About Mat Sorensen
Mat Sorensen is an attorney, CEO, author, and podcast host. He is the CEO of Directed IRA & Directed Trust Company, a leading company in the self-directed IRA and 401k industry and a partner in the business and tax law firm of KKOS Lawyers. He is the author of The Self-Directed IRA Handbook.
More From Mat Sorensen
News and Trends
HSA limits increase as well, while Traditional and Roth IRA limits remain unchanged.
The new guidelines remove calculation requirements and simplify supporting-document rules.
The smallest of small businesses may be able to avoid hassling with additional documents, worksheets and payroll/tax forms.
News and Trends
Most of the 2020 guidelines are in favor of savings-account owners and sole propietors.
Senate passes House bill that eases restrictions on how long businesses have to spend funds and how they can allocate them.
SBA Releases PPP Forgiveness Application and Makes Critical Clarifications and Documentation Requirements
There is now improved guidance on calculation methods, definitions of forgivable expenses and the documents that must be submitted with the forgiveness request.
PPP Loan Developments: Only $120 Billion Left, Favorable Forgiveness Guidance from SBA and IRS Tax Pitfall
Round 2 of small-business funding is winding down, and business owners are now facing tough decisions.
The new round will go even quicker, so those who missed out must choose the right bank and move immediately.
Many small-business owners have yet to even apply and worry that funds will run out.
Crisis Management Series
If you want to know more about the Paycheck Protection Program loan, check out this explainer made by lawyers.
Getting a bank to take your app and tabulating the total should be your biggest concerns.
It's the best funding option to keep employees on payroll and small businesses open.
The $2 trillion relief package provides penalty-free early retirement-account distributions and increases loan limits.