With the passing of the CARES Act, Congress made new distribution and loan options available within 401(k) plans, IRA’s, and other types of employer sponsored plans. These new distribution options will provide employees and business owners with access to their...
On March 27, 2020, Congress officially passed the CARES Act which includes the SBA Paycheck Protection Program. This program offers loans to small businesses that can be forgiven if certain conditions are met. A special note, this SBA program is separate from...
The Coronavirus containment efforts have put a lot of small businesses in a very difficult situation. Some businesses have been forced to shut down altogether, while other businesses are working at a reduced capacity. To help, Congress recently released...
One of the most challenging aspects of starting a new business is finding the capital that is needed to support your expenses as you begin to build up a revenue stream since it’s not always easy to ask friends and family for money to invest in a startup...
When you sell a stock, mutual fund, investment property, or a business, if you have made money on that investment, the IRS is kindly waiting for a piece of that gain in the form of capital gains tax. Capital gains are taxed differently than the ordinary income...
Parents always want their children to succeed financially so they do everything they can to set them up for a good future. They set up a savings account for them, teach them about money and budgeting when they grow up, and then they even help them find the best credit...
