Blog
The Breakdown Of Trust In Cleveland And How To Rise Above
I've written a fair amount over the past few weeks about all of the specific provisions in the CARES Act, related to economic stimulus checks, various tax savings strategies, financial implications, and then some.And I will continue to be covering these topics in the...
Cleveland Folks With Student Loans, Or Who Take An RMD, You’ve Got To Read This
It feels to me that we're all in need of some good news.I have some great news for the young (ish) and the old (ish), but before I get there, I'd like to encourage EVERY person who is reading this:Keep your head in the game.Yes -- we can so easily get caught up in...
Separating Truth From Fiction Around The Stimulus Payments For Cleveland Taxpayers
Now, more than ever, it's important to keep your mind clear.With so many of us spending more time than ever online and on our devices, there are even more opportunities for falling -- no, DIVING -- into rabbit holes of distraction and unproductive emotion.Yes, I'm a...
What Cleveland Area Taxpayers Should Know About COVID-Related Scams
Anytime (like now) that there is a rollout of government assistance, we, here in Cleveland, can count on two things:1) Bumps in the road (it's hard to manage many millions of people needing help)2) SCAMSI haven't yet heard of any of...
What Cleveland Taxpayers Should (and Should NOT) Do With Their Economic Stimulus Checks
So, you got that stimulus check (or, as the government wants to call it, your "Economic Stimulus Payment")...What next for Cleveland families and individuals?Please use these funds wisely.If I could sum up my advice for next steps, it would be this: act like you did...
Stimulus Checks and Unemployment Assistance For Cleveland Taxpayers
These are the days when the internet is not necessarily your friend.Let's leave aside the very true fact that so many of the new, online substitutes for the "real thing" are a pale imitation of what we used to have, and that with more and more time spent online, there...
Stimulus Payments, Retirement Account Updates and Tax Changes for Cleveland Taxpayers
Chances are good that you or someone you know and love has lost their job recently. You've also probably been touched in some personal way by the actual virus (whether through someone you know, or with whom you keep in touch).This crisis has a steadily-unfolding...
The latest on when Cleveland taxpayers will get their stimulus check — and Social Security Beneficiaries too!
Yesterday, we learned some news, and I thought I'd send you a short note for you to hear this (it is a welcome change).Earlier this week I wrote to you (and it has been all over the news) about the economic stimulus checks (typically for $1,200 for single filers and...
Rich Rhodes Clears Up Confusion Around The Stimulus Checks
Well, over the weekend, the President signed the big new stimulus bill, and we have been poring over the details ever since.Bear with us ... it is MASSIVE.But it's also full of great benefits for Cleveland families and business owners (even those with a "side...
An Important Stimulus Bill Update For Cleveland Taxpayers
You might have seen the news that Congress has agreed on the massive new stimulus bill, called the CARES Act.As of this writing, the stimulus bill is NOT YET SIGNED. But it is getting very close.And it might help you VERY much, depending on your situation.I will have...
COVID-19 Updates For Cleveland Taxpayers
I hope you're hanging in there. We're LOCKED in, helping our Cleveland clients, and I have a bunch of things to share with you today, based on recent activity.I will say that, between helping clients, and the astonishing rapidity of change, I'm not always able to put...
Rich Rhodes’s IRS Deadline Extension Update
I normally write you a weekly strategy note (or so), but these are NOT normal times, are they?And before I get into what's happening with the IRS deadline -- to separate some of the rumors from the reality -- I first want to check with you:How are you doing? Email me...