Every country in the world has handled the recent pandemic in different ways. One can even say every state in the U.S. has handled it differently. As a whole, as witnessed by the resurgence and resilience of our economic markets, the U.S. has handled it better than most. The effect of those efforts, most likely higher taxes and inflation, has …
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 …
Year End Tax Actions to Consider
It’s been two years since the last major tax changes were made by congress in 2017, but some of the changes were slow to be defined and understood. Here are some that affected most individual taxpayers to consider as we reach the end of the year. Withholdings and Estimates Withholdings and estimated taxes should be verified before year end, as …
IRS Scams – Consumer Awareness July 2019
Attempted financial scams seem to happen to all of us at some point. An awareness of the many new ways they can happen is key to making sure you don’t get pulled into them. Identity theft and stolen funds are becoming a growing risk as thieves have devised clever methods of masking IRS communications. Various government entities have identified some …
What To Keep & What To Toss – Tax & Finance
Every year, as I make my way through piles and files of receipts and statements, I question myself on what to keep and what to shred. I know I am not alone in this obstacle. The idea is to toss out what you don’t need anymore, yet keep what you might need for taxes and accounting purposes. Here are some …
Tax Rule Changes To Be Aware Of When Filing
In the middle of filing your taxes? Keep these changes in mind. This tax season is the first year where all of the changes and provisions passed under the Tax Cuts & Jobs Act are affecting both individual taxpayers and companies with broad changes for deductions and tax rates. The changes, effective January 1, 2019, affect most every tax payer …