2020 Tax Filing Deadline for Individuals is Extended to May 17th
2020 Tax Filing Deadline for Individuals is Extended to May 17th But ask yourself whether there is any real benefit to waiting to file your taxes The U.S. Department of the Treasury is delaying the April 15th deadline to file and pay taxes until May…
Financial News for the Week of March 19, 2021
FINANCIAL NEWS HIGHLIGHTS OF THE WEEK Most Federal Open Market Committee members see no interest rate hikes until at least 2024 despite a sharp upgrade to the growth outlook. Retail sales weakened on the back of frigid temperatures, but additional…
Financial News for the Week of March 12, 2021
FINANCIAL NEWS HIGHLIGHTS OF THE WEEK One year after the start of global lockdowns, it is starting to feel like the end is finally approaching. The new fiscal package signed into the law will continue to support a stronger economic recovery and the…
Facing Down the Fear of Running out of Money in Retirement
Facing Down the Fear of Running out of Money in Retirement Tips to avoid one of the biggest retirement worries that all of us will face Retirement is a major milestone that brings many life changes. One thing that doesn't change for most people: the…
Financial News for the Week of March 5, 2021
FINANCIAL NEWS HIGHLIGHTS OF THE WEEK The ISM indexes diverged in February, with manufacturing improving and services falling on the month. However, both remain well in expansionary territory. Vehicle sales, meanwhile, fell 5.7% to 15.7 million…
Financial News for the Week of February 26, 2021
FINANCIAL NEWS HIGHLIGHTS OF THE WEEK Federal Reserve Chairman Powell reassured markets that there will be no early tightening of monetary policy or drawdown of asset purchases even with a brighter economic outlook. Consumers remain at the…
Financial News for the Week of February 19, 2021
FINANCIAL NEWS HIGHLIGHTS OF THE WEEK The week’s data confirmed that the U.S. economy continued to make progress early in 2021. That progress looks likely to get a substantial shot in the arm from the $1.9 trillion American Rescue Plan in the…
Sick and Family Leave for the Self-Employed
Sick and Family Leave for the Self-Employed New form available from the IRS to claim sick and family leave tax credits The Bureau of Labor Statistics counts self-employment in different ways, but estimates that there are close to 10 million, with…
Financial News for the Week of February 12, 2021
FINANCIAL NEWS HIGHLIGHTS OF THE WEEK The headline Consumer Price Index rose 0.3% in January and was up 1.4% year-on-year. Removing food and energy prices, the core index was flat on the month and slowed to 1.4% year-on-year from 1.6% in December.…
Filing your 2020 Taxes
Filing Your 2020 Taxes Tips for paying taxes soon and what to do if you can’t pay on time When should you file your income tax? The earlier, the better; before the end of February – if you expect to get a refund. If you file by the end of February,…