If you have recently transitioned to civilian life after serving in the military, you may feel uncertain what to do for a career if you’re not yet retirement age. For many veterans, starting their own business is an attractive and logical choice. This option is so popular among America’s veterans that nearly 10 percent now […]
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Stocks and real estate have long been popular investment options. This is true for everyone from the first-time investor to the person who has invested for years. Perhaps you only have the funds to invest in one or the other right now and feel unsure of what to do. As we head into the second
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The coronavirus pandemic upended the lives of all Americans, including millions of business owners, within a matter of days. With the crisis now entering its third month, you may have barely had a chance to catch your breath and adapt to the new reality. According to a recent article published in Forbes Magazine, however, accepting reality
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Like every other area of personal finance, the stock market during and after the coronavirus pandemic will look much different than it did before it. This first became evident in mid-March when the stock market took a huge one-day plunge to rates not seen since the national economic crisis of 2008. The uncertainty towards the
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In 2017, estate planning legislation passed by Congress made it easier for Americans to provide tax-free financial gifts to their children and grandchildren. That legislation granted a 40 percent levy to those with the largest amount of inheritance money. It also made more people eligible to avoid the gift tax and the United States estate
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It can fill you with pride and satisfaction to pass on money to a family member or a charitable organization whose mission you support. However, you must follow the proper steps to ensure the gifting is legal and that it doesn’t leave you on the hook for large estate taxes, capital gains taxes, or other
How to Give Away Your Money Legally While Reducing Your Tax Burden Read More »
You have a different mindset towards your investments in retirement than you did during your working years. Back then, you built your investment portfolio based on whether you felt comfortable with conservative, moderate, or aggressive risk. Now that you are no longer actively contributing, you probably feel more concerned with achieving consistent performance rather than
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It surprises some people to learn that anyone can make a starter investment, regardless of how much cash they have on hand. The first step is as simple as consciously thinking about your financial goals. Having specific targets makes it more likely you will make sacrifices if necessary as well as keep you on track
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These are the basic details of loans available to businesses. They are unbelievable unless regulations put limits on these loans: Many details to come. The original CARES act was 273 pages long, the bill as finally passed by the senate was 792 pages long. Who knows what all is in this? SUMMARY of CARES ACT: https://www.sbia.org/wp-content/uploads/2020/03/Keeping-Americans-Employed-Section-by-Section.pdf
The CARES Act Opens Floodgates to Free Money for Businesses Read More »
Preparing Your Business for the Effects of the Coronavirus – Emergency Business Planning With the rapid onslaught of the Coronavirus already disrupting business operations in the U.S., there are three ways you can face the future: panic, do nothing, or plan. As we work with business owners through these tough times, we know the best
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