Have a home equity line of credit? In today’s Marietta Daily Journal, Bil Lako, CFP®, explains why you should talk to your tax consultant TODAY to understand how it will affect your taxes next year. Read the Artcile
As a small business owner, if you have qualified business income, you may qualify for a nice tax break thanks to the Tax Cuts and Jobs Act. We explain in this week’s Business Tip.
Markets posted a solid finish to close out what was otherwise a volatile first quarter of 2018. A rebound in Technology stocks led major indices higher but it wasn’t enough to pull the Dow and S&P 500 out of negative territory for the first quarter.
The estate tax exclusion for 2018 is $11,180,000 for individuals and $22,400,000 for married couples—and the portability provision is still in place! Learn more in this week’s Estate Planning Tip.
Beginning in 2018 Roth conversions of a Traditional IRA cannot be undone. Once a conversion is made, you will have to live with the tax consequences. Learn more in this Tax Tip.
Indices landed in the red zone on Tuesday. Technology brands including Microsoft, Facebook, Apple, and Amazon led the way lower in turbulent trading.
You’re committed. You’re ready to do it. Let’s create a budget! Uh… where do you start? We have some tips for you in this week’s Financial Tip.
Indices closed with gains on Monday. Technology and financial brands led the way up as trade war concerns eased.
This week on “Money Talks,” Bil Lako, CFP®, and Troy Harmon, CFA, CVA, are joined by Managing Associate, Shawna Theriault, CPA, CFP®, CDFA®, to discuss the week’s market moves, the Federal Open Market Committee’s two-day meeting on monetary policy, and housing news including mortgage applications, existing home sales and new home sales. Shawna and Bil continue the housing discussion when they address recently released guidance from the IRS regarding the deductibility of home equity loan interest in context of the Tax Cuts and Jobs Act. The experts also answer listeners’ questions on SP Plus Corp, Modine Manufacturing Co., and the medical exam requirements for a life insurance policy. They also discuss one listener’s bond holdings that were moved into an equity income portfolio when rates were extremely low.
Bil Lako, CFP®, and Troy Harmon, CFA, CVA, are joined by Managing Associate, Shawna Theriault, C.P.A., CFP®,CDFA®, to talk about recently released guidance from the IRS regarding the deductibility of home equity loan interest in context of the Tax Cuts and Jobs Act.