Indices closed the trading session in red territory on Wednesday. Energy brands such as Exxon Mobil, Chevron, and Schlumberger led the way lower on a decline in oil. West Texas Intermediate crude oil prices slipped 3.4% today to settle at $36.60 a barrel. Additionally, Energy Information Administration showed an unexpected increase of 2.6 million barrels in crude inventories in the past week.
The “Protecting Americans from Tax Hikes Act of 2015” extended or made permanent some tax of the popular personal tax credits.
The Bipartisan Budget Act of 2015 eliminated the File and Suspend and Restricted Application for Spousal Benefits “loopholes.” Read the article in the Marietta Daily Journal.
With interest rates still at or near historic lows, you have several estate planning opportunities.