News

Getting a Jump Start on Your Taxes Could Impact Your Stimulus Check

Source: newsweek.com - Feb 2, 2021

Tax season is upon us and while it's smart to prepare tax filings well ahead of the April 15 deadline, it may be beneficial to wait to actually file the documents until President Joe Biden signs a... Read more >

Category: General Business

Will College Students Get a Second Stimulus Check? (Hint: It Depends!)

Source: kiplinger.com - Feb 2, 2021

A lot of college students (and their parents) were mad as hell back in March when they found out they weren't getting a $1,200 stimulus check. But now there's a second stimulus check of up to $600... Read more >

Category: General Business

What the federal student loan payment freeze means for your taxes this year

Source: cnbc.com - Feb 2, 2021

Forty-two million student loan borrowers have had a break from making their monthly student loan payments (plus interest) amid the pandemic since the CARES Act passed in March 2020. And with... Read more >

Category: General Business

Louisiana small business grant program cuts $262 million in checks

Source: theadvocate.com - Jan 30, 2021

The Main Street Recovery Grant Program cut more than 20,700 checks to small businesses across Louisiana totaling $262 million. Inside that figure, $162 million was awarded to minority, women or... Read more >

Category: General Business

How to make a budget for 2021 — essential tips for saving money

Source: tomsguide.com - Jan 30, 2021

The new year marks an ideal time to build and review your budget — a record of how much money you bring in and where you spend it. Most people have a firm sense of how much money they earn, based... Read more >

Category: General Business

Second Draw PPP Loans

Source: sba.gov - Jan 30, 2021

Notice: Paycheck Protection Program resumed January 11, 2021 at 9am ET SBA, in consultation with the U.S. Treasury Department, reopened the Paycheck Protection Program (PPP) for First Draw PPP... Read more >

Category: General Business

IRS Should Deliver Full Stimulus Payments To Those Who Owe Back Taxes, Urges Taxpayer Advocate

Source: forbes.com - Jan 30, 2021

Still waiting for your stimulus check (a.k.a. economic impact payment(s))? Owe taxes? You might not see a dime. What? Wasn’t the money supposed to come through when you filed your 2020 tax return... Read more >

Category: General Business

New Stimulus Expands the Employee Retention Tax Credit

Source: natlawreview.com - Jan 29, 2021

On December 27, 2020, President Trump signed the Consolidated Appropriations Act into law, which includes various forms of COVID-19 relief (the “New Stimulus Act”). Specifically, the New... Read more >

Category: General Business

Get ready for tax season: How your stimulus check will be categorized with the IRS

Source: cnbc.com - Jan 29, 2021

It’s already shaping up to be a confusing tax season, as millions of Americans are still waiting on their first and second stimulus checks from 2020, and the Senate pushes back on President Joe... Read more >

Category: General Business

Consolidated Appropriations Act deep dive: The Paycheck Protection Program and Employee Retention Tax Credit

Source: benefitspro.com - Jan 28, 2021

When the Consolidated Appropriations Act of 2021 (CAA) became law on December 27, 2020, it gave new life to two programs that have provided economic relief to American businesses from the early... Read more >

Category: General Business

What is Bookkeeping?

Source: corporatefinanceinstitute.com - Jan 28, 2021

Bookkeeping involves the recording, on a regular basis, of a company’s financial transactions. With proper bookkeeping, companies are able to track all information on its books to make key... Read more >

Category: General Business

Early pre-filed bills address sales tax holidays

Source: ktbs.com - Jan 28, 2021

BATON ROUGE, La. - Louisiana legislators are beginning to pre-file bills for the regular session that begins April 12. click source to read article Read more >

Category: General Business

8 Believe It or Not Tax Breaks

Source: kiplinger.com - Jan 28, 2021

As you struggle with your tax return, trying to come up with some extra deductions to pump up your refund or reduce what you owe, don't you sometimes think about taking a few flights of fancy?... Read more >

Category: General Business

Pay taxes now or later: How to choose the best retirement savings option for you

Source: cnbc.com - Jan 28, 2021

You know you need to save for retirement. Figuring out how to get started or finding the best plan may leave you befuddled. Yet it is important. By the age of 67, you should have 10 times your... Read more >

Category: General Business

The tax credit fix many can’t afford to miss

Source: neworleanscitybusiness.com - Jan 26, 2021

Families battered by the pandemic recession soon may discover that the tax refunds they’re counting on are dramatically smaller — or that they actually owe income tax. Congress offered a... Read more >

Category: General Business