Your Most Trusted and Valued Financial Advisors

COVID-19 Updates

More Important Updates – Paycheck Protection Program

Published on May 18th, 2020

The Small Business Administration has released a couple of additional key updates to the Paycheck Protection Program since our last news release.  In an effort to keep our clients and associates as informed as possible with the constantly-changing landscape of the PPP loan program, we have summarized a few key updates below; Possible Additional PPP […]

Beware of Scams Tied to COVID-19 Economic Impact Payments

Published on May 14th, 2020

The Internal Revenue Service (IRS) is warning you to be on the lookout for a surge of calls and email phishing attempts related to COVID-19. They will come in the form of emails, text messages, websites, and social media attempts that request money or personal information. It can come in many forms The IRS says […]

IMPORTANT UPDATE – PPP Loan Program

Published on May 13th, 2020

Today (May 13, 2020) the Department of the Treasury updated their Frequently Asked Questions regarding the Paycheck Protection Program.  FAQ #46 has been added to the existing FAQ’s to help clarify the potential audit risk for PPP borrowers. The PPP loan application requires that the borrower certify in good faith, among other assertions, that “current […]

Review IRA Beneficiaries Now

Published on May 13th, 2020

Lost in the media storm during the coronavirus pandemic is a law change enacted in late 2019 that eliminates an IRA withdrawal technique known as the stretch IRA. Here is what you need to know. Time to review beneficiaries It is important to review your retirement and legal documents. Key among this review should be […]

Get Your Money: Ensure You Receive a Stimulus Payment

Published on May 7th, 2020

The IRS has two websites to help with stimulus payments: One for non-tax filers to register to receive their economic impact payment and a new “Get My Payment” tool. Background As a response to the COVID-19 pandemic, the government is sending $1,200 to single taxpayers with income less than $75,000 ($98,000 with phaseouts). $2,400 is […]

Follow us on Facebook Follow us on LinkedIn Follow us on Twitter