Financial Planning Insights

The Paycheck Protection Program has assisted many small businesses in these difficult COVID-19 times. The Small Business Administration, together with the Treasury Department, have been able to provide this under the CARES Act. Second Draw PPP Loans are now available. Application acceptance for these loans began on January 13, 2021. Second Draw..

The past few months have taken a toll on many of us—whether through the loss of a job, a loved one, building anxiety and concern for finances, or the future of our world—we are all feeling it. There are very few people who haven't felt the effects of the current environment. Perhaps the most concerning is those who are nearing retirement age but..

The coronavirus has wreaked havoc on the economy and particularly on small businesses. The CARES Act was enacted and signed into law on March 27, 2020. The PPP program is being implemented by the Small Business Administration supported by the Department of the Treasury. The program was designed to help small businesses (as defined by the Small..

COVID-19 has changed the way we live and work. For most people, our lives have gotten more 

COVID-19 has affected everyone. We miss our loved ones, many have lost their job, or had a reduction in pay or hours. Parents are making tough choices about schooling options. The demand and price of certain items have us all scratching our heads as to why it is happening. Most of all, the future seems uncertain and we need some advice on where to..

COVID-19 has changed the way many small businesses operate. Depending on the type of business you have, you may have had to shut down while the country was in lockdown. If you operate an essential business, you have been able to stay open, but not without significant operational changes—which can affect your cash flow in COVID-19 times. Having..

COVID-19 has negatively impacted most people. There are very few of us who can say their financial situation has improved in the face of this pandemic. Whether it is a loss of a job, stock market investments, or the loss of a loved one, we are all feeling it in one way or another. So we are all asking the question of how to recover from financial..

Times have changed, and taxes have too. In a world where wearing a mask is common and, frequently, mandated, we can all see the differences COVID-19 has made. From closing businesses to skyrocketing unemployment numbers to new CDC guidelines for just about everything—Americans are learning to adjust and regroup. The new CARES Act is providing..

For most people in the United States, the first half of 2020 has been like nothing they have ever seen before. Health issues as a result of the Coronavirus have resulted in businesses closing or reducing the number of employees that they need. This has led to high unemployment and the stock market going to its lowest point since 2008. As the..

If you've applied for and received the Paycheck Protection Program (PPP) Loan, you might be wondering what's next? Here's what you need to know to take the next steps: