Blog
PPP Loan Expenses Are Now Tax Deductible
If you or your business received funds from the Paycheck Protection Program (PPP), the recently passed Emergency Coronavirus Relief Act of 2020 will help to dramatically cut your tax bill. Here’s what you need to know.
Seven Tips For Financial Wellness In 2021
Here are seven tips to help you become more financially fit.
December Market Update
We hope you are doing well. Here is a recap of market performance for the month of December, and 2020 year-to-date. Stocks had another positive month in December. US small cap outperformed large cap and international stocks, which were also positive. Bonds were relatively unchanged. As you can see from the table above, all four of the major benchmarks we track had solid returns for 2020, despite high levels of volatility at the beginning of the year.
Ideas For Better Savings Rates
Before the housing bubble burst in 2008, you could find high yield savings accounts that were paying rates over 5.0 percent. Today? These same banks are paying less than .10 percent.
Using Depreciation to Control a Loan Forgiveness Tax Surprise
Bonus depreciation and Section 179 expense can be a valuable tool to help you manage your business' profit margin this year. Here are some thoughts to consider.
A Happy Banker Makes for a Happy Business
With the onset of COVID-19, small business banks are more nervous about potential loan losses than ever. Here are several tips for your business to maintain a great working relationship with your lender. These same tips can also be used if you want t
Common IRS Surprises
No one likes surprises from the IRS, but they do occasionally happen. Here are some examples of unpleasant tax situations you could find yourself in and what to do about them.• An expected refund turns into a tax payment. Nothing may be more def
Turn Your Home Office Into a Tax Deduction
If you are working from home for the first time in 2020, you may be wondering if your home office is tax deductible. The bad news? If you’re working from home for an employer, you normally can’t deduct your home office expenses.Here&rsquo
Noember Market Update
We hope you are doing well. Here is a recap of market performance for the month of November, and year-to-date:
Retirement Savings Tips for Small Business Owners
As an owner of a small business, you’ve proven that you’re a self-starter by operating a successful private enterprise. Of equal importance is applying your skills towards saving for your future. Here are some of the most popular tax
Steer Clear of Money-Making Scams While You're Stuck at Home
Scammers are targeting people looking to make money while stuck at home.
November Mid-Month Update
We hope you are doing well. Here is a recap of market performance for the month of November so far, and year-to-date: For the month, stocks are significantly higher, with US small cap and international stocks up double digits. US large caps are also firmly positive, while bonds are slightly up. For calendar year 2020, the S&P 500 remains the leader, and bonds are second best.
How to Walk the Tightrope When Raising Prices
Raising prices can be fraught with risk during good economic times. So what happens if you try to raise prices during bad economic times?
Saving Too Much Can Sometimes Be Expensive
When it comes to money topics, you’re always hearing how to save more. But even with the best of intentions, you can run into trouble when you try to save too much. Here are four ways that savings can get in your way and how you can correct
BWC Approves $5 Billion for Ohio Employers
On November 2, the Ohio Bureau of Worker’s Compensation (BWC) Board of Directors approved Governor Mike DeWine’s request to send $5 billion in dividends to Ohio employers to ease the continued impact of COVID-19 on Ohio’s business c
October Market Update
We hope you are doing well. Here is a recap of market performance for the month of October and year-to-date:
How to Build Your Emergency Fund - When You Have No Money
This year’s pandemic highlights the importance of having enough money set aside in an emergency fund to cover six to nine months of key expenses should you lose your job.
Generate Business Buzz With a Press Release
When crafting your business's marketing strategy, don't forget about developing a relationship with the press. Although newspapers and magazine circulation has drastically decreased over the past 20 years, the demand for content still exists via onli
Don't Make These Business Website Mistakes
Your company’s online presence leaves a lasting impression—positive or negative. When people check out your homepage, will they stick around? Will they buy? Will they return? Make your website easy to use and current, and new orders may b
October Mid-Month Update
We hope you are doing well. Here is a recap of market performance for the month of October and year-to-date:
The Lowdown on the Great Autumn Gourd
Corn might be the king of U.S. crops, but pumpkins are always in demand this time of year by kids and others celebrating fall’s festivities. Here are several interesting tidbits about one of America’s favorite fall gourds.
Switching Jobs? Here's What To Do With Your 401(k)
Suppose you’re switching jobs if you were furloughed because of the pandemic or you’re simply searching for greener pastures. If you have a 401(k) from your soon-to-be former employer, you must decide what to do with your retirement accou
Some W&H Good News!
In the famous words of Albus Dumbledore, “Happiness can be found, even in the darkest of times, if one only remembers to turn on the light.” Even though he’s a fictional character, he makes a good point. Considering how 2020 has had
Year-End Tax Savings
Fall is finally here! As 2020 draws to a close, it’s important to keep tax planning strategies in mind. Grab your favorite pumpkin-flavored drink, and let’s take look at some important potential tax savings:
Beware Scams Targeting Seniors
Financial scams targeting seniors can get quite scary. Thieves are more clever than ever, often posing as banks, creditors, or government agencies to steal personal and financial information. Recently, the US Senate Committee on Aging has identified
Retirement Planning: A Holistic Approach
As part of our commitment to continual learning, advisors often participate in events designed to sharpen our skills and keep updated with what’s new. Tracy recently attended the InvestmentNews Retirement Income Summit Virtual Event. Tim sat do
Third Quarter 2020 Market Update
In the third quarter, stocks continued to go up, regardless of where you looked. US large cap, small cap, and international stocks all increased. Bonds lagged behind, but still had positive returns.
Is a Tax Trap Lurking in Your Paycheck?
Does your paycheck look a little higher than normal? If so, it could be a tax trap.
2021 Archive
2020 Archive
