The Incredible Penny

Here is the link to the 529 Plan cost calculator.  The link originated on the Utah 529 Plan but they are not the designer or responsible for the data.  It is accurate but I wanted to point that out because I did mention it in the video. https://tools.inviteeducation.com/tools/college_savings_estimator?client_id=209

Unemployment Update November 25th 2020. https://www.dol.gov/ui/data.pdf The initial claims for unemployment increased by 30,000 which is not surprising given the new restrictions for businesses around the country.  The market is at an all time high suggesting that unemployment may revert the trend back down toward pre-pandemic levels. The unemployment report is much different as an […]

The PPP Loan Application

In this video I’m talking about the Stimulus Package update with the Trump Executive Order on Unemployment. Which states are approved for the FEMA $300 unemployment and which states are approved for $400 unemployment. The minimum qualifications to receive the Executive Order Unemployment benefit is $100 from the existing state or federal unemployment benefits. The […]

IRS Family Help page   The SBA website, “5 reasons to hire your child.”   FLSA Child labor Rules   Rules for working under 14   Child labor exemptions from The US Department of Labor   How and where to apply for your businesses EIN on the IRS website.   The 17 Hazardous Occupations by […]

Here is the White House Memo on the Payroll Tax Deferral   Here  is the code for the Treasury Secretary Power to delay Payroll taxes 26 U.S. Code § 7508A. IRS site for CARES ACT section for deferral of employment taxes   Here is the tax code for social security 26 U.S. Code § 1401.Rate of tax

Here is the interview with President Trump on the second stimulus check July 29th 2020 https://myfox8.com/news/president-trump-says-second-stimulus-check-may-go-higher-than-1200/

here is the link to the second stimulus check calculator I used in the video.   https://www.masslive.com/coronavirus/2020/07/second-stimulus-check-calculate-how-much-money-you-could-get-from-the-heals-act-coronavirus-relief-bill.html

https://www.irs.gov/newsroom/irs-advice-for-those-who-missed-the-july-15-deadline-file-now-to-avoid-bigger-bill   https://www.taxslayer.com/tax-tools/tax-refund-calculator   File for Free Here