When you look at the CARES Act, there are two main areas for individuals to focus on: economic impact payments and retirement accounts. The economic impact payments are the checks that everybody is talking about. The check is really a prepayment of a 2020 tax credit. With these credits, every adult is starting out with $1200. I get $1200 and my wife gets $1200. If you are looking at an individual, you get the $1,200 if your income is below $75,000. Once you go above $75,000, you start getting … [Read more...]
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Kyle Eaton is a Collaborative Financial Professional serving clients in North Texas. Kyle uses his training in Management Information Systems and Family Financial Planning to serve his clients personal needs and goals when facing divorce.