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Posts by GRA News Blog

Calculate how much you’ll get from the $1,200 (or more) coronavirus checks

Over 80 percent of American adults will receive a payment The U.S. government is about to send checks — or direct deposits — to most Americans to help people survive financially as much of the economy shuts down in an effort to slow the spread of the novel coronavirus. Bipartisan legislation signed into law by President Trump would…

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5 Things To Know About The COVID-19 Stimulus Payments

The federal government is providing stimulus checks to Americans in the coming weeks. GETTY Editor’s note: The portion of this story related to claiming the stimulus payment based on you 2020 income has been clarified to make it clear that if you don’t get a check now, but qualify for a payment based on your…

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How to Take Advantage of New Estate Planning Opportunities Caused by the Coronavirus

A depressed market intersecting with the ongoing pandemic and current tax laws has given rise to potential tax benefits for those interested in reviewing their estate plans. The number of global coronavirus cases surpassed 900,000 on Wednesday—with more than 200,000 known infections, and a death toll that has quadrupled over the last week just in the United States. The health…

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Are You Feeling SECURE about Retirement?

The SECURE Act has changed a lot of the retirement rules we’ve been living by for years. Take a look at the most significant changes and see how you might be affected. Like most legislation these days, the Setting Every Community Up for Retirement Enhancement (SECURE) Act of 2019 has some good changes and some…

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CARES Act Drastically Changes Required Minimum Distribution Rules For 2020

GETTY The CARES Act essentially suspended required minimum distributions (RMDs) for 2020 across the board. However, there have been a lot of questions about what this means for those who already took out distributions, and the impact on taxes and inherited accounts. It is important to remember that the CARES Act is a relief bill,…

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Are forgivable loans the best option for your business?

“Did you hear? The SBA is giving away free money in the form of forgivable loans that small businesses don’t have to repay! This is a no-brainer, right?! What am I missing here?” Not so fast… Many small business owners across the country have probably heard one variation of the above quote—whether from friends, business…

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