Mid-March Update

The Obama-Trump Boom Continues:  Economy The National Bureau of Economic Research  has recorded 35 expansions since 1984 ranging in duration from 10 months to 120. The Obama-Trump expansion is now 116 months old, closing in on the all-time record of 120 months, which is held by the Clinton boom of 1992-2001. Unemployment, at 4.1%, has [...]

By | 2019-04-25T14:35:55-04:00 March 15th, 2019|Economy, Estate Planning, Taxes|0 Comments

Mid-December Update

Reduce Your Tax Burden Before Year-End:  Tax Planning            The new tax law has added a wrinkle to year-end tax related planning; A higher standard deduction ($18,000 for individuals and $24,000 for married couples). For those 65 and older the standard deduction rises to $13,600 for singles and $26,600 for married couples. [...]

By | 2019-05-01T18:01:46-04:00 December 13th, 2018|Retirement, Taxes|0 Comments

Mid-August 2018 Update

Download in PDF Format for Easy Printing of the Entire Update NYSE FANG+ Index  Hits Correction: Retirement Investing On July 10th, Michael Sheetz from @Thesheettztweetz published the following chart in a CNBC article illustrating how just three companies, Amazon, Netflix and Microsoft were responsible for 71% of the S&P 500 returns and 78% of the [...]

By | 2018-10-25T11:46:40-04:00 August 21st, 2018|Estate Planning, Investing, Retirement, Social Security, Taxes|0 Comments

Quick Guide: The New Tax Law

  Every year, a group named Brokers Service Marketing sends me a very handy chart that summarizes tax changes. With Donald Trump recently signing the tax reform bill into law - representing the most significant tax changes in the United States in more than 30 years - the chart is more useful than ever this year [...]

By | 2018-12-11T14:46:47-04:00 January 2nd, 2018|Taxes|0 Comments