Karla Dennis, EA, MST & CEO of The Award Winning Tax Accounting Firm Karla Dennis and Associates Inc. — Specializing In Tax Planning
The U.S. economy has been artificially inflated due to the fiscal and monetary stimulus measures the government put in place for individuals and business owners affected by the Covid-19 pandemic. Because of this, I believe the country is going to be feeling the effects of the recession even more in the upcoming election term and beyond after the current economic stimulus measures disappear. Many individuals and business owners have been enjoying the spoils of these programs, but will be feeling the sting of the recession in the upcoming year as the positive effects of the stimulus dissipate. So what can individuals and business owners do now to best prepare?
If you are an employed individual, you may be receiving extra money in your paycheck due