Blog

Tax Tip Tuesday: Well, Wasn’t That Pleasant?

April 16th, 2019|

By Jeffrey R. Wolfe, Senior Vice President, Manager of Wealth Planning Strategies

So, another tax season has come to an end.  This one, though, was a little unique as it was the first tax season under the Tax Cuts and Jobs Act of 2017 (“Tax Act”).  Were you surprised this year?  Did you have to pay […]

Congratulations! It’s Tax Freedom Day!

April 16th, 2019|

By Theresa Fry, Senior Vice President and Manager, IRA’s and Retirement Planning

You may still be recovering from paying your income taxes, but did you know that you can now celebrate “Tax Freedom Day®” according to the nonpartisan Tax Foundation.  Today, American taxpayers will have earned enough as a whole to pay off their federal, state, […]

Borderline Border Crossing

April 15th, 2019|

By Pete Biebel, Senior Vice President

Last week I wrote that, “One key take-away from this week’s trading might be how COMP and SPX perform if, and when, they reach those big number levels.  If SPX can punch through 2900 for more than a few hours and by more than a few points, then it’s likely […]

April Brings Taxes, National Retirement Planning Week and Financial Literacy Month

April 11th, 2019|

By Theresa Fry, Senior Vice President and Manager, IRA’s and Retirement Planning

Nowadays, it seems there is a day, week, or month devoted to everything – National Garlic Day, National Bowling Week, and National Canine Fitness Month to name a few.  In the financial world, the month of April bring us our tax filing deadline day, […]

Tax Tip Tuesday: Higher Income Means More Taxes and Likely Less Deductions

April 9th, 2019|

By Jeffrey R. Wolfe, Senior Vice President, Manager of Wealth Planning Strategies

As we have discussed throughout this year’s blog series, the new tax laws have lowered income tax rates generally.  However, Uncle Sam still plans to take a little extra from higher income earners.  While many tax thresholds are indexed for inflation, like the AMT […]

Feeling More Pullish

April 8th, 2019|

By Pete Biebel, Senior Vice President

Stocks easily continued higher last week with both the Dow Jones Industrial Average (DJIA) and the S&P 500 Index (SPX) gaining about 2% for the week.  The NASDAQ Composite Index (COMP) was up nearly 3%.  The averages all gapped higher on Monday morning and never looked back.  They also gapped […]

Tax Tip Tuesday: Is My Social Security Taxable?

April 2nd, 2019|

By Theresa Fry, Senior Vice President and Manager, IRA’s and Retirement Planning

At one time, all Social Security benefits were tax free. Today, if your only source of retirement income is Social Security, then it may still be tax free.  Most people must pay income taxes on a portion of their Social Security income.  The higher […]

Quality Quarter Quietly Concludes

April 1st, 2019|

By Pete Biebel, Senior Vice President

Last week brought a fairly quiet ending to a relatively raucous quarter.  Despite a bearish conclusion in the prior week, the major averages all racked up gains of about 1% to 1 ½% last week.  It was a fine ending to a fantastic quarter.  Year-to-date, the Dow Jones Industrial Average […]

Tax Tip Tuesday: Tax Tips for Parents

March 26th, 2019|

By Edward “Ed” V. O’Neal, Vice President and Manager, Retirement Plans

If you are a parent of young children, teenagers or other dependents, tax season can often be a frustrating exercise of trying to understand and effectively utilize key tax credits and deductions.  Additionally, the recent enactment of the Tax Cuts and Jobs Act (TCJA), which […]

Sneak Peak

March 25th, 2019|

By Pete Biebel, Senior Vice President

In my most recent commentary two weeks ago, I summarized the damage done to the market in the prior week.  Following an impressive ten-week rally off the Christmas Eve lows, it was the worst week yet this year. The averages were down on all five trading days that week.  So, […]