On Nov. 19, 2020, the Board of Governors of the Federal Reserve System (Federal Reserve), the Federal Deposit Insurance Corporation (FDIC), the Financial Crimes Enforcement Network (FinCEN), the National Credit Union Administration (NCUA), and the Of...

The Internal Revenue Service (IRS), along with the U.S. Treasury Department, released new guidance on Nov. 18, 2020, confirming fears and clarifying the expenses funded by an unforgiven Paycheck Protection Program (PPP) loan will not be able to be de...

Many people have Series EE savings bonds that were purchased many years ago. Perhaps they were given to your children as gifts or maybe you bought them yourself and put them away in a file cabinet or safe deposit box. You may wonder: How is the inter...

After occupational fraud has been discovered, some companies choose to quietly terminate the employee, hoping to cut the company’s losses, preserve its reputation and move on with daily business operations. This option, while quick and inexpensive,...

As the winter months approach and temperatures start to drop, snow and ice increase the number of road hazards for drivers. Despite keeping up-to-date with regular vehicle maintenance including oil changes and tire rotations, there are still opportun...

The Small Business Administration (SBA) issued two loan necessity questionnaires for Paycheck Protection Program (PPP) borrowers, together with their affiliates, with loans of $2 million or more. The questionnaires will be used to evaluate the good-f...

With the year-end quickly approaching, many U.S. taxpayers are beginning to explore the most optimal tax breaks and deductions to reduce their overall tax liability. One favorable tax deduction U.S. taxpayers should consider is a Health Savings Accou...

October 15 is the deadline for individual taxpayers who extended their 2019 tax returns. (The original April 15 filing deadline was extended this year to July 15 due to the COVID-19 pandemic.) If you’re finally done filing last year’s return, you...