Planning Around Medicare ‘Surtax’
You cannot avoid taxes, but you can do your best to minimize their impact on your financial future. We explain in today’s Marietta Daily Journal.
Slight Rebound
Stocks such as JPMorgan Chase and Bank of America traded lower Thursday, but brands rebounded well off earlier low levels. When all was said and done, indices ended flat on news of jobless claims, new-home sales and consumer confidence.
Will Capital Gains Be Changed?
Capital gains and related issues make up approximately half of the tax code. Is reform in our future? Read all about it in this week’s Tax Tip.
Brands Retreat
Wednesday’s post-holiday session ended in red territory. Wal-Mart led the decline on the Dow. Retailers took a breather on less-than-bountiful sales levels for the month.
The Economics of Borrowing from Your 401(k)
Before you raid your 401(k) balance for a loan, you should carefully consider the long-term opportunity cost. Learn more in this Financial Tip.
Slight Slip
Indices closed in the red zone on Monday. Hewlett Packard and Microsoft led the way down in abbreviated pre-holiday trading.
Session Ends in the Red
Friday’s session closed in red territory. Stocks such as Bank of America, Walt Disney, Caterpillar and Alcoa led the way down. Brands took a breather as budget talks came to a standstill in Washington. Stocks slipped amid a variety of economic data.
The Complex Medicare Tax
In today’s Marietta Daily Journal, Bil Lako, CFP® explains the 3.8% Medicare Surtax with some examples. Read the Article
Should You Self-Insure Your Business?
Insurance is a cost of doing business, but a business can self-insure, which, depending on the risk, may lower costs. Learn more in this Business Tip.
Stocks Step Up
Stocks climbed today on Wall Street. Brands such as Bank of America, Disney, UnitedHealth, and JPMorgan Chase posted gains on the Dow. Trading moved higher amid more “fiscal cliff” news. Although they have yet to agree on an ultimate solution, House Speaker John Boehner said he expects to keep working on a budget plan with President Barack Obama.