Beware of These 3 Types of Coronavirus-Related Fraud
The IRS and other government agencies have noted a rise in scams and other fraudulent activities surrounding the COVID-19 crisis.
5 Money Moves to Make Now that We’re Officially in a Recession
In June, the National Bureau of Economic Research announced the U.S. is officially in a recession. It’s important to take steps now to prepare and protect your finances.
IRS Outlines Changes to Health-Care Spending Rules Under CARES Act
The IRS provided COVID-19 guidance for health Flexible Spending Arrangements and section 125 cafeteria plans related to high-deductible health plans through Notice 2020-29.
Business Owners: Don’t be Chum
Chief Investment Officer Troy Harmon, CFA, CVA, explains why it is so critical that small businesses keep an emergency fund of cash on hand—much like a household should for unexpected expenses. Beyond keeping some cash squirreled away, business owners should always know these three things: your cost of capital, your asset values and current economic […]
Pandemic Hasn’t Changed Trends in Long-Term Care Insurance
The “Money Talks” experts take an in-depth look at the changes that have been happening in the long-term care insurance market.
What Led to Congress Extending the Paycheck Protection Program?
With billions left to be distributed in Payment Protection Program money—why did Congress have to extend the PPP in the first place?
The Shape of Economic Recovery
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.
CARES Act Update: Additional Guidelines Regarding Coronavirus-Related Distributions from Tax-Deferred Accounts
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.
CARES Act: 60-Day Rollover as Roth Conversion
The “Money Talks” financial experts discuss a unique opportunity that 2020 brings—the ability to roll what would have been a 2020 RMD into a Roth IRA. They also cover the nuances of this move as well as why it may be beneficial to some investors.
5 Post-Pandemic Trends Shifting the Economy for Small Businesses Everywhere
Behaviors have changed during the Coronavirus outbreak. We list five of these that could end up being positives for small businesses moving forward.