Determining the FMV of publicly traded stocks and bonds is relatively straightforward as stocks and bonds are fungible, and the market prices of similar investments sold on the same day as the transfer are readily available. Determining the FMV of illiquid assets,...
Know the signs of identity theft You may not know you’re a victim of identity theft until you’re notified by the IRS of a possible issue with your return. Be alert to possible tax-related identity theft if: You get a letter from the IRS inquiring about a suspicious...
The second major piece of retirement legislation in little more than two years advanced in the House on Tuesday, putting required minimum distributions in line to rise to age 75 over the next decade and increasing the limits on catch-up contributions to retirement...
Avitas Capital invests in supply chain innovator The Avitas Capital Ascent Fund, LP (www.avitascap.com) participated in a recent investment in Flexport (https://www.flexport.com/), a supply chain company that is bringing long overdue innovation by integrating new...
Yesterday March 29th, 2022, a big thing happened in the bond market. The yield on the two-year government note briefly traded higher than the yield on the 10-year government bond, prompting what’s known as a “yield curve inversion.” This is relatively rare and often...
The table shows the movement of the S&P 500 following select geopolitical/military events. Unless the wartime event coincided with a recession, the market rebounded 75% of the time within a year. After 12 months the S&P 500 is positive for 75% of the selected...
