by Royer Advisors | Dec 11, 2024 | Business Plans, Financial Planning
As COVID cases spike to record-setting levels here in Maine and across the country, mass immunization likely months away and talks of financial relief still a work-in-progress at the federal level, many businesses in the state may be facing challenging times and...
by Royer Advisors | Dec 11, 2024 | Financial Planning, Uncategorized
In about a month, on July 1st, the United States-Mexico-Canada Agreement (USMCA) will take effect. This new, far-reaching trade agreement updates many of the provisions of the North American Free Trade Agreement (NAFTA), which has been in place now for 26 years. While...
by Royer Advisors | Dec 11, 2024 | Financial Planning, Fraud Prevention, Tax Planning
The IRS compiles and shares a list of common tax scams each year. This year, with the COVID-19 pandemic complicating tax matters in numerous ways, scammers are becoming more aggressive and sophisticated in their methods. Here are some of the scams you should look out...
by Royer Advisors | Dec 11, 2024 | Divorce Litigation, Exemptions, Financial Planning, Tax Planning
The COVID-19 pandemic has impacted nearly every facet of life — including our relationships. Some reports indicated the stress of the crisis, combined with people’s close and constant contact with their spouse might be to blame for some recent divorces. A...
by Royer Advisors | Dec 11, 2024 | Divorce Litigation, Financial Planning, Tax Planning
While the divorce rate in Maine is below the national average, it is still common. Divorce is obviously an emotionally and personally impactful event. But beyond that, it is also a financially impactful one. A divorce can create negative tax consequences, especially...
by Royer Advisors | Dec 11, 2024 | Exemptions, Financial Planning, IRS Regulation
The fast spreading COVID-19 pandemic has forced the closure of many nonessential businesses — threatening the livelihoods of numerous small businesses here in Maine as well as the people they employed. In response to the economic and health impact of this pandemic,...