Blog Archives

What the New PPP Means for Your Business

1/28/2021

Enacted at the end of 2020, the Consolidated Appropriations Act, 2021, allocates $325 billion to small businesses, nonprofits and venues hit hard by the COVID-19 pandemic. Of that amount, approximately $284 billion goes toward the Paycheck Protection Program. The previous round of PPP funding ended earlier in 2020.

General Overview of Business Deductions

1/28/2021

Are there business deductions you can take advantage of? Yes, but first you have to make sure your expenses are truly business-related. The lines can blur, especially with a small business, because you generally cannot deduct personal, living or family expenses. However, if you have an expense for something that is used partly for business and partly for personal purposes, divide the total cost between the business and personal parts, and then deduct the business part.

Relief Bill Offers Provisions for Families and Children

1/28/2021

The second stimulus package (Consolidated Appropriations Act, 2021) includes $10 billion to provide immediate assistance to child-care providers and $250 million for the Head Start program. Who is in line for this aid? There are multiple recipients, as outlined below.

Estate Plan Building Blocks

1/28/2021

You may be convinced that you need an estate plan, but you're fuzzy about what it covers and even how to make one. One great place to start is to determine your net worth. Add up rough estimates of the values of your assets, including bank and investment accounts, jewelry, collectibles, cars and boats, as well as retirement plans. Don't forget the death benefit from your life insurance. Add to that any business interests or money owed to you and, of course, real estate.

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.

What the New PPP Means for Your Business

General Overview of Business Deductions

Relief Bill Offers Provisions for Families and Children

Estate Plan Building Blocks

Preparing for Retirement?

Relief Bill Contains Breaks on FSAs

The SEP-IRA: Just Right for Small Businesses

New Stimulus Has Plenty for Small Business

Newsletter articles are posted every 2 weeks.

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Newsletter articles are posted every 2 weeks. ​

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Newsletter articles are posted every 2 weeks.