Business Owners Have Tough Choices When Using PPP Loan Funds
The “Money Talks” Experts provide some insight for business owners who have eight weeks to use their PPP loan funds for payroll costs if they want the loan forgiven.
Rebates Are Finally Flowing: Did You Get Yours? Was It Correct?
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
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
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
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.
Working from Home During the COVID-19 Outbreak? It Probably Won’t Save You Much on Your Taxes
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.
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.
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.