Thoughts on Investing: Second Quarter 2021 – Inflation Revisited and Some Thoughts About the Future (July 2021)

Daniel Yu | July 26, 2021

Following the massive monetary and fiscal stimulus enacted last year, a question on many minds has been when inflation might begin to pick up. The Federal Reserve’s response to the economic recession triggered by the COVID-19 pandemic has included such measures as the lowering of interest rates and the direct purchase of bonds. Unlike during the 2008-2009 financial crises, however, Read more.

Missouri Enacts Economic Nexus & Marketplace Facilitator Laws

REDW LLC | July 23, 2021

Missouri Governor Mike Parson signed Senate Bills 153 & 97 on June 30, 2021, establishing economic nexus provisions in the state effective January 1, 2023. With the legislation now passed, Missouri becomes the final state to enact such laws. Read more.

Adam H. Smith’s “Digital Wallets and Casino Risk” — Featured by Indian Gaming Magazine

REDW LLC | July 22, 2021

In a recent feature with Indian Gaming, REDW Principal Adam H. Smith discusses innovation in the tribal gaming industry with the introduction of digital wallets, and the accompanying risks that arise in the process of adapting to cashless gaming. Read more.

Arizona Enacts Entity-Level Income Tax for Partnerships & S Corporations

Jeanna Schenk, CPA | July 20, 2021

House Bill 2838 was signed into law on July 9, 2021 by Arizona Governor Doug Ducey. The law goes into effect for tax years beginning after Dec. 31, 2021 and will allow partnerships and S corporations to elect to pay income tax at the entity level rather than pass the liability to its owners. Read more.

Updated Provider Relief Fund Reporting Guidance Now Available from HHS

Claire Hilleary, CPA | July 19, 2021

New reporting information is now available for healthcare providers who received funding from the Provider Relief Fund (PRF). The Department of Health and Human Services (HHS) has released revised reporting requirements that include updated information about expanding the amount of time that providers can report on the use of funds, as well as an extension of some key deadlines on when the funds can be spent. Read more.

Cannabis and the Healthcare Workplace

REDW LLC | July 15, 2021

On June 29, marijuana became legal for recreational use in New Mexico. What does this mean for employers, and specifically those in the healthcare industry? Hospitals, clinics and medical offices deal with sensitive information, and deal with situations where mistakes can be deadly. Read more.

Monthly Wealth Management Update and Q&A

REDW Wealth | July 12, 2021

Members of the REDW Wealth Investment Committee are hosting monthly webinars to review the current market environment, financial planning topics and tax considerations, as well as answer your questions. Read more.

SBA Will Withdraw Requirement for Forms 3509/3510

REDW LLC | July 1, 2021

Any Paycheck Protection Program (PPP) borrower that has already received a request for Form 3509 or Form 3510 from its lender should contact that lender for instructions on how to proceed in light of reports that the SBA will withdraw the requirement for these loan necessity questionnaires. Read more.

Retirement Planning Essentials in Your 60s and Beyond

REDW Wealth | June 23, 2021

If you’re over the age of 60, talking about retirement planning usually elicits one of two emotions: You’re either bordering apprehension or exhilarated about your approaching retirement. Which group do you fall into? REDW Wealth is here to address concerns for both. Read more.

Key Differences: CARES Act vs American Rescue Plan Act Funding

REDW LLC | June 21, 2021

Businessman discussing budget report at the meeting

The types of eligible costs and applicability of funding available through the CARES Act and the American Rescue Plan Act (ARPA) are quite different. It is important for tribal and civic leaders to understand the difference between the two funding streams, to ensure that their communities are able to make best use of the grant allocations. Read more.