SECURE Act Update 2
Jan
15

The SECURE Act is the largest change to corporate retirement plan laws since the Pension Protection act of 2006, so if you are a business owner, help operate your company’s retirement plan or a CPA there are a lot of changes to be aware of. The change to retirement plans generally fits one of three themes, which is how this article will be organized....
Secure Act Update 1
Jan
09

Non-Spouse Beneficiaries The Act does away with the ability to “stretch” required minimum distributions (“RMDs”) over their lifetime.  This is not retroactive, so it will not affect beneficiary IRAs already in existence, only those created on or after 1/1/2020.  This means that starting this year, beneficiaries who inherit IRA monies will now...
Hindsight Is 20/20. Foresight Isn’t.
Dec
10

The year 2019 served up many examples of the unpredictability of markets. Interest rates that US policy makers expected to rise fell instead. American consumers’ confidence weakened as the year began,1 and news headlines broadcast fears of an economic slowdown. But investors who moved onto the sidelines may have missed the gains in the US stock...
Timing Isn't Everything
Nov
20

Over the course of the holidays, it’s not unusual for the stock market to be a topic of conversation at a dinner party or other social gatherings. A friend or relative might ask about which investments are good at the moment. The lure of getting in at the right time or avoiding the next downturn may tempt even disciplined, long-term investors. The...
FAANG
Nov
12

Is the market getting by with a little help from the FAANGs? And does their performance stand out historically? Investors may be surprised that it's common for a subset of stocks to drive a sizable portion of market returns. The stocks commonly referred to by the FAANG moniker—Facebook, Amazon, Apple, Netflix, and Google (now trading as Alphabet)—have...
End of Year Tax-Planning Reminders
Nov
07

2019 has flown by and we are quickly approaching the holiday season. It is also year-end tax planning season and we are here to help! Please don’t hesitate to reach out to brainstorm ideas specific to your situation. Here are a few ideas as food for thought: Business Owners Purchase new equipment or a vehicle – depreciation rules are still very...
The Wayfair Decision
Nov
06

On June 21, 2018, the Supreme Court of the United States handed down a historic decision in the sales and use tax nexus case South Dakota v. Wayfair, Inc. The 5-4 ruling overturns physical presence standards upheld in previous cases, such as Quill Corp. v. North Dakota (1992) and National Bellas Hess Inc. v. Department of Revenue of Illinois (1967­), where...
Charitable Giving Strategies
Nov
04

As you consider your year-end charitable giving strategies – whether you want to support the recovery efforts for the victims of the recent tornadoes, support your favorite qualified charity or make your annual gift to your church – we want to remind you of three lesser-known charitable giving strategies that could serve to reduce your tax liability. 1...
Oct
18

Has value really lost its vigor? While growth stocks have outperformed in the past decade, value returns have largely tracked their long-term historical average. There’s a misconception in the markets: value stocks have lost their vigor. Value stocks have underperformed growth stocks over the past decade. In the US, the annualized compound return...
Getting to the Point of a Point, Investments, DOW, S&P, Beaird Harris, DFA, Dimensional
Mar
14

A 500-point swing in the Dow doesn’t mean as much as it used to. Here’s why and what it means for your investment portfolio. A quick online search for “Dow rallies 500 points” yields a cascade of news stories with similar titles, as does a similar search for “Dow drops 500 points.” These types of headlines may make little sense to some investors,...