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...
by Lawhorn Team Professional | Apr 6, 2020 | Advice, Business Practices, Financial Planning
The novel coronavirus (COVID-19) has shaken industries and economies across the world. If you’re like many small business owners right now, you are probably sitting in your home worrying non-stop about how your small business will make it through this crisis. The...
by Lawhorn Team Professional | Mar 25, 2020 | Advice, Business Practices, Miscellaneous, Tax
Lawhorn CPA Group’s top priority is the safety and well-being of our clients and team professionals. With the new “safer at home” order in effect, please know that our business is considered essential, and we will remain open and working. However after careful review...
by Lawhorn Team Professional | Mar 14, 2020 | Advice, Financial Planning
Annuity investments are a growing trend with financially savvy individuals who worry that Social Security and company pension plans won’t be enough to fully support their retirement fully. Fears that social security will one day run out coupled with the overall...
by Lawhorn Team Professional | Mar 13, 2020 | Advice, Tax
If you have access to the outside world at all, you are probably fully aware of the coronavirus that has been sweeping the world. In an effort to keep you informed, we’ve gathered some information on what this could mean for this tax filing season and what we’re...
by Lawhorn Team Professional | Mar 2, 2020 | Advice, Business Practices, Tax
You’re thinking about hosting your biggest client for a round at the country club. You may want to schedule a meeting with your accountant or CPA first. The golf course or luxury boxes at sporting events and concerts are routinely used to facilitate deals, but new...
by Lawhorn Team Professional | Feb 7, 2020 | Miscellaneous
Lawhorn CPA Group, headquartered in Knoxville, Tennessee, announces today that it has expanded its physical footprint with the acquisition of Albano & Associates located in Marion, Virginia. The transaction closed January 16, 2020. The strategic business...
