Last year’s Federal Government stimulus package was credited with helping both individuals and business weather a mandated shut down. However, the continued efforts to throw money at the waning crisis appear a bit short sighted as we take a closer look at the effort of a possible fourth stimulus package and the beginning of tax increases to pay for all …
Stimulus Bill and Tax Hikes
Individuals will see many benefits with the passing of the $1.9 trillion bill last month, know as the American Rescue Plan Act of 2021. Economic Impact Payment (EIP) of $1,400 per individual with an Adjusted Gross Income (AGI) up to $75,000 based on their most recent tax return filing EIPs for qualifying dependents over 16 years of age based on …
Macro Overview February 2021
As we settle into the new year, we find the market influenced by an unexpected source, progress in vaccination distribution and new information on stimulus checks. Read on for additional information into these areas and more. Speculative trading among smaller retail investors raised concerns about how social media is influencing individual stock valuations. Recently popularized social news aggregation and discussion …