Are You Required to File 1099s?
1099s for 2014 must be provided to independent contractors no later than Feb. 2, 2015. Read more in this Business Tip.
Stocks Step Up
Indices closed Thursday’s session with gains. Mcdonald’s led Dow advancers after announcing that CEO Don Thompson would be leaving the company. In earnings moves, Baxter reported fourth-quarter net income of $953 million and earnings of $1.74 per share, versus net income of $326 million and earnings of 59 cents per share, in the same period, a year ago.
Should Life Insurance Be Part of Your Retirement Plan?
We explore situations where life insurance may make sense for retirees. Read more in this Insurance Tip.
Stocks Slip
Brands retreated on Wednesday following comments from the FOMC meeting. Meanwhile in earnings moves, Boeing announced total revenues that increased to $24.5 billion from $23.78 billion a year ago. EPS climbed 23 percent to $2.31, exceeding an expected $2.11.
Is a 1031 Exchange Right for You?
It’s important to note that 1031 exchanges are not “tax-free” but are “tax deferred.” We explain in this Tax Tip.
Brands Retreat
Indices ended in the red zone on Tuesday. Stocks traded lower in the wake of Microsoft and Caterpillar earnings as well as a variety of economic news. Durable goods orders dipped in December. New orders for goods designed to last several years fell 3.4 percent, versus expectations of a 0.5 percent gain.
New Rates Released for Veterans Pension
Qualifying wartime veterans and their families may be eligible for a tax-free, supplemental pension. Read all about it in this week’s Financial Tip.
Slight Gains
Monday’s trading session closed with slight gains. Chevron led the Dow higher. Meanwhile, crude oil shed 1.1 percent today to settle at a new low of $45.11 a barrel.
Mixed Moves
Indices closed trading with mixed moves on Friday. The Dow and S&P 500 shed some points while the Nasdaq ended in the green zone. Brands traded mixed on a variety of economic news.
Save More to Save More
Ever consider increasing tax-deferred savings to become eligible for tax deductions or credits? You may want to! We explain in this week’s Marietta Daily Journal.