In the early part of tax season, the IRS reported that the average tax refund amount was lower than last year. While that news grabbed headlines, many of you wrote me asking for a deeper dive into tax preparation. Here is your tax boot camp for the first tax year of the Tax Cuts and Jobs Act (TCJA).
Read More
Maybe we’re too preoccupied with the weather or the after-effects of the government shut down, or we’re too excited about the Grammys, or we’re too confused about the new tax law. For whatever reason, the IRS says that Americans have not yet embraced the new tax season with gusto.
Read More
Syria! Tariffs! Mueller Investigation! Facebook under Fire! Corporate Earnings! All of these headlines have moved markets over the few weeks, leaving investors whipsawed and exhausted. If you’re keeping score, the Dow and S&P 500 are down slightly on the year (-1.5 percent and -0.7 percent, respectively), while the Russell 2000 and NASDAQ Composite are up (+0.9 percent and +3 percent, respectively).
Read More
Your 2017 taxes are done. Congratulations! But you’re not done yet. (Sorry) While you have all your tax forms and documents handy, this is the perfect time to analyze last year’s finances and use those insights to prepare for the big changes that will occur in 2018 and beyond. The sooner you get started, the sooner you can start planning that summer vacation!
Read More