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Roth Conversion in 2021?

Roth Conversion in 2021?

🖨 Print⏱ 4 min readIn 2020, a year when all income brackets benefited from lower tax rates, the stock market took a nosedive at the beginning of the pandemic. For investors sharp enough to see the opportunity, this was an ideal time to convert a traditional IRA into a Roth IRA. When you conduct a […]

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How Companies Can Become More Nimble During the Product Lifecycle

How Companies Can Become More Nimble During the Product Lifecycle

🖨 Print⏱ 4 min readThe majority of U.S. industrial product company CFOs have shared concerns that COVID-19 would impact their businesses negatively. For companies that develop and manufacture products, understanding the product lifecycle and how to work around crises like the COVID-19 pandemic can be effective to help improve the longevity and success of companies. […]

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Tax-Free Student Loan Forgiveness is Part of the Latest Covid-19 Relief Bill

Tax-Free Student Loan Forgiveness is Part of the Latest Covid-19 Relief Bill

🖨 Print⏱ 3 min readThe recently passed American Rescue Plan (ARP) Act of 2021 includes a provision making nearly all student loan forgiveness tax-free, at least temporarily. Before the ARP, student loan forgiveness was tax-free only under special programs. Before we look at the changes to come under the ARP, let’s look back at what […]

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Latest Stimulus Bill Provides More Relief for Americans and the Economy

Latest Stimulus Bill Provides More Relief for Americans and the Economy

🖨 Print⏱ 3 min readNearly one year after the COIVD-19 pandemic-driven shut-downs began the shutter the economy, Democrats pushed through another $1.9 trillion stimulus package by narrow margins, with the President set to sign the bill. The legislation is one of President Biden’s first major achievements and contains numerous provisions that impact millions of Americans. […]

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Securing Jobs for Cabinet and Congress Members, Inspector Generals, and Apprentices – and Honoring Capitol Police Officer Eugene Goodman

Securing Jobs for Cabinet and Congress Members, Inspector Generals, and Apprentices - and Honoring Capitol Police Officer Eugene Goodman

🖨 Print⏱ 3 min readTo provide for an exception to a limitation against appointment of persons as Secretary of Defense within seven years of relief from active duty as a regular commissioned officer of the Armed Forces (HR 35) – Prior to passage of this bill, a former service member could not be appointed as […]

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Some Businesses Rely on Line of Credit to Escape Damages Caused by Pandemic

Some Businesses Rely on Line of Credit to Escape Damages Caused by Pandemic

🖨 Print⏱ 3 min readAs businesses attempt to work their way through to a post-pandemic world, there are various means to bridge the financial gap. As recommended by the U.S. Small Business Administration (SBA), some companies can use a line of credit to reach international customers or opportunities outside the United States to make up […]

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Four Essential Questions You Should Ask Your Tax Professional This Season Related to COVID-19

Four Essential Questions You Should Ask Your Tax Professional This Season Related to COVID-19

🖨 Print⏱ 3 min readGood tax professionals ask the right questions to ensure they understand your situation and can help you to the best extent the law allows. Given the host of pandemic-related tax changes for 2020, it’s good to keep these four questions below in mind. If your tax preparer doesn’t ask these questions […]

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