What were your thoughts when you heard about the failures of Silicon Valley Bank? As this situation develops, many businesses will experience how other companies’ financial strategies and economic fluctuations can affect businesses. As you listen to thought leaders, you may conclude that business planning, development,...
It is reported that the U.S. Congress may vote on a COVID-19 relief package today. The below benefits interest a lot of Americans: 1. Enhanced unemployment benefits. 2. Direct stimulus payments. 3. Renewed funding for the Payroll Protection Program. 4. Extension of the eviction moratorium and rental assistance. 5. Increase...
The 2020 tax season ended on July 15. However, the tax year is in full effect. Most taxpayers account for their self-assessment tax obligation within a calendar year (e.g., January - December). Below are a few suggestions (limited scope) on how to prepare for the...
Most people do not look forward to the tax-filing season. Well and except, the thousands of professionals such as certified public accountants (CPAs) who enjoy providing you with tax solutions such as planning and preparation. Note the below reasons why filing your income tax return...
Do you have a lot of things to do? If you search Google, it may describe an “always busy” person as an eager beaver, ball of fire or busy bee. You got to love Google, right? Personal matters vary from one person to the next...
Believe it or not, wealthy people lose money. They do not like those occurrences. Money is a tool used to exchange goods and services. Its power to purchase those goods and services changes. Notice the below best practices that can help you use money more...
Have you heard the phrase “it would take an act of Congress” to get something changed? Well, Congress acted in December 2017 and passed the Tax Cuts and Jobs Act. Most taxpayers such as individuals and businesses are affected by this legislation. Below are three tax law changes that...