Nov 30, 2020 | Investments, Tax Planning, Wealth Management
The Coronavirus Aid, Relief, and Economic Security Act, or CARES Act, waives required minimum distributions during 2020 for IRAs and retirement plans, including beneficiaries with inherited accounts. This waiver includes RMDs for individuals who turned age 70 ½ in...
Nov 17, 2020 | Tax Planning
It has been quite a year, a declared pandemic, multiple rounds of government-injected stimulus packages and nationwide closures have completely changed the way we currently do business. Only three years ago, we were just beginning a conversation about major tax...
Aug 26, 2020 | Accounting, Business, News
Businesses Await Answers No Tax Deduction for Expenses Paid with Forgiven PPP Funds A tax surprise could be around the corner for business owners who participate in the federal government’s forgivable loan program — unless Congress intervenes. The PPP was created by...
Aug 22, 2019 | Investments, News
Stocks and bonds gain when Fed policy becomes more accommodative U.S. and international stock prices rise after a first Fed rate cut. Gains are strongest when there is no U.S. recession. Bond prices consistently rise prior to an initial rate cut, but are stagnant...
Jul 10, 2019 | Investments, Tips, Wealth Management
After Trade War Concerns, Stocks Hit New Highs by the End of Q2Main PointsBonds and stocks both rallied in Q2, with bonds beating stocks globally and in the U.S.Trade war concerns drove stocks down in May, but prospects of Fed rate cuts led to a June rally to new...