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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 7 2021

A difficult decision: Choosing a guardian for your children

2021-05-07T11:42:33-04:00May 7, 2021|

If you have minor children, choosing a guardian to care for them should you die unexpectedly is one of the most important estate planning decisions you must make. It’s also one of the most difficult. So difficult, in fact, that avoiding it is one of the most common reasons [...]

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 [...]

Apr 22 2021

Lifetime Gift Tax Exemption: Use it or Lose it

2021-04-22T16:20:34-04:00April 22, 2021|

Newburg Staff Writers (4/23/21) The federal estate and gift tax limits that are in place right now are some of the most favorable in recent memory, however these conditions probably will not last. As such, it is important to take advantage of these favorable conditions while they are still [...]

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