Many of us don’t like the current state of the health insurance market. Let’s face it, health insurance is just too damn expensive and has high deductibles and stop losses. It is also hard on business, which is why many Republicans want to see the Affordable Healthcare Act (A.C.A., also known as Obamacare) eliminated by …
What does the potential elimination of the A.C.A. mean to you? Read More »
With many of us working from home cybersecurity threats have substantially increased. So what are the top threats… Ransomware is where hackers infiltrate a network or even your one computer finding valuable data and lock it up – demanding a ransom to get it back. Even worse, hackers are more likely to copy and leak …
The CDC just gave an order that bars residential landlords from evicting tenants for non-payment of rent if a tenant’s estimated 2020 income is no more than $99,000 (single) or $198,000 (married, filing jointly). Some states also have this order in place too. (California has an eviction moratorium till February 1 2021.) However despite this …
If you follow the CDC Guidelines: Your landlord can’t evict you. Read More »
1While you can no longer get the dischargeable PPP loan you still can apply to the SBA and get up to $150,000 low interest loan for your business. Just go on the SBA’s website to check it out. 2Most expenses related to PPP loans are NOT deductible: Getting a dischargeable PPP loan is a good …
You just got a nice refund from the IRS and probably go some sort of stimulus. So what is the best recommendations that you should do with this money. I will be publishing two per day this week. So keep reading and come back each day: Shore Up Your Emergency Fund Even if you’re working …
Get a decent refund? Here are some tips on putting that money to work for you. Read More »
I would bet that you haven’t heard of this before. The new Coronavirus law allows eligible employers, including self-employed contractors and other independent contractors who have employees to receive a nice 50% payroll tax credit up to $5,000 per employee (50% of $10,000 in wages) paid after March 12, 2020 and before January 1, 2021. …
More Money for You Under the Recovery Rebate Credit Read More »
The IRS has issued warnings about possible scams with respect to the economic impact payments to individuals that are contained in the Coronavirus Aid, Relief, and Economic Security Act (the CARES Act; the Act). Background Under the CARES Act, an eligible individual is allowed an income tax credit for 2020 equal to the sum of: …
Good News: It’s Not the IRS Calling – Bad News: It’s a Scam! Read More »
It was recently announced that tax day was moved from April 15 to July 15th. Thus, you have an extra three-months to file your tax return penalty free. Personally, I think you should still try to file by April 15th to avoid the rush and congestion on the internet. However, if you need to wait …
