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![[Video] Business Owners: When Does Incorporating Make Sense - Payroll Taxes](https://financialdesignstudio.com/wp-content/uploads/2020/05/fee-only-financial-advisor-payroll-tax-when-to-incorporate-589x328.png)
Business Owners: When Does Incorporating Make Sense – Payroll Taxes[Video]
So you have a business. How is it set up? From a legal perspective and from a tax perspective ie. payroll taxes. Let’s walk through a number of examples, real high level, letting you know the difference. This way when you are dealing with your own finances in your business, you know what is going…
Estate Planning During COVID-19
ESTATE PLANNING DURING COVID-19 Financial Design Studio Presentation – HEATHER WALSER, PARTNER AT LAVELLE LAW NO ESTATE PLAN IN PLACE If you become incapacitated or die with no estate plan documents in place, COURT intervention is required. Guardianship court appoints someone to make your medical and financial decisions. Probate court distributes your assets to your heirs…
![[Video] Financial Q&A Webinar- Retirement, Stimulus, Refinancing fee only financial advisor deer park barrington chicago](https://financialdesignstudio.com/wp-content/uploads/2020/05/Video-Financial-QA-Webinar-Retirement-Stimulus-Refinancing-fee-only-financial-advisor-deer-park-barrington-chicago-589x328.png)
Financial Q&A Webinar: Retirement, Stimulus, Refinancing [Video]
We recorded our session and are sharing it with you here. Please fast forward to listen where you want to if you like: Market & Economic Update: 1:00 minute mark CARES Act Update: 18:55 minute mark Question 1: 25:18 minute mark – I’m considering investing in gold for stability in retirement. Is that a good…
CARES Act: Mortgage Forbearance Request
CARES Act: Mortgage Forbearance Request Background: Another provision of the CARES Act, for keeping more funds in your pocket, allows for individuals with a mortgage to defer their mortgage payments for 90 days, and as long as 180 days. Timing: This is an immediate benefit you can receive. Benefits: If you have a federally backed mortgage…
CARES Act For Businesses: Payroll Tax & Net Operating Losses Loosened
CARES Act For Businesses: Payroll Tax & Net Operating Payroll Tax Payment Deferral Background: The “CARES Act” which was recently signed into law allows employers as well as those self-employed the ability to defer payroll tax or self-employment tax payments. Amount & Timing The payroll tax payments which are eligible for deferral begin on the…
CARES Act For Businesses: Employee Retention Credit
CARES Act For Businesses: Employee Retention Credit If you do not receive a loan from SBA as a result of the other portions of this law, you may be able to claim a very favorable tax credit. This is a refundable credit that goes against the businesses’ share of Social Security taxes, typically 6.2%. First hurdle:…
