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  • January122021

    Presented by Matthew Glova and the teams at LifeTime Asset Management and LifeTime Tax Management. Strong December caps off solid year for markets Markets continued to rally in the final month of 2020. The Nasdaq Composite led the way with a 5.71 percent gain for the month. The S&P 500 gained 3.84 percent, and the ...

  • January112021

    Presented by Matt Glova and the LifeTime Asset Management team: Weekly Market Update, January 11, 2020 After little movement during the week of New Year’s, we saw significant steepening of the yield curve in the first week of 2021. The 10-year Treasury yield opened at 0.93 percent and closed just shy of 1.11 percent. This ...

  • January082021

    If you received PPP funds and have NOT yet applied for PPP loan forgiveness, please review these updates: Eligible paycheck protection expenses are NOW deductible (the loan is not income) Whether or not your PPP loan is forgiven will affect your 2020 NC tax return and may require an extension of your return If you ...

  • January082021

    Our team at LifeTime Tax Management has noticed that many of our clients are receiving notices from the IRS. The IRS data systems are set up to automatically send notices when payments or returns have not been posted to an account by a certain date. However, the IRS is currently very far behind in processing, ...

  • January082021

    Presented by Matthew Glova and the teams at LifeTime Asset Management and LifeTime Tax Management. Click here to download this article as a PDF. Wednesday, January 6, 2021, will be remembered in the history books—for a couple of reasons. First, while Congress met to count the inaugural votes, we anticipated that members from both houses ...

  • December302020

    Presented by Matthew Glova and the teams at LifeTime Asset Management and LifeTime Tax Management. Click here to download this article as a PDF. On December 27, 2020, President Trump signed the Consolidated Appropriations Act, 2021, into law. In addition to funding the U.S. government through September 2021, the Act provides additional relief for Americans ...

  • December302020

    Presented by Matthew Glova and the teams at LifeTime Asset Management and LifeTime Tax Management. Click here to download this article as a PDF. The Paycheck Protection Program (PPP) was created to provide loans to support small businesses and save jobs during the COVID-19 pandemic. New legislation seeks to offer opportunities for qualifying businesses to ...

  • December302020

    Presented by Matthew Glova and the teams at LifeTime Asset Management and LifeTime Tax Management. Click here to download this article as a PDF. Unemployment Benefits Basics The U.S. Department of Labor sets the national standards for unemployment benefits, and each state processes applications and determines its residents’ eligibility through its own program. Generally, most ...

  • December302020

    Presented by Matthew Glova and the teams at LifeTime Asset Management and LifeTime Tax Management. Click here to download this article as a PDF. With many individuals and families facing catastrophic hardships because of the COVID-19 pandemic, charitable giving to those most adversely affected has become increasingly important. The Coronavirus Aid, Relief, and Economic Security ...

  • December222020

    Congress has reached a deal for another coronavirus relief bill which is expected to be signed today by the President. The new bill will provide for additional relief / stimulus payments to be issued as early as next week and on into 2021. If you have previously received your 2019 refund by direct deposit, you ...

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