Plan for the Potential IRA-to-Charity Provision Extension
Even if Congress doesn’t extend the IRA-to-charity provision, it’s still advantageous to direct your RMD to charity. We explain in this week’s Tax Tip.
Five Ways to Manage Risk in Your Retirement Savings Plan
Deciding to participate in your 401(k) is easy, but you still have to make it work for you. Start by managing risk. Learn all about it in this week’s Financial Tip.
Non-Cash Compensation Plans
Our experts discuss the options a small, family-owned business has when offering stock options as an incentive to employees.
Market Roundup: Slightly Positive Week
The week began with a rally as the markets rebounded from last week’s downswing, led by a rise in Technology stocks. Google was up in post-session trading after announcing an operations restructuring and a company name change to Alphabet. Stocks dipped Tuesday, likely a result of sinking crude oil prices and news of an unexpected devaluation of Chinese currency. The People’s Bank of China lowered the yuan by 1.9%, marking its largest decline in more than 20 years. Markets were mixed mid-week with energy stocks stepping up while consumer brands remained flat. Thursday brought news that retail sales increased in July, while the Labor Department stated jobless claims increased more than expectations. The markets closed the week on a positive note with news producer prices increased in July while The University of Michigan’s consumer sentiment index, hit 92.9 in a preliminary reading, down from 93.1 in July, missing expectations of 93.5.
Using Trusts to Pass Inheritance to Minor Children
In today’s Marietta Daily Journal: When selecting a minor as your beneficiary, it is wise to consider placing the assets in a trust. Read the Article
Income Splitting and Income Shifting: Tax Planning for the Self-Employed
Self-employed individuals have unique opportunities to lower their taxes through income splitting and shifting. We explain in this week’s Business Tip.
Replacement and Conservation Considerations for Life Insurance Policies
Don’t be surprised if a review of your life insurance shows you may need to replace or exchange your policy. Learn more in this week’s Insurance Tip.
Tax Implications of Reverse Mortgages
Is reverse mortgage interest tax deductible and who can take the deduction? Find out in this week’s Tax Tip.
New Trustees Reports Show Continuing Financial Challenges for Social Security and Medicare
The latest trustee report on Social Security and Medicare shows both programs face financial challenges. Read more in this week’s Financial Tip.
Using Trusts to Pass an Inheritance to Minor Children
Our experts discuss a case study where the use of a trust would have solved the problem of a child inheriting property and assets.