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Avantax Market Update – June 2023
In an effort to consistently provide you with timely market updates, we thought you might enjoy the most recently published market commentary by our partners at Avantax.
Read MoreWall Street Focuses on Debt Ceiling
Would it surprise you to hear that investors have moved past worrying about inflation? They have, at least for now.
Read MoreThe Heat is On
Summer’s here, and the time is right for fun in the sun (or shade). Like many of us, you’re probably looking forward to an extended getaway or family trip. But summer also means planning for hot weather, which can come with unique considera
Read MoreAvantax Market Update - May 2023
In an effort to consistently provide you with timely market updates, we thought you might enjoy the most recently published market commentary by our partners at Avantax.
Read MoreCEOs Talk Inflation
Over the next several weeks, we will hear from corporate leaders as they update investors on their first-quarter financials and provide a glimpse into the rest of the year.
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A Smaller Social Security Bump May Be On the Way
A Smaller Social Security Bump May Be On the Way.
Read More“Better” Is the Best Word on Wall Street
From my perspective, we can't hear the word "better" enough in the weeks ahead. "Better than expected." "Better than feared." "Better than forecasted." These are winning phrases that can be used by market pundits when they compare a compa
Read MoreFDIC Insurance, SVB & Signature Bank
When events like Silicon Valley Bank (SVB) and Signature Bank happen, it's natural to wonder how a bank safeguards your funds. Fortunately, the Federal Deposit Insurance Corporation (FDIC) insurance was designed for this very reason.
Read MoreAvantax Planning Video: Top Tax Topics 2023
View this month's planning video as host Gene Bell discusses what’s new and important for taxpayers to be aware of as you prepare for filing season.
Read MoreDon't Watch The Markets Too Closely
One of my favorite Warren Buffett quotes is, “Remember that the stock market is a manic depressive.”
Read MoreWeekly Market Insights: Mixed Feelings and Mixed Earnings
Stocks struggled last week, weighed down by rising bond yields, a firming U.S. dollar, geopolitical tensions, and generally unimpressive corporate earnings reports. Perhaps the most consequential overhang was the potential direction of mone
Read MoreAvantax Market Update - February 2023
In an effort to consistently provide you with timely market updates, we thought you might enjoy the most recently published market commentary by our partners at Avantax.
Read MoreSECURE Act 2.0: An Overview
In 2023, the new law will increase the credit to help with the administrative costs of setting up a retirement plan.
Read MoreAvantax Planning Video: Top Tax Topics 2023
View this month's planning video as host Gene Bell discusses what’s new and important for taxpayers to be aware of as you prepare for filing season.
Read MoreAvantax Planning Video: Top Tax Topics 2023
View this month's planning video as host Gene Bell discusses what’s new and important for taxpayers to be aware of as you prepare for filing season.
Read MoreWeekly Market Insights: New Year's Rally in Reply to Positive Economic News
A strong Friday rally triggered by fresh signs of moderating inflation pushed stocks into positive territory to begin the new year. The Dow Jones Industrial Average rose 1.46%, while the Standard & Poor’s 500 advanced 1.45%....
Read MoreOutlook 2023: What's Next for Interest Rates?
What does the bond market know that the Fed isn’t telling us? Fed officials recently have said that short-term rates will need to climb to over 5 percent to bring inflation under control. But in the table below, you can see that the bond t
Read MoreHappy New Year - 2022 into 2023
A new year is on the horizon. Each day that comes presents something new and exciting both for you and the people in your life.
Read MoreAvantax Planning Video: Risk Management and Insurance
View this month's planning video as host, Jason Allen, Life Insurance Sales Specialist at Avantax, discusses a key piece of a comprehensive, tax-smart plan - risk management and insurance.
Read MoreWeekly Market Insights: Easing on Rate Hikes and Job Numbers Cheer Markets
Stocks ended higher last week as investors navigated the crosscurrents of a potential easing in future rate hikes and continued strength in the labor market.The Dow Jones Industrial Average edged 0.24% higher, while the Standard &...
