Thousands of small businesses have been forced to close shop for good as a result of the COVID-19 virus despite emergency loan programs. A key component to survival for small businesses during the pandemic has been the ability to reach clients despite lockdowns and...
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What We Know About the Payroll Tax Deferral Program Based on Guidance from the IRS
In August President Trump issued an Executive Order to create a temporary deferral of payroll taxes beginning September 1, 2020 through December 31, 2020, but details were lacking. The IRS recently released official guidance in the form of Notice 2020-65, but there is...
Retirement Planning During a Pandemic: How to Keep Long-Term Finance Goals on Track
It seems like COVID-19 has rattled just about every aspect our lives, from everyday tasks and errands to financial planning and retirement planning. In such a tumultuous time it can be challenging to set financial goals, especially where retirement is concerned....
How to Create Long-Term Revenue for Your Business
Business growth is always exciting, but it’s not always sustainable as each business weathers fluctuating seasons. Strategic growth can help your business become more productive and successful over time, even during periods of slow revenue intake. Read on for some...
Saving vs. Investing: When to Do Each and How to Find the Balance
While saving and investing are both important in helping you achieve a more secure financial future, you need to know when to save and when to invest. The difference between the two depends on your financial goal, time frame, and the amount of risk you’re willing to...
What Could Be Included in the Next Stimulus Package?
When Congress returns to Washington on July 20th after a two-week recess it will begin working on legislation for a second stimulus package. General consensus is that a second package will indeed move forward, but there are still a lot of unknowns. Here’s what the...
Relaxing PPP Rules—How the PPPFA Affects Businesses
The Paycheck Protection Program Flexibility Act (PPPFA) was passed by Congress earlier this month, which modified some of the original points of the PPP program. Read on to learn how these modifications will affect businesses with a PPP loan moving forward....
