Atlanta Financial is Proud to Now be a Part of Mercer Advisors!
Atlanta, GA, November 18, 2020 – Atlanta Financial is delighted to announce the appointment of Chris Blackmon, CFP®, CPA as Partner. Chris’s promotion from Senior Wealth Manager is in response to his personal contribution to the unprecedented growth within the firm.
On Tuesday, October 13, 2020, the Social Security Administration released important facts and figures for 2021 – including cost-of-living adjustments (COLA) for retirees and tax changes for the currently employed. As Social Security continues to contribute a large portion of monthly income for many, we thought this information would be timely.
Most of us have either filed or are wrapping up our 2019 tax filing by this point. A common question we receive is what will happen to taxes after the election? Government spending has increased (especially in response to COVID-19 packages) and an increase in revenues will be needed. Of course, finding consensus on where to increase taxes will not be likely. At Atlanta Financial Associates, we pay much attention to proposed changes and right now that is all they are, possibilities. Often, leaders float ideas to see what gains traction. A couple of the proposals being ‘floated’ right now include…
Each year the IRS releases a Top 12 or “Dirty Dozen” tax frauds and scams they are seeing in an effort to warn taxpayers of things to be on the lookout for. I read this each year and the list includes several of the usual suspects but also has some new additions. You can read the entire IRS list here (IRS Dirty Dozen 2020), but I wanted to highlight a couple of items that I believe are most relevant to our readers…
COVID-19 has impacted nearly every aspect of the economy. When President Donald Trump declared the virus a national emergency at the beginning of March, standards of living rapidly shifted: governors enacted stay-at-home orders, learning institutions closed and consumers suddenly faced unprecedented challenges.1 While the travel and tourism industry is seeing record lows, demand for staple foods and hygiene products has surged.
Help for small businesses continues to be a hot topic after the massive stimulus bill passed Friday, March 27th. Details of the available programs continue to be clarified but one of the programs for which we have fielded the most questions is the Payroll Protection Program. The Small Business Administration (SBA) has released the official application and will begin to process applications on Friday, April 3rd. These loans will typically be processed through an SBA approved bank (our experience has been that almost all banks of reasonable size are enrolled and will be processing these loans and applications).
Atlanta Financial Associates, LLC (“Atlanta Financial”) is a registered investment adviser offering advisory services in the states of Alabama, California, Florida, Georgia, Louisiana, Maryland, Mississippi, North Carolina, South Carolina, Tennessee and Texas and in other jurisdictions where exempted. Registration does not imply a certain level of skill or training. The presence of this website on the Internet shall not be directly or indirectly interpreted as a solicitation of investment advisory services to persons of another jurisdiction unless otherwise permitted by statute. Follow-up or individualized responses to consumers in a particular state by Atlanta Financial in the rendering of personalized investment advice for compensation shall not be made without our first complying with jurisdiction requirements or pursuant an applicable state exemption.
All written content on this site is for information purposes only. Opinions expressed herein are solely those of Atlanta Financial, unless otherwise specifically cited. Material presented is believed to be from reliable sources and no representations are made by our firm as to another parties’ informational accuracy or completeness. All information or ideas provided should be discussed in detail with an advisor, accountant or legal counsel prior to implementation. All investing involves risk, including the potential for loss of principal. There is no guarantee that any investment plan or strategy will be successful.
Copyright 2021 | All Rights Reserved | Privacy Policy | Customer Relationship Summary
