Multi-year Tax Planning

According to estimates, there will be 29 million more taxpayers using the standard deduction for the 2018 tax year than did in 2017. Usually, one who is relying on the standard deduction, can get away with fairly minimal tax planning—maximize contributions to qualified retirement plans, offset capital gains with capital losses, and so on. However, […]

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Sideways, Lower and Higher

Why do we constantly hear about investment time-horizons? Because, as the old saying goes, time in the market is a consistently effective approach to investing while timing the market is not a dependable strategy. It is impossible to know what the market is going to do. We can’t even agree on what the market has […]

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No “Clawbacks”

Next year the amount exempt from the federal estate and gift tax will be $11.4 million per taxpayer.  For a married couple, assuming that they both die next year, the exemption is doubled, to $22.8 million.  This exemption is scheduled to fall roughly in half in 2026, unless Congress acts before then to make it […]

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Headwinds Down to a Breeze

The stock market correction stalled last week. One of two headwinds was eliminated when Fed Chairman, Jerome Powell, confirmed the members of the Federal Open Market Committee are not the ill-informed, mindless and stubborn group many self-serving market participants and commentators had declared them to be in recent weeks. The market gained 4.85%, as measured […]

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