New & Trends

Michels & Hanley CPAs, LLP COVID-19 –Paycheck Protection Program: Round 2 for Small Businesses 12.18.20 | Client Alert  Earlier this month, a group of lawmakers revealed the framework for a $908 billion COVID economic relief plan (Senate “Gang of 8” Proposal), which designates $300 billion for support of small businesses,

investing_finance_robinhood

Ignore the Anecdotes, Robinhood Traders are Solid Investors (Mostly)Taking positions in bankrupt corporations, indefinitely berthed cruise lines, airline stocks, cannabis, unknown electric vehicle startups, equities that legendary investors are short, and Chinese retailers are all activities Robinhood traders have been ridiculed for. But is the reputation deserved? As a group,

Investing_gambling_Trading

“Oh, that’s gambling,” my mom said. We were talking about an investment I recommended to her two months earlier. She had followed my recommendation to purchase the security, which closely follows gold prices. It went up. In fact, I checked it while on the call and saw it was up

E sports_Betting_gambling

There’s a habit I picked up working on a Wall Street trading desk years ago. I don’t admit this to my friends that are not active in the markets; they wouldn’t understand. But, I think Channelchek users will be able to relate to it. Perhaps you do this yourself: When

Advertising, digital marketing

Ten years ago 15% of Ad Money was Spent on Internet Ads, Guess what that Percentage is Today?Soap operas, magazines, TV sports, local radio; they all allow niche target-advertising.  But, their slice of the advertising-dollar pie is shrinking precipitously. This trend has been in place for a while and still

Business Losses From COVID-19.  Will They be Covered by Insurers?As the shutdown restrictions continue to be lifted, businesses are tiptoeing through the mind field of re-opening regulations.  Their depleted bank accounts are affecting all their business decisions as they fight for the survival of their life’s work. A thought going through