Since taking office, President Biden has unveiled his new tax plan, which helps to fund the Build Back Better Program. There are three plans in this agenda: the American Rescue Plan, the American Jobs Plan and the American Families Plan. Each of these plans will have different impacts on taxes. As the tax changes roll […]
2020 Tax Roundup and Updates
As you file your 2020 taxes, you might run across some differences from last year’s taxes. Whether these are from personal changes in your life or changes to tax rules and deadlines, it’s important to be aware of them before you file. Here are some of the major 2020 tax differences you might notice: 2020 […]
Managing Internal Capital Gains Exposure
Capital gains exposure can add up if you’re not careful. The best way to avoid them is to be mindful of where you’re vulnerable when you’re building your portfolio. Capital Gains Taxes – What they are, and how they happen Internal capital gains are an increase in the value of an investment that makes […]
2017 – An Economic Review
2017 was marked by some record-breaking highs, shocking news stories and trends that will impact your year ahead. Here is an economic review of the past year and how those events will play a role in 2018: Markets at an All Time High Back in January, the Dow Jones industrial average broke 20,000 for […]
5 Ways to Decrease your Tax Bill
Spring is a long way off, but you can still get a jump on your taxes. Here are 5 ways you can decrease your tax bill next April: Increase 401(k)/403(b) Contributions to Decrease Your Tax Bill Contribute to your 401(k) or 403(b) account by the end of the year. That’s going to reduce your income, […]