Kiddie Tax & Other Pitfalls When Gifting Assets To Your Kids
Before you gift assets to your children make sure you fully understand the Kiddie Tax rule and other pitfalls associated with making gift to your children……….
Selecting The Best Pension Payout Option
When you retire and turn on your pension, you typically have to make a decision as to how you would like to receive your benefits which includes making a decision about the survivor benefits. Do you select….
Russia & Ukraine: Where Does The Stock Market Go From Here?
Russia’s invasion of Ukraine continues to add uncertainty to global markets. It’s left investors asking the following questions:
Buying A Second House In Retirement
More and more retires are making the decision to keep their primary residence in retirement but also own a second residence, whether that be a lake house, ski lodge, or a condo down south. Maintaining two houses in retirement requires a lot of additional planning because you need to be able to answer the following questions:
Should You Pay Down Debt or Invest Idle Cash?
When you have a large cash reserve, should you take that opportunity to pay down debt or should you invest it? The answer is “it depends”.
It depends on: ….
How To Pay 0% Tax On Capital Gains Income
When you sell a stock, mutual fund, investment property, or a business, if you have made money on that investment, the IRS is kindly waiting for a piece of that gain in the form of capital gains tax. Capital gains are taxed differently than the ordinary income that you received via your paycheck or pass-through income from your business. Unlike ordinary
Will The January Market Selloff Continue?
The markets have experienced an intense selloff in the first three weeks of 2022. As of January 21st, the S&P 500 Index is down over 7% for the month. There are only a few times in the past 10 years that the index has dropped by more the 5% in a single month. That begs the questions, “After those big monthly declines, historically, what happens next?”
2022 Market Outlook
There are trends that are developing in the U.S. economy that we have not seen for decades. As inflation continues to rise at a rapid pace, we have to look back to the 1970’s as a reference point to determine how inflation could impact stocks, bonds, gold, and cash going into 2022. The most common questions that we have received from clients over the past few weeks are:
