Facebook, Twitter, Snapchat and other social media sites provide innovative ways to connect with friends, share recipes and even find your soulmate. Such sites are also a treasure trove for cybercriminals. Day in and day out crooks scan social media accounts to glean personal information. Their goal? Steal your identity and/or pilfer your bank accounts. […]
If you recently got married, plan to get married, or know someone who is taking the matrimonial plunge, here are some important tax tips every new bride and groom should know. Tip 1 Notify the Social Security Administration (SSA) with any name change(s). The IRS has a name match program with the SSA and will potentially […]
While investment clubs provide an opportunity for friends or family to meet, learn about investments, and make money, it’s best to treat a club as you would any other business relationship. Written agreement. Most clubs are formed as partnerships. Every partnership should consider adopting a written partnership agreement.This legal contract outlines how the business will operate […]
You’re scanning Facebook, catching up on a high school friend’s latest antics, when an offer pops up for free airline tickets. Within minutes, a similar message arrives in your email inbox. The claim? At no cost to you, you’ll get airline tickets enabling you to travel anywhere in the continental United States. To receive your […]
The secret to success in the stock market is to buy low and sell high. That’s much easier said than done, since an investor’s natural inclination is to buy a stock when it’s on the way up and to sell it when it’s on the way down. For the long-term investor, there’s one technique that […]
You’re not alone in trying to navigate the financial uncertainty during the coronavirus pandemic. 10 million+ American workers who lost their paycheck because of COVID-19 need to find creative ways to pay bills. Here are 6 ways to get cash to help pay for your monthly expenses. Apply for state unemployment benefits. Recent federal legislation expands […]
Who would ever have foreseen a time when petroleum companies would pay you to take their oil? This phenomena underscores the concept that within every problem there is opportunity. Here are some tax strategies to think about during the coronavirus pandemic. Look into Roth rollovers If you have high balances in tax-deferred retirement accounts, consider […]
An additional $484 billion in COVID-19 small business assistance is now available, including $310 billion in new money for the Small Business Administration’s (SBA) Paycheck Protection Program. Get your Paycheck Protection Program (PPP) loan application in now If your business has not already done so, you need to get your Paycheck Protection Program (PPP) loan […]
Non-filer tool launched by IRS The IRS recently announced the launch of web sites for non-tax filers to register to receive their economic impact payment and a new Get My Payment tool. Here is what you need to know. Background As a response to the coronavirus pandemic, the government is sending $1,200 to single taxpayers […]
With the COVID-19 pandemic dominating the news and creating havoc in many sectors of the economy, companies are going to need to be on their “A” game to survive and thrive. Here are five essential tasks to help you do this. 1. Bring financial statements up to date A clear understanding of your company’s current […]
