People tend to think of tax planning as something to be done toward the end of the year. (Or even later, in some cases.) But if your goal is to limit what you’ll owe the IRS for 2022,…...more
If, like most investors, you’re feeling a bit rattled by the market’s recent ups and downs, you may want to take a few deep breaths. It looks as though the road ahead could be just as bumpy. We…...more
If you’re starting to feel as though your business has outgrown its current retirement plan, you’re not alone. As time passes and their workforce evolves, small business owners often find that the SEP IRA or SIMPLE IRA they…...more
Be prepared to hear the term “cautious optimism” a lot over the next few weeks. It’s a catch-phrase economic forecasters tend to favor at any given time, but especially when a new year is near. Translation: While there’s…...more
When the Tax Cuts and Jobs Act (TCJA) was enacted in 2017, many financial advisors cautioned their high-net-worth clients that the law’s significant tax benefits wouldn’t last forever. “Time is ticking,” we said. “If you’re planning to gift…...more
You aren’t imagining it. It feels as if we’re playing an endless game of Whac-A-Mole with pandemic-related supply shortages—knocking down one (toilet paper), then another (meat), only to have several more pop up (lumber, microchips, rental cars, and…...more