Monthly Archives: August 2020

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Charity Volunteer Tax Breaks

Article Highlights: Away-from-home travelLodging and mealsEntertaining for charityAutomobile travelUniformsSubstantiation requirements If you volunteered your time for a charity or governmental entity during the COVID-19 pandemic, you probably qualify for some tax breaks. These rules actually apply to all charity volunteers not just COVID-19 volunteers. Although no tax deduction is allowed for the value of services [...]

By |2020-08-25T21:05:48+00:00August 25th, 2020|Categories: Uncategorized|0 Comments

This is What Happens to Your Unpaid Debts If You Pass Away

According to one recent study, consumer debt in the United States was approaching an incredible $14 trillion as of the second quarter of 2019. Mortgage debt alone had increased by about $407 billion from a few years earlier in 2017, and credit cards themselves had crossed the $1 trillion mark during the same period of [...]

By |2020-08-24T22:45:16+00:00August 24th, 2020|Categories: Uncategorized|0 Comments

Wealth Transition and Succession Planning: Best Practices for Businesses During COVID-19

Regardless of the type of business you're running, it's safe to say that you've likely already been impacted by the ongoing COVID-19 pandemic that is making its way across the globe. With no complete end to the situation in sight, many have begun to try to settle into whatever this "new normal" actually is. They're [...]

By |2020-08-19T18:00:12+00:00August 19th, 2020|Categories: Uncategorized|0 Comments

We’re Officially in a Recession, So Make These 5 Money Moves Now

It has been more than ten years since the United States’ economy has gone through a recession, and when the National Bureau of Economic Research announced in June that we have officially entered another, it hit many Americans like a body blow. The dark financial times we experienced between December of 2007 and June of [...]

By |2020-08-11T19:56:32+00:00August 11th, 2020|Categories: Uncategorized|0 Comments