Blog

Looking for Opportunities? Keep an eye here…

This month, we’ve been spending a lot of time focusing on – you guessed it – money.  One of the things that I see coming out of the current downturn is a lot of opportunity, especially for those who have … Read More

Featured Post

A Different Tip For Action Takers…

Look, it’s no secret that this economy is challenging entrepreneurs like never before.  Even in the midst of the meltdown in 2008-2009, we didn’t see anything like this.  Today, though, I want to share a simple tip that Is sure … Read More

Featured Post

Real Estate Corner

Maybe you’ve already seen how the volatility in the stock and cryptocurrency markets have drained a lot of value from people’s holdings and that’s true.  If you are one of those lucky enough to have dodged that bullet – or … Read More

Featured Post

How to Keep Your Finances Afloat

Look, let’s just be honest right now – people are struggling financially.  Yes, stimulus checks are continuing to go out and they are having an impact for millions of Americans. Despite that, times are still hard for a lot of … Read More

Featured Post

Saving a Little More…

No matter how you were impacted by the pandemic, it’s making finances hard for a lot of folks right now.  Mortgages not paid, rent payments missed, and car notes paid late.  One of the things most of us have to … Read More

Featured Post

Staying Stimulated

We’re in the midst of history and seemingly every small business is having the same worries… “How will we survive?” Let me tell you, the most critical thing you can do right now, as a small business owner, ids to … Read More

Featured Post

Individuals and Wage Earners Need to Watch Out for Scammers!

In the last month, the scammers have been working overtime.  With the COVID-19 crisis and literally billions of dollars in stimulus money available, many of the “classic” scams associated with tax refunds have been reimagined for the Coronavirus.  So, right … Read More

Featured Post

Choosing the Right Tax Preparer

It might seem silly that I’d send out an email to you about how to choose the right tax preparer, but think about it like this:  My team and I have nothing to hide AND, more importantly, we’d rather work … Read More

Featured Post

COVID-19 Stimulus Scams – Beware!

One of the biggest challenges we’re seeing as a result of the Coronavirus pandemic is one of the oldest – scams.  Just like the age-old IRS scams that creep up every year, the lure of easy money and desperate people … Read More

Featured Post

PPP Fund Now Depleted

The SBA program established by the CARES act PPP Paycheck Protection Plan has exhausted all funds. Banks began accepting PPP loan applications from small businesses and sole proprietorships on April 3rd. On April 10th self employed individuals and freelancers could … Read More

Featured Post

Calculate Your Stimulus Payment

This is called the economic impact payment by the IRS. The max per taxpayer is $1,200 and $2,400 per married filing joint couple. For each qualifying child there is an additional $500. The phase out starts depending on your filings … Read More

Featured Post

When Will My EIDL and or PPP SBA Loan Money Be In My Account?

There are some options for funding/ grants/ loans for small businesses out there. The SBA has 3 options. You can begin reading here. The 2 main ones you have been hearing about are the EIDL Economic Injury Disaster Loan and … Read More

Featured Post

COVID-19 is Even Affecting Net Operating Losses (NOL)

The Internal Revenue Service this week issued guidance providing tax relief under the CARES Act for taxpayers with net operating losses, in addition the agency issued tax relief for partnerships filing amended returns. COVID Relief for taxpayers claiming NOLsRevenue Procedure 2020-24 provides … Read More

Featured Post

IRS Extends More Tax Deadlines

The Department of Treasury and the Internal Revenue Service this week announced extensions of additional key tax deadlines for individuals and businesses. Last month, the IRS announced that taxpayers generally have until July 15, 2020, to file and pay federal income taxes … Read More

Featured Post

IRS Tool for Non-Filers to Receive the Economic Impact Payment

To help millions of people, the Treasury Department and the IRS launched a new web tool allowing quick registration for Economic Impact Payments for those who don’t normally file a tax return. The non-filer tool, developed in partnership between the IRS and the Free … Read More

Featured Post

Disaster Loan Assistance

COVID-19 ECONOMIC INJURY DISASTER LOAN APPLICATION For small businesses, 1099 independent contractors, and sole proprietors affected by the coronavirus there is a way to keep your business a float and maybe even keep everyone on payroll (including yourself) via the … Read More

Featured Post

COVID-19 and IRS Collections

The global pandemic of the novel coronavirus COVID-19 has wreaked havoc on everyone’s routine, schedule, and daily life. Many things are cancelled and many more are on hold. In my area the closings started on March 13 and have gotten … Read More

Featured Post

March’s Real Estate Corner…

Every week, it seems, I field questions from homeowners regarding using the equity in their homes to pay down higher interest debt like credit cards.  Essentially, this can be accomplished one of two ways – a second mortgage (or the … Read More

Featured Post

How Close Are YOU?

Okay, let’s be blunt – tax season is here.  W-2’s and 1099’s are on your desk or in your paperwork and it’s time to face the music.  Are you actually ready to file or are you procrastinating?  And if you … Read More

Featured Post

The Top Tax Scams of 2020

For years now, the IRS has keep a page open on its website called “The Dirty Dozen” and it’s simply a listing of the latest and most common tax scams used recently.  Of course, we monitor that page as well … Read More

Featured Post