News for You!
What’s on our mind? You can read about it in our blog. Whether it’s ideas from the industry or emerging trends, you can read about it here. And once in a while, we may throw in a movie review or some other surprise. So keep checking in. We’re glad to have you reading along.
Stocks surged last week, ignited by another COVID-19 vaccine announcement, encouraging economic data, and the easing of political uncertainty.The Dow Jones Industrial Average rose 2.21%, while the Standard & Poor’s 500 added...Read More
Retirement planning can be stressful enough on its own, but the added anxiety caused by the current uncertain market environment may be overwhelming. Now more than ever, you may feel uneasy about your financial future. I am committed...Read More
On October 13, 2020, the Social Security Administration (SSA) officially announced that Social Security recipients will receive a 1.3 percent cost-of-living adjustment (COLA) for 2021. This adjustment will begin with benefits payable...Read More
As the U.S. presidential election draws near, expect to see more and more headlines that propose, "What will happen next if this person is elected?" or, "What policy changes to prepare for in the next four years?"In reality, however,...Read More
On March 27, 2020, President Trump signed into law the Coronavirus Aid, Relief and Economic Security (CARES) Act, a $2.2 trillion emergency financial stimulus package. The most notable provision of the CARES act is the Recovery Rebate...Read More
Due to the coronavirus pandemic, the Internal Revenue Service extended the filing and tax payment due date for the tax year 2019 tax returns to July 15, 2020. Interest and penalties will start accruing on July 16, 2020 for any unpaid...Read More
On December 20, 2019, the Congress passed and the President signed into law the SECURE (Setting Every Community Up for Retirement Enhancement) Act. The key changes affect the rules regarding the age for Required Minimum Distributions...Read More
According to the Kiplinger Tax Letter dated June 29, 2018; "Filling out the 1040 next year will be more challenging for many filers." This conclusion is based upon their review of the drafts of the new form. The President indicated...Read More
The Tax Act and Jobs Act made significant changes to the tax law, including changing the tax rates and brackets, increasing the standard deductions, eliminating personal exemptions, increasing the child tax credit and limiting or...Read More