IRS Provides Stimulus Check Details: Payments to Start Within Three Weeks

The Treasury Department and the Internal Revenue Service (IRS) announced Monday  that distribution of economic impact payments will begin in the next three weeks and will be distributed automatically, with no action required for most people.  However, some seniors and others who typically do not file returns will need to submit a simple tax return… Read More

IRS Provides FAQs on 2019 Federal Income Tax Deadline Extensions

The Internal Revenue Service (IRS) last week announced special federal income tax return filing and payment relief in response to the ongoing Coronavirus Disease 2019 (COVID-19) emergency.  Today the IRS released some answers to frequently asked questions related to the relief. Below are a few of the questions that are likely to be of interest to… Read More

Social Security Closes Local Offices, But Continues Critical Services and Benefit Payments

The Social Security Administration announced that all of its local Social offices will be closed to the public for in-person service effective   March 17, 2020. The agency said the decision protects the population they serve — older Americans and people with underlying medical conditions — and their employees during the Coronavirus (COVID-19) pandemic.  It will,… Read More

Medicare Expands Telehealth Benefits for Beneficiaries During COVID-19 Outbreak

The Trump administration yesterday announced expanded Medicare telehealth coverage that will enable beneficiaries to receive a wider range of healthcare services from their doctors without having to travel to a healthcare facility. Beginning on March 6, 2020, Medicare — administered by the Centers for Medicare & Medicaid Services (CMS) — will temporarily pay clinicians to… Read More

Equine Model Portfolio Launched

Tom Cooper, CFP, a local Ocala Financial Adviser and Walter Hester, Senior Portfolio Manager at NAMCOA, have launched a new model portfolio aimed at the Equine Industry. The Equine Model Portfolio is an actively managed equity long portfolio with an objective of providing long term capital appreciation and dividends. The portfolio will consist of an equity… Read More