CPA offers financial advice for dealing with COVID-19 outbreak

ABERDEEN, S.D. (HubCityRadio.com) – The recent COVID-19 outbreak has impacted many facets of life, including the economy.

With unemployment rates soaring and stocks plummeting, individuals might wonder what the best way is to face their financial needs.

David Frank, CPA and Tax Partner with Eide Bailly, provides some tips.

He said ideally, people should have access to six-months worth of operating expenses.

Frank said the recently passed stimulus bill should provide optimism for individuals and businesses.

Stimulus checks should be arriving in the near future.

Frank believes that once this pandemic is finished businesses will emerge stronger than before.