On June 5th, 2020, the Paycheck Protection Program Flexibility Act (PPPFA) was signed into law, with the hopes of easing concerns expressed by the small business community around the Paycheck Protection Program.

Are you a better-than-average driver? Chances are, you answered yes. That’s because nearly three-quarters of people think they are better-than-average drivers. Besides being mathematically impossible, this statistic is an example of overconfidence—and is just one illustration of how certain biases can influence our thought patterns.

Individual retirement accounts (IRA) are a cornerstone of many people’s retirement savings strategy, and for good reason: The ability to contribute pre-tax income—and to defer taxes until you start making withdrawals—means your savings can potentially grow more quickly than they could in a taxable account.

Our lives have certainly changed over the past couple of months. In a matter of days, our lives were flipped upside down. Almost all of us have experienced some type of financial loss, all while encountering the stresses of adapting to new ways of working and living.

Nearly all my divorcing clients have a great fear of racking up a bunch of legal fees to complete the divorce. They also fear the fighting that is so often associated with the divorce process.

Fear, uncertainty, volatility, panic—these emotions are nothing new to the world of investing. In fact, they seem to reappear on a fairly consistent basis.

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.

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.

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).

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.