Read MoreIs the Fed Ready to Pause?
Over the years, the Fed has followed a similar pattern with interest rates. It raises interest rates, then pauses, so it can see how the economy is adjusting to the higher rates.
Read MoreHow the Fed Has Navigated World Events
I’ve always been a little cautious when people say, “it’s different this time.” But the table below suggests the Fed is approaching 2022’s inflation differently than other financial events in recent history.
Read MoreHow the Fed Has Navigated World Events
I’ve always been a little cautious when people say, “it’s different this time.” But the table below suggests the Fed is approaching 2022’s inflation differently than other financial events in recent history.
Read MoreAvantax Market Update - October 2022
In an effort to consistently provide you with timely market updates, we thought you might enjoy the most recently published market commentary by our partners at Avantax.
Read MorePutting Interest Rates Into Perspective
Traditionally, I’ve been a little cautious when people say, “it’s different this time.” After all, the past few years have seen more financial “firsts” than most.T
Read MoreWeekly Market Insights: U.S. and U.K. See Financial Turbulence
Rising recession fears and uncertainty in the bond and currency markets sent stocks to new 2022 lows last week. The Dow Jones Industrial Average declined 2.92%, while the Standard & Poor’s 500 slumped 2.91%. The Nasdaq Composite index fell
Read More1% Moves in S&P 500
If you’ve felt like stock prices were a little more volatile in 2022 than in recent years, your “spidey senses” are right on the money.
Read MorePost-Holiday Weekend, the Economic Calendar is Light This Week
On Wednesday, the Federal Reserve will release their Beige Book, which could shed some light on the Fed’s current view of the economy and inflation trends.
Read MoreWeekly Market Insights: Markets Tap Brakes, But Hold Fast Against Downbeat News
The market rally that began in mid-June paused last week. Despite the week’s losses, stocks exhibited resiliency in the face of a string of troubling economic news that included flat retail sales, weak housing numbers, an inversion in the y
Read MoreWeekly Market Insights: Mixed Week For Markets; Jobs On The Rise
Stocks turned in a mixed performance last week as investors struggled with headlines suggesting that the Fed was unlikely to soon ease up on its current monetary tightening policy.
Read More3 Shrewd Maneuvers in a Down Market
It’s natural to think “defense” during a bearish market season. But why not mix in some “offense” with your defense? Here are three moves we can discuss together that may be helpful during the current market downturn.
Read MoreAvantax Planning Video: National Financial Awareness Month
ugust is recognized as Financial Awareness Month. Specifically, August 14th is National Financial Awareness Day, which is designed to encourage individuals and families to evaluate their finances and establish standards, goals, and a plan
Read More3 Tips for the Second Half of 2022
With half the year behind us, now is a great time to consider what the remainder of 2022 may hold. However, with inflation and economic uncertainty causing many of us to delay or cancel vacations, large purchases, and more, it can be challe
Read More3 Shrewd Maneuvers in a Down Market
It’s natural to think “defense” during a bearish market season. But why not mix in some “offense” with your defense? Here are three moves we can discuss together that may be helpful during the current market downturn.
Read MoreCare for a COLA with Your Social Security?
To arrive at the cost-of-living adjustment (COLA), the Social Security Administration looks at third-quarter prices and compares them to a year prior. According to the Bureau of Labor Statistics, living costs are up about 8 percent.
Read MoreAvantax Market Update - June 2022
View this month’s market update video as host Ivan Gruhl, Chief Investment Officer of Avantax provides an update and discusses market returns, the Federal Reserve and our view on the risk of a recession as the economy slows.
Read MoreHow to Buy I Bonds Direct from the Treasury
With inflation hovering near 40-year highs, some investors are looking for alternative ways to weather the storm. For many, a Series I Savings Bond is just the ticket. I Bonds give investors a rate of return plus inflation protection and ar
Read MoreBreaking Down the Great Resignation
Lately, the "Great Resignation" has led many Americans to leave their jobs for other opportunities, while others have chosen a different path: early retirement. We can all understand looking for a more suitable place of work, but some might
Read MorePullbacks, Corrections, and Bear Markets
Worried investors believe "this time it's different." When the market drops, some investors lose perspective that downtrends – and uptrends – are part of the investing cycle.
