The first part of 2020 was rocky, but there should be better days ahead. Taking a close look at your finances may give you the foundation you need to begin moving forward. Mid-year is an ideal time to do so, because the planning opportunities are potentially greater than if you waited until the end of […]
Mid-Year Is a Good Time to Fine-Tune Your Finances Read More »
From The CDC.Gov Planning for hurricane season and other potential disasters can be stressful, and because the 2020 hurricane season comes during the COVID-19 pandemic, it may be especially so. Public health and emergency response professionals have advice to help you safely prepare, evacuate, and shelter for severe storms while protecting yourself and others from COVID-19.
Preparing for Hurricanes During the COVID-19 Pandemic Read More »
From the MiamiTimes The coronavirus may have cancelled the usual Sunday service, brunch or visit, but you can still spend time and share love. Whether you want to see your mom but can’t because of social distancing or the inability to travel — or you are distanced from your children or other loved ones — consider
10 Ways to Celebrate Mother’s Day While Social Distancing Read More »
The Coronavirus Aid, Relief, and Economic Security (CARES) Act was signed into law on March 27, 2020. This $2 trillion emergency relief package represents a bipartisan effort to assist both individuals and businesses in the ongoing coronavirus pandemic and accompanying economic crisis. The CARES Act provisions for retirement plan relief for individuals under federal tax
CARES Act: Retirement Plan Relief Provisions Read More »
From the Wall Street Journal The coronavirus stimulus legislation tweaked the rules for IRA payouts, so savers who make charitable donations from those accounts may want to shift their giving plans. It’s a confusing year for charitably minded seniors with traditional individual retirement accounts—and a good one to reconsider giving strategies. Recent law changes are
A New IRA Donation Strategy Now Can Increase Your Tax Savings Later Read More »
From Life Lock What is Happening? The Treasury Department and IRS announced that the automatic distribution of the upcoming economic impact payments has begun. These payments will be distributed automatically, with no action required for most people. You can learn if you are eligible and how any potential payment will be disbursed to you via
COVID-19 Economic Impact Payment Scams Targeting Taxpayers Read More »
From CNN.Com If there’s anything families around the world are demonstrating as we approach Passover and Easter, it’s the English proverb, “Necessity is the mother of invention.” With people under various restrictions on movement, including stay-at-home orders and self-isolation, families are devising alternative ways to observe the spring holidays. They include streaming online Easter church services,
How to Celebrate Easter and Passover During a Pandemic Read More »
The $2 trillion emergency relief package represents a bipartisan effort intended to assist individuals and businesses during the ongoing coronavirus pandemic and accompanying economic crisis. On Friday, March 27, 2020, the Coronavirus Aid, Relief, and Economic Security (CARES) Act was signed into law. This $2 trillion emergency relief package is intended to assist individuals and
CARES Act Provides Relief to Individuals and Businesses Read More »
Tax deadline for most individuals: Wednesday, July 15, 2020 Due to the coronavirus pandemic, the due date for filing federal income tax returns and making tax payments has been postponed by the IRS from Wednesday, April 15, 2020, to Wednesday, July 15, 2020. No interest, penalties, or additions to tax will be incurred by taxpayers during
Due Date for Federal Income Tax Returns and Payments Postponed to July 15 Read More »
While others may call themselves financial planners, only those who demonstrate the requisite experience, education, and ethical standards are awarded the CFP® mark.] A CERTIFIED FINANCIAL PLANNER™ professional or a CFP® practitioner is a financial professional who meets the requirements established by the Certified Financial Planner Board of Standards, Inc. While others may call themselves financial
What Is a CERTIFIED FINANCIAL PLANNER™ Professional? Read More »
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