collecting proof. Here is our advice for starting now.

Coping with Market Volatility: Be Willing to Take Advantage of Market Downturns

Blog, Coronavirus, Personal Finance, RetirementBy Editorial Team May 6, 2020

A volatile market is never easy to endure but learning from it can better prepare you and your portfolio to weather and take advantage of the market’s ups and downs.

Risk Tolerance

Coronavirus, Investment Selection, VideoBy Editorial Team May 5, 2020

Principal Bil Lako, CFP®, explains that when investing for your future, you have to be comfortable with a certain level of risk.