Tax Advice Santa Rosa – WHY 2014 MAY BE A VERY GOOD YEAR

January 7th, 2014 → 7:27 pm @ // No Comments

More improvement may be in store for the economy & the stock market. Will the economy & the bull market make further strides in 2014? On both Wall Street and Main Street, 2013 turned out better than many analysts expected. Will the recovery gain additional momentum in 2014, and will stocks climb even higher? Optimism […]

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Tax Advice Santa Rosa – TAX PERKS OF YEAR-END CHARITABLE GIFTING

December 18th, 2013 → 5:08 pm @ // No Comments

Help the causes you care about & help your finances in the process. An opportunity for you to give & save. As 2013 ends, you may be considering making one or more charitable gifts. In most instances, they are tax-deductible with benefits for the donor as well as the recipient. As you make any charitable […]

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Tax Advice Santa Rosa – IRS RETIREMENT PLAN ADJUSTMENTS FOR 2014

December 2nd, 2013 → 10:48 pm @ // No Comments

Rules changes for IRAs, 401(k)s & other savings vehicles. The IRS has made minor adjustments to retirement plan limitations for 2014. As inflation has been tame in 2013, these COLAs aren’t dramatic; as a result, some retirement plans won’t see any next year. Here is a roundup of the changes for 2014. IRAs. Not much […]

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Tax Advice Santa Rosa – SOCIAL SECURITY IN 2014

November 14th, 2013 → 6:00 pm @ // No Comments

Next year’s small COLA isn’t the only adjustment related to the program. Here are six things you need to know about Social Security for 2014. For clarity’s sake, here is a rundown of what is changing next year, and what isn’t. Social Security recipients are getting a raise – but not much of one. Next […]

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Tax Advice Santa Rosa – WHAT WOMEN SHOULDN’T RETIRE WITHOUT

October 24th, 2013 → 9:42 pm @ // No Comments

A practical financial checklist for the future. When our parents retired, living to 75 amounted to a nice long life and Social Security was often supplemented by a pension. How different things are today! The good news is that life expectancy for women – as measured by the Centers for Disease Control – is now […]

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Tax Advice Santa Rosa – THE 1995-96 SHUTDOWN & ITS IMPACT

October 9th, 2013 → 8:16 pm @ // No Comments

How did the market hold up then? What can we learn from that time? Will the market hold up as well as it did last time? That is the near-term question on the minds of some investors as the partial shutdown of the U.S. government drags on. Stocks bounced back quickly from the 3-week gridlock […]

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Tax Advice Santa Rosa – WHY DON’T ALL AFFLUENT PEOPLE BECOME WEALTHY?

October 8th, 2013 → 8:28 pm @ // No Comments

Perception, hesitation & poor decisions are factors. Why do some people let their potential for lifetime wealth slip away? Some people are better off economically at 30 or 40 than they are at 50 or 60. What happened? Could it be that bad decisions and inaction are to blame? They buy depreciating assets, instead of […]

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Tax Advice Santa Rosa – SOCIAL SECURITY ADMINISTRATION ANNOUNCES IMPROVED INTERNET SERVICES

September 25th, 2013 → 6:26 pm @ // No Comments

The Social Security Administration has announced improvements to the internet services that are available at www.socialsecurity.gov. Visitors to the site can see how much their retirement benefit will be by using the new Retirement Estimator. And, you can file for monthly retirement or disability benefits online. Over 8 million users have set up an online […]

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Tax Advice Santa Rosa – WILL THE SYRIA CRISIS SHOCK THE MARKETS?

September 5th, 2013 → 9:21 pm @ // No Comments

Are fears of a correction & runaway oil prices overblown, or justified? U.S. military action in Syria appears imminent. Assuming it happens, what happens to the financial markets? Investor reaction on August 27 (the day U.S. intervention was mentioned as a possibility) was not exactly surprising. Gold entered a bull market again, oil prices reached […]

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Tax Advice Santa Rosa – IMPLICATIONS OF RISING MORTGAGE RATES

August 20th, 2013 → 3:49 pm @ // No Comments

Are they threatening the recovery? Or is their effect overstated? Between early May and mid-July, the average interest rate on the 30-year fixed-rate mortgage rose about 1%. Rates on 30-year FRMs have basically held steady since hitting a peak of 4.51% in Freddie Mac’s July 11 Primary Mortgage Market Survey – in the August 15 […]

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