Category: General information

Anxious Times

In a time of uncertainty, let us help you navigate the financial grey areas of your future. Together we can figure out a solid plan by looking at your financial picture, your goals and the implications of sending your kids to college, aiming for retirement, aging parents, inheritances, taxes on stock options, business planning, succession, … Continued

Understanding and Maximizing your PPP Loan Forgiveness

The SBA has come out with SOME guidance on the key issues that will determine the amount of loan forgiveness that a company will earn. Note that, while many questions are now answered, several questions are yet to be clarified. May 1, 2020 UPDATE: Today the IRS has issued guidance clarifying the treatment of PPP … Continued

Federal Reserve takes additional actions

“The Federal Reserve on Thursday took additional actions to provide up to $2.3 trillion in loans to support the economy. This funding will assist households and employers of all sizes and bolster the ability of state and local governments to deliver critical services during the coronavirus pandemic.” The April 9th, 2020 press release from the … Continued

COVID-19 and SBA Options For Self Employed Individuals

An SBA program for small businesses & the self-employed Self-employed individuals can start applying for this on Friday, April 10th, and there is a finite allocation of funds, so people that don’t respond in a timely fashion may find that it is too late to receive assistance at a later time.  The PPP loan is likely … Continued

Letter to Clients – 3.31.2020

Dear Clients: Due to the far-reaching impact of COVID-19 and the resulting delay in the Federal tax filing/payment deadline, over the next several weeks our staff will be prioritizing those clients impacted by state filing deadlines that have not been extended.  Additionally, many of our clients have reached out to us for guidance regarding the … Continued

COVID-19 SBA Resources

In these challenging times, we’re working to identify and understand the resources available to provide businesses with assistance. Informational Posters Employee Rights Under the Families First Coronavirus Response Act U.S. Small Business Administration SBA Disaster Assistance in Response to the Coronavirus The Three Step Process: Disaster Loans U.S. SBA Fact Sheet – Economic Injury Disaster … Continued

Tax Relief provided by the CARES Act

We hope that you are keeping yourself, your loved ones, and your community safe from COVID-19 (commonly referred to as the Coronavirus). Along with those paramount health concerns, you may be wondering about some of the recent tax changes meant to help everyone coping with the Coronavirus fallout. We’d like to update you on the … Continued

2019 Year-End Tax Planning Letter

  2019 Year-End Tax Planning Letter   Dear Clients and Friends, Although it has been almost two years since we have seen any major tax changes, there are a few changes for 2019 (and some prior year changes we are still getting used to) that you may want to consider as you plan for the … Continued

Protecting Our Loved Ones as They Age

As our loved one’s age, they become more vulnerable to financial abuse and potential fraud.  One of the best ways to ensure their protection is to document their wishes in advance and have a plan in place that is known by both their family and their trusted advisors. We hope you find the checklist helpful … Continued

Protecting Our Loved Ones Checklist

We hope you find the checklist helpful as you plan and care for your loved ones. Protecting Our Loved Ones Checklist Documentation: Date of Birth Current address Medical Insurance information (provider, policy number, plan type) Medical (“Advance”) Directive Current will or trust documents Power of Attorney Location of all financial information Contact List (Names and … Continued