This week, we are going to discuss some of the tax issues from the coronavirus.Recognizing that people were told to stay at home to promote social distancing, the federal tax deadline was moved back to July 15 from April 15. Pennsylvania state income taxes were also changed to this ...
Everyone in the country has to deal with the coronavirus. It has crashed the stock market over 30%. Unemployment is going from the lowest in 50 years to possibly the highest. Everyone has to help by social distancing, remaining at home and washing our hands numerous times every day. The ...
Wow! The stock market has officially become a bear market.The Dow has dropped about 30%. It is hard to believe that just a month ago, we were reaching new stock market highs. This is not like 2008 when the source of the problem was caused by lending money to unqualified people to buy property ...
The Covid-19 coronavirus hit China a few weeks ago. While it was a new strain of virus, it was related to some others we have dealt with in the past. It has been estimated that about 80% of the cases are relatively mild.Some people have compared it to the flu. While most of us are not medical ...
On Tuesday, the Federal Reserve lowered interest rates another half a point. I think this should cause great concern. The Fed has two main jobs. When the economy is overheating, they take actions such as raising interest rates to slow it down. If it cost more to borrow money, people will make ...
I recently was in Las Vegas on a business trip. During my journey, I witnessed several things that apply to financial planning.The strip is lined with huge, beautiful casinos. Millions of people go to Vegas every year to try and win their fortunes. There are fabulous shows all over the place ...
