Banking & Finance


What kind of relief can you expect from the CARES Act?

A summary of some of the high points of the act will help you identify what kind of relief you can expect.

Families First Coronavirus Response Act: getting back to work

The FFCRA was designed with a focus on supporting employees amid COVID-19 while avoiding an undue burden on employers.

West Michigan shows economic resilience

Few have been financially unscathed in the wake of the pandemic. Yet, as West Michigan has proven time and time again when recessions hit, businesses in the region (although battered) weather the respective storms relatively well.

What should investors think about market volatility in the face of all the scary...

Financial markets have been very volatile over the last few days. In addition to election season being underway, all our lives are drastically changing...

Estate and tax planning ideas for a COVID-19 economy

The depressed values in the markets, low interest rates and historically high federal estate, gift and generation-skipping transfer tax exemptions have created some excellent opportunities for you to make impactful gifts to your family and generate potentially significant tax savings.

How to make good financial choices in uncertain times

In the face of uncertainty, it is still possible to make valuable financial decisions and doing so can help avoid permanently costly mistakes.

Increasing liquidity through a capital raise

Despite a likely shift to a more risk-averse credit market, numerous potential financing sources can help businesses through this uncertain time, including traditional bank lenders, private debt funds, family offices, mezzanine funds and private equity firms.

Wealth as a tool to build families up, not tear them down

In any family, wealth is a tool. Used wisely, wealth can fix problems and build opportunities for generations to come. Used irresponsibility, wealth has...

Growing your community through impact investing

Millennials are known for their commitment to sustainability and loyalty to companies that are making an impact. Through their spending habits and investment portfolios,...

Financial tips to help you prepare for a recession

Why are people more afraid of flying than driving, even though car wrecks are far more frequent? As one academic suggests, “in a car,...

How the SECURE Act changes your financial planning

At the end of 2019, while most of us were focused on the holidays and year-end priorities, the federal government passed the Setting Every...

The Roth 401(k) option

The complexities of saving for retirement continue to transform. Of course, there are many investment strategies to consider when developing your retirement savings plan....

Collaborating as advisors to help clients

Erik Schumacher, CPA, a principal at Rehmann’s Grand Rapids office, contributed to this post.Leading a financially healthy life and ensuring funds are allocated appropriately is not...

In these trying times, know that help is out there, and you have options

Undoubtedly, this is a challenging time. Not only are you worried about your family’s health, but the impact of COVID-19 also has likely left you concerned about your financial situation.

What is Regulation Best Interest and how does it impact you?

The SEC’s intent is to ensure that you, as the investor, have enough information to decide whether a professional investment recommendation is best suited to your needs no matter who is offering it.

State income tax and PPP loans: don’t assume conformity

Some business owners have been left perplexed regarding the tax deductibility of their Paycheck Protection Program (PPP) or PPP2 loans.

Is your business missing out on valuable tax dollars?

The Research & Development tax credit remains one of the most underutilized tax-savings opportunities for manufacturers and other companies. Businesses across the U.S. are...

Business transitions: What legacy do you want to leave?

The more diligent and focused business owners are on improving the value of their business, the more likely they are to achieve their desired outcome.

Entity status under new tax law

With the new Tax Cuts and Jobs Act, or TCJA, in effect, business owners should be questioning whether their current entity status is optimal.For...

Why business leadership skills aren’t the only thing to look for in an effective...

If you can’t assess the performance of your adviser using well-known business leadership principles, what criteria should you use?