Category Archives: Current Events

12 March 2020

Stay the Course of Your Financial Plan

For many of us, the feeling of uncertainty can be an uncomfortable one. Watching the market continue to dip day after day without knowing when or how a rebound will come can make some investors want to push the emergency … Continue reading

28 February 2020

A Snapshot of the 2020 Democratic Tax and Wealth Plans

We’re up, Massachusetts! This week MA voters are beginning to cast early ballots for the presidential primary. The big day, however, is Tuesday, March 3, where voters head to the polls to make their selection for a presidential candidate. But, … Continue reading

10 February 2020

The SECURE Act: Key Takeaways and Strategies to Consider

Over the past few years, we have seen some of the greatest shifts in tax legislation. And just as we are finally digesting the unprecedented tax reform changes of 2018, we now turn our attention to one of the most … Continue reading

7 January 2020

Important Tax Deadlines in January

Most of us are familiar with the matriarch of all tax days—April 15—but there’s other federal tax deadlines to be aware of as well to stay in compliance with the IRS. January 15 – 4th Quarter Estimated Taxes If you … Continue reading

27 December 2019

A Cheerful Economic Outlook this Holiday Season  

This year has been filled with retail cheer. While some economists are skeptical on the future uptick of our economy, this holiday season shows that more people are traveling and more people are spending. Consumers are expected to spend an … Continue reading

5 December 2019

10 Reasons Why Your Small Business Needs a Bookkeeper

With many small businesses thriving during the holiday season, this is the time of year that makes running a business exciting and enjoyable! This is also the time of year to reconcile books and prepare for tax season. How can … Continue reading

25 November 2019

Carving out the Economics of Thanksgiving

Thanksgiving officially kicks off the start to a holiday season filled with family, friends…and travel! Whether by plane, train or automobile, AAA predicts a record number of people on the road and in the sky this Thanksgiving with over 55 … Continue reading

30 October 2019

Halloween – A Trick or a Treat for the Economy?

Halloween is the second-largest commercial holiday and is certainly a real treat for kids and adults alike. Downtown Newburyport was a buzz on Friday night with costumed characters both small and tall filling the sidewalks to celebrate the candy-infused holiday. … Continue reading

5 August 2019

The SECURE Act – Potential Changes on the horizon to Retirement Planning

The House of Representatives has passed a bill with nearly 100% of the votes which may change the way we plan for retirement.  There are three key changes which will come into play if the current version of the bill … Continue reading

11 February 2019

The 20% Passthrough Tax Deduction for Small Businesses (IRS 199A)

At Erock, we have been consulting with small business owners since the late 1980s.  Many people have run their businesses as non incorporated Schedule C filers, while others have formed partnerships or S-Corporations for many differing reasons.  These “passthrough” taxpayers … Continue reading

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