Indices closed with mixed moves on Thursday. The Dow and S&P 500 shed some points while the Nasdaq managed a fractional gain. Investors proceeded with caution today ahead of monthly employment numbers which are set for release on Friday.
Tornado hit your house? You may be able to claim a casualty loss deduction on your federal income tax return. We explain in this week’s Insurance Tip.
Indices traded well into the green zone on Wednesday. Technology stocks led the way up amid the release of varied economic data.
When donating goods, the fair market value you claim can be challenged, and the burden of proof is with you. Learn more in this week’s Tax Tip.
Trading on Tuesday closed with gains. Technology brands such as Alphabet, Microsoft, Facebook and Alibaba stepped up on a variety of economic news.
Planning to roll over your 401(k) to an IRA? We explain six potential pitfalls to watch out for in this week’s Financial Tip.
Indices closed with mixed moves on Monday. The Dow and S&P 500 tacked on slight gains, while the Nasdaq shed some points. Moves were mixed ahead of economic details due later this week.
In this week’s holiday-shortened edition of “Money Talks,” Director of Research Troy Harmon, CFA, CVA, is joined by Research Analyst Nick Antonucci to discuss the week’s market action, including how the global markets reacted to the terrorist attack in Brussels. The hosts also discuss the S&P sectors’ performance year-to-date, current earnings and economic releases, including the University of Michigan Consumer Sentiment Survey, Existing Home Sales and MBA Mortgage Applications. The remainder of the show featured some of the best case studies from past weeks.
If withdrawals are not taken from an inherited IRA in a timely manner, the funds could be subject to a 50% penalty tax. We explain in today’s Marietta Daily Journal. Read the Article
Another tax form? Yep. Applicable large employers have to file a 1095-C to report health coverage offered to employees. Learn more in this week’s Business Tip.