As the US Government persists in finding new ways to increase tax revenue, taxpayers must continue to look for legitimate options to reduce their tax liability both now and in the future. Tax reduction strategies are often focused on delaying the payment of tax into future years so that …Read More
Community First Bank & HFG Trust Receive 2019 Business on a Roll Award
Aristotle once said, “The whole is greater than the sum of its parts.”
While he may not have been referring specifically to the business world, the concept certainly applies: The output of a good team often …Read More
Unprecedented fiscal stimulus. Extraordinary money creation. Historically low interest rates. Troubling meat shortages. Prices only have one way to go: Up! Right? Wrong.
Watch out for deflation.
Fiscal stimulus increases the quantity of goods and services demanded; money printing devalues the dollar; low interest rates lead to overheating economies; and …Read More
End of life decisions are some of the hardest and most emotional decisions you will ever make. As you take the time to consider your family, friends, and belongings, the process can be very overwhelming. The principal benefit of an estate plan is the preparation of a clear vision of …Read More
During periods of extreme market volatility, like we’ve had during the first quarter of 2020, wise long-term investors will find ways to channel their angst (over things they can’t control) into taking a strategic look at their accounts for potential long-term tax planning opportunities.
For those of us who have …Read More
Account Sense Founder and CEO, Jennifer Mitchell, is more than a business owner. A runner, leader, and lifetime learner, the walls of her office reveal the many events, professional and personal, that one might expect to see …Read More
Entering the real world as a career driven adult fresh out of college is one of the scariest steps I have ever taken. I attended school, earned good grades, graduated from college—now what? I’d spent my whole life knowing exactly what my next steps were until I suddenly found myself …Read More
The Coronavirus Aid, Relief, and Economic Security (CARES) Act is an approximately $2 trillion emergency fiscal stimulus package created to help ease economic effects resulting from the global pandemic, COVID-19.
The following is a high-level overview of some of the act’s key provisions as they pertain to individuals and small …Read More
A significant benefit included in the CARES Act for small business owners is the Paycheck Protection Program (PPP), a partially forgivable loan program offered through the Small Business Administration (SBA). The Paycheck Protection Program is designed to provide a direct incentive for small businesses to keep their workers on the payroll …Read More