For PPP loan recipients concerned or confused about certifying the necessity of their loans, the SBA has issued guidelines which should provide clarity going forward. A central requirement for applying …
The Impact of COVID-19 on When to Claim Social Security Benefits
While COVID-19 won’t affect the amount you receive in Social Security benefits, it may impact when you decide to claim your benefits.  The COVID-19 pandemic has, in short order, upended the U.S. …
Market Update: Stocks Rally While the Economy Suffers
The Bureau of Labor Statistics released its job report this past week and while many knew it was going to be exceptionally bad, it is still shocking to read. The …
Business Interruption Coverage for COVID-19
With thousands of small businesses under siege, insurance companies are facing increasing pressure to cover claims for business interruption related to the pandemic crisis. Insurance companies have thus far resisted …
Market Update: A Historic Month for the Markets
While grim economic data shows the global economy heading toward a recession you wouldn’t know it by looking at the current stock market. The S&P 500 ended April up 12.7%—its …
IRS Says No Double Tax Benefit for PPP Loan Recipients
If you thought your business was going to deduct all those expenses you were planning to pay with a loan from the Paycheck Protection Program (PPP), you need to be …
