What Small Businesses Should Know About the CARES Act and the Paycheck Protection Program
The Paycheck Protection Program is a Small Business Association 7(a) loan available to small employers, self-employed individuals, and independent contractors. While SBA 7(a) loans have always been around, the CARES Act modified this loan to have the potential for loan forgiveness.
What Individuals Should Know About the Recovery Rebate Credit
The act provides payments to taxpayers in the form of a Recovery Rebate Credit. This is a maximum credit of $1,200 for each eligible individual (so $2,400 for two eligible individualswho file a joint return), plus $500 for each qualifying child.
What is The Families First Coronavirus Response Act?
We hear a lot about how to prevent the spread of the Coronavirus, but we often miss out on the guidance of what to do when our lives are already being impacted by it. One Act that the government has passed to help with this is the Families First Coronavirus Response Act (FFCRA).
What Individuals Should Know About the CARES Act
The CARES Act is short for the Coronavirus Aid, Relief, and Economic Security Act and is essentially a stimulus package to help individuals, families, and small businesses through these uncertain times.
What the SECURE Act Means for Your Retirement
On December 20th, 2019, the Setting Every Community Up for Retirement Enhancement (SECURE) Act became law. As the name implies, this law intends to make it easier for Americans to save for retirement.
How to Make Your 2020 Resolutions Stick
Making a New Year’s resolution is the first step to creating better habits. But making a New Year’s resolution and keeping a New Year’s resolution are not always the same thing. If you’re like most people, New Year’s resolutions are often long forgotten by mid-February, if not sooner
Don’t Miss These 6 Year-End Financial Planning Opportunities
Are your finances ready for the end of the year? December brings many deadlines and lists; there are gifts to buy, holidays to plan, and vacations to organize.
College Savings Plans: Breaking Down the Complexities
The increasing cost of higher education saddles many young adults with massive amounts of student debt. This student debt makes it harder to balance other important financial obligations such as buying a home, having a wedding, or starting a family.
Be Prepared: 7 Estate Planning Tips
No financial plan is complete without an estate plan. Estate planning covers all aspects of your life, from creating your will to planning medical decisions.