Tatyana Bunich joins the “Legacy Therapy” podcast to explore the unintended consequences that can come when someone receives a large inheritance after a family member passes away …
Proactive Year-end Tax Planning for 2020 and Beyond
2020 was an unusual year that had several major legislative bills passed that could have an impact on your taxes. It is also a presidential election year, so investors might want to think about potential future tax strategies. Although it will take more than a change in president to enact tax laws changes …
Economic Update: Second Quarter 2020
After a sharp waterfall drop in March, major equity markets advanced strong in the second quarter. Following the Dow Jones Industrial Average’s (DJIA) worst first quarter ever the index posted its best second quarter performance since 1938 rising over 17%. The S&P 500 ended the quarter up 20% …
Economic Update: First Quarter 2020
The first three months of 2020 were filled with Covid-19 fears and economic responses. The world is experiencing a pandemic and a financial crisis that caused many investors to feel a level of anxiety that they have not had for over a decade. It’s almost impossible to remember that in Mid-February …
The Market Sell-Off and Coronavirus: An Investor’s Perspective
Investors have now experienced their first disruption of the year: The Coronavirus. The investing experience is no stranger to unexpected surprises and on Monday, February 24th, all three major equity indexes fell over 3%. The worst daily performance since February 2018 …
Filing 2019 Income Taxes and Planning for 2020
For 2019, Form 1040 has been slightly redesigned. There is time to look into tax planning ideas for your 2020 taxes, but here are some things tax filers should review. There are seven federal income tax brackets for 2019. The lowest of the seven tax rates is 10% and the top tax rate 37% …
Quarterly Economic Update: Fourth Quarter 2019
Equity markets advanced heavily in 2019 and investors were rewarded. The final month of the year brought several new highs for both the S&P 500 and the Dow Jones. In the fourth quarter of 2019, the S&P 500 rose over 9% and turned in its best annual performance since 2013 …
Welcome to 2020
Learn what’s ahead for 2020 and get your 2019 taxes ready for this April. Our primary goal for the new year is to continue our tradition of helping clients work toward achieving their personal financial goals. To make that process more efficient, we send out the attached convenient 2020 CHECKLIST …
Year-end Tax Moves for 2019
This report focuses on what individual taxpayers can potentially do to save money on their 2019 taxes. The Tax Cuts and Jobs Act (TCJA) enacted in 2017 brought many changes to the tax code. One big uncertainty is what will happen to the Tax Code after 2025. The way the Tax Cuts and Jobs Act is set up …