This presidential election could very well be a flashback to the 2000 presidential election of Bush versus Gore. Does anybody remember the ‘hanging chads’? Bush was declared the early winner, but the Democrats contested the race, which was finally declared in Bush’s favor by the U.S. Supreme Court on December 12, 2000. With an unprecedented […]
In March of this year, Congress passed the CARES Act as part of a COVID-19 stimulus package of Economic Impact Payments that included $1,200 checks to eligible Americans plus $500 checks for eligible children. A couple with two children could receive up to $3,400. Not everyone was eligible for payments as phaseouts begin at $75,000 […]
As we enter the 4th quarter of 2020, uncertainty remains in capital markets related to Covid-19, elections, etc. While much attention is often paid to financial issues outside our control, investors should focus their energy on tax efficiency areas, which are within their control. Additionally, with potential tax increases/changes resulting from the November elections, emphasis […]
Due to the Covid-19 pandemic, and the unprecedented economic damage it inflicted, many lenders created deferment and forbearance relief programs to assist borrowers in their time of need. While this was welcomed relief for the unemployed and those suffering from severe reductions in income, consumers participating in these programs should understand what is expected of […]
When planning for your financial future, assumptions are one of the most critical factors in the process. While many assumptions are in our control, it is those out of our control that gets us in trouble. In the world of finance, there are no extra points for optimism or pessimism. To give yourself the highest […]