A couple of days ago, President Trump signed into law a second stimulus package for COVID relief. This legislation includes $600 stimulus checks, more funding for the Paycheck Protection Program, along with some updates…
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Episode #56: Last Minute Retirement Plan: Tips & Tricks for 2020 Procrastinators
At the end of every year, some business owners face situations where they need to set up a last minute retirement plan due to numerous reasons. We dedicated this episode to reviewing how business…
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Episode #52: Top Year End Tax Planning Moves with Biden in the White House
After weeks of delay caused by legal battles surrounding the election, at this point, all signs point to the fact that Joe Biden will be inaugurated as the President of the United States of…
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How & Why to Open a Roth IRA For Your Kids
One thing all parents have in common is wanting what’s best for their kids. We all want to give our kids ample opportunities for success. We all want to keep them rooted in family values. …
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How & Why Asset Classes Compete With Each Other
Diversification is one of the first things most people learn about investing. The phrase “don’t put all your eggs in one basket” probably sounds familiar. At its core, diversification means that when we build a…
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Reviewing the Biden Tax Plan
With the election in November creeping closer, the campaign season is now in full swing. And the closer we get, the more details & campaign promises start to emerge from the candidates. Biden’s tax plan…
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Buy Sell Agreements Can Be the Best Insurance Policies
Risk management is a pretty common objective for small business owners. Once a business becomes viable, protecting what you worked so hard to build is usually a priority. As COVID-19 has shown us, so many…
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Your Business is an Investment
Quick anecdote to kick off today’s post. In a small town in the midwest there are two plumbers: Jim and Jason. Both are 50 years old, and both are married with two kids who will…
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More Updates to the Paycheck Protection Program: The PPP Flex Act
Another week, another round of updates to the Paycheck Protection Program. This week’s revision comes in the form of an entirely new (albeit brief) piece of legislation called the Paycheck Protection Program Flexibility Act of…
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How to Get Your PPP Loan Forgiven
We’re now about six weeks into the CARES Act and in round two of the Paycheck Protection Program. The $310 billion allotted to the program in round two is beginning to dwindle, but has lasted longer…
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