Here is a handy tax guide for the 2025 tax year (not the 2024 tax filing due this year by April 15). Get your copy here: 2025 Tax Guide. The tax item adjustments for tax year 2025, which generally apply to income tax returns filed in 2026, of greatest interest to most taxpayers include the following […]
Have you taken the time to carefully review the beneficiary designations on your IRAs and other financial accounts? Perhaps you opened the accounts many years ago when your circumstances and the individuals you wanted to benefit were different.
An economic hangover – led by inflation – has set in, exacerbated by the war in Ukraine, China’s “zero-Covid” policy and more. It was worse than expected.
The passage of the CARES legislation is a positive for Americans. It’s a massive, coordinated, financial backstop from the federal government that should help provide relief and relatively solid economic footing.
Like many of you, Bianca and I are attempting to find a balance between taking prudent safety precautions and still living our lives. Thanks for your concern We are healthy, our family is healthy. Those visiting our office will notice an increase in strategically placed hand sanitizers, but otherwise it’s still business as usual. I’ve […]
Fears surrounding the spread of a novel coronavirus and its resulting disease, COVID-19, have caused significant market volatility. The S&P 500 Index* is down by double-digit amounts since last fall. And, uncertainty about COVID-19 containment continues. Let’s consider some facts. At the time of this writing, global infections exceeded 118,000, leading to 4,262 deaths, according […]
CHOOSING SENIOR CARE You may not be in a position to care for yourself at home one day, and making the transition to some form of daily care won’t come easy. That’s why it’s good to have this discussion now. Thoughtful selection of a care facility Dean, my friend’s father whose story I’ve been sharing […]
ESTATE PLANNING Most people would like to control how their money gets used as they get old and where they would like it to go after they pass away. Those wishes form an individual’s legacy intentions. It’s good to put them down in writing. This is Estate Planning. It’s Step 2 in planning for your […]
INVESTMENT PLANNING One day, you or someone you love may need daily living assistance or monitored medical care. Are you ready for that day? What can you do now to prepare for it? “I never would have imagined it,” says Dean, who is 84 and the father of a friend of mine. “I had a […]
Every year, trustees of the Social Security trust funds issue an annual report. And every year, the media overreact and misreport to the American public what the trustees have to say. Here are a few headlines, which I feel are misleading: “The Social Security Trust Fund Goes Bust” — The Wall Street Journal, June 7, […]