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

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

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

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...

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

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,...

IRS2Go is the Official Mobile App of the IRS Check your refund status, make a payment, sign up for helpful tax tips, and more!  IRS2Go is available in both English and Spanish. Download IRS2Go for Your Mobile Device Get it on Google Play Download on the App Store Available at Amazon IRS2Go Offers Many Features Refund...
Texas Unclaimed Property

TEXAS UNCLAIMED PROPERTY Annually, businesses (“holders”) should review their records and, if they hold property that is presumed abandoned (“unclaimed property”), as of March 1st, are required to file a report with the Texas Comptroller of Public Accounts.  The report is due by July 1st.  What is unclaimed property?  Unclaimed property...
Déjà Vu All Over Again

Investment fads come and go. Letting short-term trends influence your approach may be counterproductive to pursuing your financial goals.  Investment fads are nothing new. When selecting strategies for their portfolios, investors are often tempted to seek out the latest and greatest investment opportunities. Over the years, these...
Why Should You Diversify?

As 2019 approaches, and with US stocks outperforming non-US stocks in recent years, some investors have again turned their attention towards the role that global diversification plays in their portfolios. For the five-year period ending October 31, 2018, the S&P 500 Index had an annualized return of 11.34% while the MSCI World ex USA Index returned 1...