by Lawhorn Team Professional | Apr 15, 2021 | Advice, Business Practices, Financial Planning
When you become a small business owner, you have to learn how to do a lot of things that you have never done before, such as managing staff, finances, and shipments. To successfully manage your finances, you must be able to create and maintain a small business budget....
by Lawhorn Team Professional | Mar 16, 2021 | Advice, Financial Planning
It’s never too early or too late to plan for retirement. Whether you just started working or you’re almost ready to retire, there are steps you can take to grow your retirement savings. The earlier you start, the better, but even if you begin saving later in your...
by Lawhorn Team Professional | Jun 10, 2020 | Business Practices, Financial Planning
“Never before has the NBER (National Bureau of Economic Research) so quickly designated the onset of a recession.” – CNN The coronavirus pandemic has upended every aspect of modern life, and it has now officially ended the longest period of economic expansion in...
by Lawhorn Team Professional | Jun 8, 2020 | Advice, Business Practices, Miscellaneous, Tax
Congress passed the Coronavirus Aid, Relief, and Economic Security (CARES) Act on March 27, 2020. The US Small Business Administration (SBA) received funding and authority through the Act to modify existing loan programs and establish new loan programs to assist small...
by Lawhorn Team Professional | Apr 10, 2020 | Advice, Financial Planning
401(k) plans are the bedrock of retirement planning and allow you to deduct savings from your salary while deferring taxes until you make a withdrawal. Previously, an individual had to wait until they reached retirement age (59.5 years old) to access 401(k) money or...
