Tax Consequences if Business Generates Income or Loss
Some businesses pay taxes on business income, while others act as pass-through entities. Learn more in this Business Tip.
Session Ends in Positive Territory
Stocks stepped up on Thursday. The S&P 500 closed at an all-time high, surpassing its previous record set in 2007. GameStop led the way up after posting favorable quarterly data.
Health Care Reform: Considerations for Seniors
Health care reform made some modifications to Medicare including free preventative care and “donut hole” rebates. Read all about it in this Insurance Tip.
Red Results
Indices closed in the red zone on Wednesday. Brands such as JPMorgan Chase, Citigroup, and Apple traded lower amid continued euro-zone concerns. Worries over the potential implications of Cyprus’s bailout for other euro-zone lenders may have impacted action today on Wall Street.
Home Affordable Modification Program (HAMP)
Mortgage loan modification may affect your taxes, as you may have to realize the cancellation of debt. Read more in this Tax Tip.
Another Record for the Dow
Indices ended Tuesday’s session with gains. The Dow hit yet another all-time record level, led up by the likes of Intel, Hewlett-Packard and Boeing. Stocks climbed amid the release of favorable durable goods orders and home price data.
Cost-of-Living Adjustments: What They Are and Why They Matter
Cost-of-living adjustments help keep inflation from eating away your retirement income. Learn more in this Financial Tip.
Brands Retreat
Stocks traded lower on Monday. Industrial brands such as Textron and Caterpillar declined while technology stock BlackBerry slipped following a Goldman Sachs downgrade for the smartphone maker to neutral from buy.
Session Ends in Green Territory
Friday’s session ended with gains. Technology brands such as Apple and Micron Technology traded higher.
Determine if You Have Too Much Debt
In today’s Marietta Daily Journal, Bil Lako CFP®, provides a few formulas to help you determine your level of debt. Read the Article