Certain depository institutions and insured credit unions are no longer required to establish escrow accounts for certain higher-priced mortgage loans (HPML), according to a July 2, 2020 proposal from the…
Employee Best Practice: Conduct a Mid-Year W-4 Check-Up
Personal federal withholding check-ups have long been recommended for employees, but the disruption associated with the coronavirus pandemic makes this best practice even more vital in 2020. With so many…
How COVID-19 is Impacting Business Value and What Owners Can Do to Defend It
COVID-19 has impacted businesses differently, depending on industry and pre-pandemic approach. For some companies, it has opened up new opportunities and accelerated revenue. For others, the business pipeline has slowed….
Overdraft Privilege Program: Benefits, Drawbacks & Action Items
Overdrafts. We’ve all heard of them; most of us have had them sneak up occasionally. When a customer does not maintain a sufficient balance to cover a transaction, financial institutions…
The Importance of Wealth Planning, Part 4: Investing in Something Greater
While the wealth planning journey involves numbers, figures and calculations, those elements are only the means to a more important end. Wealth planning lets individuals and families evaluate their present…
