Our Recommended Documentation for SBA Payroll Protection Program Loan Forgiveness
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
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
Principal Bil Lako, CFP®, explains that when investing for your future, you have to be comfortable with a certain level of risk.
Expanded Guidance for Recontributing 2020 RMDs
The IRS has extended the 60-day rollover window that may allow IRA account holders who have taken an RMD for 2020 to recontribute funds now that RMDs are waived for the year.
A Pandemic Doesn’t Stop Cybercriminals
Criminals don’t take a break during a pandemic. Learn how one client almost lost over $90,0000 because of malware!
Employee Retention Credit Pays for Keeping Employees on Payroll
Businessowners must carefully consider which tax benefit or combination of tax benefits works best for their particular set of circumstances, particularly the choice between the retention credit and the SBA paycheck protection loans, since a business cannot qualify for both.
In the News: Should you consider a Roth conversion during this market downturn?
In the Marietta Daily Journal, Bil Lako, CFP®, Bil Lako, CFP®, explains how you may be able to convert stock shares at depressed prices to a Roth IRA for future tax-free growth.
CARES Act: Deferral of, Changes to, Limits on Excess Business Losses
We explain the CARES Act’s retroactive postponement of, and changes to, the limits on excess business losses.
Is Your Insurance Carrier Offering an Auto Insurance Rebate?
With fewer drivers on the roads because of the shelter-in-place orders, many major insurance carriers are giving policy holders rebates in April and May.
Self-Employed and Independent Contractors Qualify for Unemployment Benefits
Under the CARES Act, unemployment benefits are now available for self-employed individuals, independent contractors and others who are unable to work because of the coronavirus emergency.