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Jun 15 2021

Tax-favored ways to build up a college fund

2021-06-15T11:46:14-04:00June 15, 2021|

If you’re a parent with a college-bound child, you may be concerned about being able to fund future tuition and other higher education costs. You want to take maximum advantage of tax benefits to minimize your expenses. Here are some possible options. Savings bonds Series EE U.S. savings bonds [...]

Jun 10 2021

Help guide your family with a road map for your estate plan

2021-06-10T11:02:03-04:00June 10, 2021|

You’ve likely spent a lot of time working with your advisor to plan your estate. While documents such as your will, various trusts and a power of attorney are essential, consider adding a “road map” to your plan. Plot it out Essentially, the road map is an informal letter [...]

Jun 8 2021

Retiring soon? 4 tax issues you may face

2021-06-08T10:37:35-04:00June 8, 2021|

If you’re getting ready to retire, you’ll soon experience changes in your lifestyle and income sources that may have numerous tax implications. Here’s a brief rundown of four tax and financial issues you may deal with when you retire: Taking required minimum distributions. This is the minimum amount you must [...]

May 13 2021

Working in the gig economy results in tax obligations

2021-05-13T11:19:29-04:00May 13, 2021|

Before the COVID-19 pandemic hit, the number of people engaged in the “gig” or sharing economy had been growing, according to several reports. And reductions in working hours during the pandemic have caused even more people to turn to gig work to make up lost income. There are tax [...]

May 4 2021

4 reasons to revisit your powers of attorney

2021-05-04T09:24:42-04:00May 4, 2021|

Although much of estate planning deals with what happens after you die, it’s equally important to have a plan for making critical financial or medical decisions if you’re unable to make them for yourself. Carefully designed financial and health care powers of attorney allow you to designate a trusted [...]

Apr 30 2021

Restaurant Revitalization Fund (RRF) – Registration Opens Today

2021-04-30T13:26:48-04:00April 30, 2021|

Newburg Staff Writers (4/30/21) The Restaurant Revitalization Fund (RRF), authorized by the March Economic Stimulus Bill, will start taking applications for grants designed to assist impacted businesses today. The Bill set aside $28.6 billion to aid foodservice-related businesses who have been impacted by COVID-19. Friday, April 30: Impacted businesses [...]

Apr 27 2021

SBA Announces Start Date for Restaurant Revitalization Fund & Introduces New Supplemental Targeted Advance Grant Program

2021-04-28T07:24:32-04:00April 27, 2021|

Newburg Staff Writers (4/27/21) Restaurant Revitalization Fund (RRF) The Small Business Association (SBA) announced it will begin accepting applications for its $29 billion Restaurant Revitalization Fund (RRF) on Monday, May 3rd. The RRF was introduced as part of the $1.9 trillion coronavirus-aid package that became law last month. It [...]

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