This week on Grow Money Business we talk about a powerful long-term tax planning opportunity available to business owners. Employing your kids in your business gives you and your kids numerous benefits in terms of…
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Market Update: Q1 2021
We’re now nearly a full month into 2021, and stocks, bonds, and virtually all other asset classes continue to post excellent returns. The question is…..why? We’re at a point where the market seems to be…
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New Stimulus Checks & PPP 2.0! Everything You Need to Know About the New Stimulus Bill
It’s easy to forget, with everything happening in Washington D.C. in the last week, that we have a new stimulus package. After sitting on the bill for about a week, President Trump signed the Consolidated…
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Episode #57: A Breakdown of the New Stimulus Bill, Including PPP 2.0!
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 #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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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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