Category: Government Rebates and Payments

If You Make Over $100,000 the SBA-PPP Stimulus Bill Could Mean a Pay-cut or your Job

Under the recently enacted $2 trillion Coronavirus stimulus bill (CARES ACT) small business owners have been afforded many provisions to help them stay in business and incentivize them to keep… Read more »

Why The Additional $600 Unemployment Insurance Benefit and Extension in 2020 is a BIG Deal And When It Starts Paying

Under the latest Coronavirus stimulus bill unemployment insurance has been extended by 13 weeks and boosted by adding $600 per week for up to four months, on top of what… Read more »

Enhanced 2020 Unemployment Insurance Benefit Payments and Extensions to Tackle Coronavirus Fallout

[Updated with latest provisions] Under the recently enacted $2 trillion Coronavirus stimulus bill (CARE) unemployment insurance coverage will be extended and supplemented as follows: Under a provision known as the… Read more »

$1300 to $2600 Additional Standard Deduction for Seniors Over 65 under GOP/Trump Tax Reform

As part of the GOP tax reform bill to support President Trump’s tax reform agenda there has a near doubling of the standard deductions that can be taken in 2018 and beyond…. Read more »

Obamacare Penalty or ACA Individual Mandate Repealed and Scrapped from 2019 – But Still Applies in 2017 and 2018

While Congressional Republicans were unable to muster the required majorities to pass several versions of House and Senate health care replacement bills, they were able to include a provision to… Read more »

Most Americans Will be Getting a Tax Cut and Larger Take Home Paychecks in 2018

The latest GOP tax reform bill will affect most Americans when it comes to their 2018 taxes (filed in 2019). While everyone has their own unique financial and tax situations the… Read more »

2018 401k and 403b Plan Contribution Limits Could Drop Precipitously Under Trump-Republican Tax Reform

401K and 403b limits have held steady or moderately increased over the last few years with more and more Americans using these tax advantaged employer sponsored vehicles to save for… Read more »