Sailing with the Tides
Apr
02

Embarking on a financial plan is like sailing around the world. The voyage won’t always go as planned, and there’ll be rough seas, but the odds of reaching your destination increase greatly if you are prepared, flexible, patient, and well-advised. A mistake many inexperienced sailors make is setting sail without having first charted their course. They...
Tax Reform Update - Meals & Entertainment
Jan
12

This is our first in a series of Tax Reform topics.  As most of you know, the new law took an axe to some significant M&E deductions. What We Know Most business entertainment expenses are no longer deductible.  These would include sporting events, the theater, clubs, golf outings, etc.  The entertainment activities that...
January 2018 - As Goes January, So Goes the Year
Jan
10

As investors ring in the new year, some may see the occasional headline about the “January Indicator” or “January Barometer.” This theory suggests that the price movement of the S&P 500 during the month of January may signal whether that index will rise or fall during the remainder of the year. In other words, if the return of the S&P 500 in...
Tax Reform, Year-End Planning
Dec
28

As you may have seen from our prior post, Year-End Tax Tips, In Light of Tax Reform, the new tax law that passed last week put a cap on the aggregate of the property tax & state tax deductions in 2018 at $10,000.  This will apply to any payments made for property taxes OR other state taxes in 2018.  There has been a lot of speculation about...
Tax Reform, Year-End Planning
Dec
22

The end of the year is traditionally a good time to tackle tax planning. You have an idea of what your total income will be, so you can make decisions with an eye on tax efficiencies. This year, the back-and-forth on tax reform has narrowed the window of opportunity a bit. Now that comprehensive tax reform has passed the House and Senate and will soon be...
Bitcoin, Beaird Harris, Tax, Wealth Management, Investment
Dec
21

Bitcoin and other cryptocurrencies are receiving intense media coverage, prompting many investors to wonder whether these new types of electronic money deserve a place in their portfolios. Cryptocurrencies such as bitcoin emerged only in the past decade. Unlike traditional money, no paper notes or metal coins are involved. No central bank issues the...
Senate Passes Tax-Reform Bill
Dec
05

Early Saturday morning, the U.S. Senate passed the “Tax Cuts and Jobs Act, H.R. 1.”  As reported by the Journal of Accountancy, “The Senate bill also differs from the version of H.R. 1 that the House of Representatives approved on November 16th. This means that the two houses will have to hold a conference to reconcile the differences between the bills...
Dec
04

Focusing on what you can control can lead to a better investment experience. Whether you’ve been investing for decades or are just getting started, at some point on your investment journey you’ll likely ask yourself some of the questions below. Trying to answer these questions may be intimidating, but know that you’re not alone. Beaird Harris is here to...
The Uncommon Average, Tra Sullivan, DFA, Beaird Harris, Stock Market
Oct
04

“I have found that the importance of having an investment philosophy, one that is robust and that you can stick with, cannot be overstated.” —David Booth The US stock market has delivered an average annual return of around 10% since 19261.  But short-term results may vary, and in any given period stock returns can be positive, negative, or flat...
Identity Theft
Sep
15

In response to several inquiries around the recent Equifax security breach – which compromised the personal information of as many as 143 million Americans – we wanted to alert you as to steps you can take to help ensure your identity is protected.  Here’s what you need to know. What happened? Equifax Inc., one of the three major credit reporting...