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What is the Employee Retention Credit and How to Get It?

Businesses that had their operation partially or fully suspended due to government shutdown orders, or have had a 50% decline in gross receipts compared to same quarter in 2019, may be able to claim the Employee Retention Credit (ERC) under the CARES Act. The ERC encourages businesses to keep their employees on payroll. The refundable …

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April Fools! S&P continues bounceback for a 17% gain

March was the longest year, but April seemed like a quick week.  The S&P’s 17% gain for April made it the best April in several decades, continuing its 30% bounceback from the thrashing it bounced back from since late March.  The long March and short April brought a few points home. Emotions are not an …

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A Letter From Your Advisors

Dear valued clients, While we cannot predict with certainty the severity of the Coronavirus outbreak, a central tenant of Beacon Hill Investment Advisory is risk management. While the staff at Beacon Hill do not have the known risk factors that would make us vulnerable to major health issues, many of our clients, friends, and family …

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Market Reaction to Coronavirus

Fears of contagion of the Coronavirus triggered the market to experience it’s fastest 10% drop from an all time high last week and prompted the Fed to slash the Fed funds rate by .5%.  This is an interesting market development; on it’s face such a small percentage of the population has been directly affected however …

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February 2020 Monthly Recap

When President Trump signed the SECURE Act at the end of 2019, it could easily have escaped your notice during the holiday season. While time will tell if this law aimed to encourage greater retirement savings achieves its aims there’s no question it has a direct impact on many taxpayers. Read More Tax Documents CalendarCheck …

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