The American Rescue Plan Text

By Travis Sickle, CFP®, EA® | January 15, 2021 |

Here is the text for the American Rescue Plan.  We will have a video up here shortly breaking it down.   If you are a small business owner, self employed, independent contractor or on a marketplace plan you should take a closer look at the American Rescue Plan Act.  The new act has a marketplace…

Read More

PPP Second Draw Loan Requirements

By Travis Sickle, CFP®, EA® | January 14, 2021 |

A quick recap of the criteria that’s important. 25% reduction in revenue year over year or comparing any of the 4 quarters from 2019 to 2020. It’s a necessity that you actually need this money. You used ALL of the first round of the PPP money on APPROVED expenses. There is other criteria but these…

Read More

Stimulus Check and Stimulus Package Bill Text

By Travis Sickle, CFP®, EA® | December 30, 2020 |

Here is the text for the stimulus check and stimulus package that was signed by President Trump on Sunday December 27th, 2020. H.R.133 – Consolidated Appropriations Act, 2021   Page 784. Subtitle B—COVID-related Tax Relief Act of 2020.  This is the beginning of all the information covered for individuals and the pandemic relief. Page 784.…

Read More

Unemployment Update November 25th 2020

By Travis Sickle, CFP®, EA® | November 25, 2020 |

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…

Read More