News & Updates

Preparing for Retirement?

1/13/2021

You did it. You made it to retirement. That light at the end of the career tunnel is within your reach now, and it's no bad days ahead. Sure, you're ready, you have trips planned in between days of no alarm clocks, and life is good. Before you slice the au revoir cake, here are a few last-minute retirement items to consider before the work party concludes.

Relief Bill Contains Breaks on FSAs

1/13/2021

The recently signed relief bill — the Consolidated Appropriations Act, 2021 — is letting those who have flexible spending accounts roll money over, which is a win for parents and those with live-in elderly loved ones.

The SEP-IRA: Just Right for Small Businesses

1/13/2021

An employer-sponsored retirement plan can be a great way for employers to show workers they care about employees' long-term financial prospects while giving workers a way to save on their taxes.

New Stimulus Has Plenty for Small Business

1/13/2021

The pandemic relief package (Consolidated Appropriations Act, 2021) gives a break to small businesses by reopening the Paycheck Protection Program so that some of the hardest-hit small businesses can apply for a second loan.

Research and Development in the Age of Covid-19

12/30/2020

Over the past 10 years or so, companies have spent trillions of dollars on research and development (R&D). To remain competitive after the Covid-19 pandemic ends, companies must continue making these investments. But they need to rethink how they do that.

Supply Chains of the Future

12/30/2020

Paid Sick and Family Leave: The Tax Rules

12/30/2020

As of this writing, 15 states and Washington, D.C., require paid sick leave, while eight states and Washington, D.C., require paid family leave. Many local governments also mandate paid sick or family leave.

Aid Package Signed Into Law

12/30/2020

The much discussed aid package has been signed into law after significant delay and controversy. We'll be revisiting this topic in the coming days as the details become clearer. Meanwhile, here are the key takeaways:

IRS Introduces the New Form 1099-NEC

12/16/2020

The IRS has introduced a new Form 1099-NEC, Nonemployee Compensation. It's a sibling to Form 1099-MISC and replaces it for certain purposes. You must file it for each person in the course of your business to whom you have paid at least $600 during the year for the following:

Don't Get Over Your Head in Investing

12/16/2020

One of the big investing stories of 2020 involved Robinhood and similar companies, which offer free or low-cost trades. Although such companies may claim to democratize investing, critics say these apps can "gamify" investing and encourage short-term excitement over long-term plans. For example, when users make their first trades, digital confetti falls in the app. It also includes a watch list of stocks for users to track. Robinhood's investment app stands out for offering a streamlined trading platform and free cryptocurrency trading. Its account minimum is $0.

<<Previous

Preparing for Retirement?

Relief Bill Contains Breaks on FSAs

The SEP-IRA: Just Right for Small Businesses

New Stimulus Has Plenty for Small Business

Research and Development in the Age of Covid-19

Supply Chains of the Future

Paid Sick and Family Leave: The Tax Rules

Aid Package Signed Into Law

IRS Introduces the New Form 1099-NEC

Don't Get Over Your Head in Investing

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Newsletter articles are posted every 2 weeks.