Read MoreComics, Collectibles, and Coping with Calamity
While you may not be into comic books, items like artwork, antiques, or baseball cards, can hold surprising monetary value, but collectibles can be affected by a number of factors, including liquidity.
Read MoreFed Keeps Pushing Rates Higher
Few investors should have been surprised when the Federal Reserve raised interest rates after its May meeting.
Read MoreInflation Creeping into Personal Finances
If you have a balance on a credit card or an adjustable-rate mortgage, you might be noticing changes in your payments.
Read MoreAvantax Market Update - May 2022
View this month’s market update video as host Ivan Gruhl, Chief Investment Officer of Avantax provides an update and discusses market returns, inflation, the current Federal Reserve policy and the dollar.
Read More"Unretiring" To Stay in the Game
Knowing when it’s the right time to retire can be difficult, especially if you love your job. Even professional athletes have a hard time knowing when to walk away!
Read MoreWeekly Market Insights: Markets Weigh Menu of Uncertainty
Stocks spent last week digesting the sharp gains of previous weeks as investors assessed a tightening yield curve, the war in Ukraine, and an uncertain outlook for economic growth and inflation.
Read MoreAvantax Planning Video: Exit Strategy
Selling a business is a very personal decision. It can be difficult and overwhelming to know where to start when considering your future, your partners, your family, your employees and team, and your customers or clients.
Read MoreA Challenging Start to 2022
Add it all up, and you could be thinking, “I just want to sit this one out.” But that’s exactly the time when you should remind yourself about investment strategy.
Read MoreStaying Positive
Inflation is running hot, gasoline prices are up, interest rates are climbing, and it’s hard to remember the last time the stock market had a winning week.
Read MoreWeekly Market Insights: Ukrainian War Stresses Economy
War in Ukraine weighed on stocks as investors assessed the economic impact of continued hostilities, expanding economic sanctions, and potentially higher inflation due to rising oil prices and new stresses on the global supply chain.
Read MoreAre you prepared for a market correction?
Here’s a quick refresher: a correction is defined as a decline of 10% or greater from a recent high in the financial markets. Corrections can last anywhere from days to months, but few have lasted longer. Recently, we’ve seen a bumpy ride,
Read MoreStock Market Volatility
Interest rates. Inflation Fears. Political Events. International Developments. During the past year, every one of these events have influenced stock prices.
Read More5 Steps to Evaluate Your Next Cloud-based Accounting Platform
Business owners have enough on their plate without the added stress of selecting a new cloud-based accounting platform. But choosing your next accounting software doesn’t need to be an endless project that demands your constant attention. A
Read MoreYour 4% Withdrawal Strategy May Not Be Enough
YOUR 4% WITHDRAWAL STRATEGY MAY NOT BE ENOUGH Get the Tax Guidance You Need to Help Live the Retirement You Desire There’s a lot of concern among industry experts about whether the popular 4% withdrawal rule can provide enough income...
Read MoreRemote Workers Could Create Additional Taxes For Your Business
Has your company switched to a remote work or hybrid environment for employees?
Read MoreChart A Course For Your Business’ Future With Forecasting
Managing cash flow is essential to business management. Revenue can fluctuate, and expenses need to be paid on time to maintain a positive working relationship with vendors, utility companies, and employees. Thankfully, there’s a...
Read MoreCongress Has Approved the Infrastructure Bill: What’s In It For You?
The long-awaited $1 trillion Infrastructure Investment and Jobs Act (IIJA) received the U.S. House of Representatives’ approval Friday, November 5, 2021, to provide funding for improvements to highways, bridges, and other road...
Read MoreOutsource Sales and Use Tax Compliance to Mitigate Risk
Tax compliance is an essential aspect of any business, with sales and use tax making up a large portion of overall tax requirements. However, sales and use tax can get complicated very quickly as each state and local tax has its own...
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