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News Articles
Articles for June, 2020
Tax and Financial News
IRS Questions and Answers on COVID-19 IRA and 401(k) Loans & Distributions
June, 2020
The CARES Act stimulus package substantially relaxed the rules around certain retirement account loan and distribution requirements, but with much confusion. As a result, the IRS recently put out a FAQ...
General Business News
Understanding the Federal Government's Proposal for Opening Up Again
June, 2020
After seeing a peak and then a sustained decline in coronavirus cases, hospitalizations and deaths resulting from COVID-19, the White House and the Centers for Disease Control and Prevention...
Stock Market News
Are Dividends Becoming a Luxury During the Coronavirus Pandemic?
June, 2020
According to the futures market, Chicago Mercantile Exchange contracts are forecasting a drop of 27 percent in dividends over 24 months for the S&P 500 index. Dividends are projected...
Financial Planning
Why Sequence of Returns Risk Matters Now
June, 2020
That year or two when you are closing in on your retirement date, followed by a year or two after you retire, are the worst times for a sustained market decline. Market analysts call this scenario the sequence of...
What's New in Technology
How IT Spending Will Change When Business Resumes
June, 2020
Most states are starting to relax stay-at-home restrictions. As such, businesses are developing plans for bringing employees back to work. Many businesses are already affected by the pandemic...
Guest Writer of the Month
Payroll Protection Program Loan Forgiveness is Here
June 2020
The first Payroll Protection Program (PPP) loans were made over eight weeks ago, which means they may be forgivable if the guidelines set forth by the Small Business Administration (SBA) and United States Treasury Department are met....
Tip of the Month
How to Stay Productive When Working from Home
June, 2020
Due to the unprecedented effects of COVID-19, the line between our professional and personal lives has blurred. Trying to take care of job responsibilities from home requires new ways of navigating. Here are a few ideas to help you...
Congress at Work
In the Wake of the Coronavirus Pandemic, Congress Passes the Most Expensive Single Spending Bill in American History
June 2020
Paycheck Protection Program and Health Care Enhancement Act (HR 266) – This is a multilayered legislative bill divided into four distinct sections. Phase 1 authorized...