Venmo, Zelle, PayPal… all the new ways society is getting used to sending, receiving, and requesting cash without ever needing a physical wallet. However, as we start to track more finances on our smartphones, the IRS is using the data to better enforce the tax code. Here is what consumers need to know about changes in the IRS tracking of cash transactions.
Read MoreThe IRS has your Bitcoin on their radar - get prepared before the grace period ends on December 31st! There are some big changes on the brink when it comes to how you report Bitcoin on your taxes. This blog presents a summary of what you need to know about changes in Bitcoin (and other digital asset) income tax reporting for 2025.
Read MoreThe US equity market posted positive returns for the quarter and underperformed both non-US developed and emerging markets.
REIT indices outperformed equity market indices.
The Bloomberg Commodity Total Return Index returned +0.68% for the third quarter of 2024.
Review your marginal tax brackets for ordinary income and capital gains rates to decide which account to withdraw from.
Don’t make the mistake of overfunding retirement accounts at the expense of your brokerage (taxable) accounts. It’s important to have non-retirement assets for flexible spending and savings goals. If you haven’t set up a taxable brokerage account, perhaps this is the next move to make for any money leftover that you haven’t found a home for
End of year provides you with the opportunity to think about managing liabilities. Consider the relative advantage to paying down debts with assets. What is the tax impact of doing so? Would it make a difference to your peace of mind?
Coming out of 2021-2022’s historical high inflation, investors are concerned about inflation and its long-term impact. Here are a few common questions from our clients.
Read MoreCycles of US stock outperformance and underperformance vs. International stocks are normal.
The international equity outperformance from. 2000 to 2009 was especially painful for US investors because US stocks averaged negative returns for 10 years - now known as “The Lost Decade.”
Valuation measures such as price-to-earnings ratios lead some to believe that International stocks may outperform US stocks over the coming yearsmay outperform US stocks over the coming yearsmay outperform US stocks over the coming years
The US equity market posted positive returns for the quarter and outperformed non-US developed markets, but underperformed emerging markets.
The Bloomberg Commodity Total Return Index returned +2.89% for the second quarter of 2024.
Interest rates generally increased across global developed markets for the quarter.
Understanding how the change to the CA SDI wage cap works will help you prepare for a possible reduction to your take-home pay. This is also an opportunity to consider the risk of injury and how a longer-term disability would affect your financial goals.
Read MoreApologies in advance to anyone who previously has allowed me to soapbox on how annoying the penny is and how each new president’s first executive order should be removing pennies from circulation
Read MoreeMoney helps uncover cash or other assets that aren’t working hard for you.
eMoney helps you set and achieve your retirement goals and other objectives such as funding college expenses.
eMoney helps you better understand your position now and how it can be impacted over the years.
The US equity market posted positive returns for the quarter and outperformed both non-US developed and emerging markets.
Interest rates generally increased in the US Treasury market for the quarter.
US real estate investment trusts outperformed non-US REITs during the quarter.
With tax season upon us, many individuals and small business owners will soon be filing their taxes for the 2023 income year. Some will find, perhaps unexpectedly, that they are required to make 2024 quarterly tax payments due to not having enough withheld the prior year via an automatic withholding mechanism (paycheck withholding) or from their other sources of income including 1099 income, business income, retirement account withdrawals, etc.
Read MorePresidential elections have a way of creating angst and anxiety. This happens every four years and we always have many conversations with clients of all political persuasions about what, if anything, they should change in their portfolios due to the upcoming election.
Read MoreThanks to the Corporate Transparency Act of 2021, business owners need to file Beneficial Ownership Information (BOI) Reports starting January 1, 2024.
Read MoreDoes the California homeowners’ insurance crisis have any hope?
Read MoreIn only six out of 97 years from 1926 to 2022 did the market have an annual return that came within two percentage points of the market’s long-term average returns of 10%.
It’s extremely important for investors to understand market volatility so they do not get too excited about a “good year” and too worried by a “bad year”.
The allure of trying to be in the market when it’s rising - and out of the market when its falling - is completely understandable. But timing decisions can often result in lower returns and increased stress.
The US equity market posted positive returns for the quarter and outperformed both non-US developed and emerging markets.
US real estate investment trusts outperformed non-US REITs during the quarter.
US government debt reached 121% of the value of the country’s gross domestic product (GDP) last year. Many investors have expressed concern over the impact that servicing this level of debt could have on the stock market. But the historical data show little relation between the two.
