Advisors should double down on efforts to convince clients to craft or update their estate plans, a new survey suggests. Only about a third of Americans have an estate plan—34%—according to a survey released Tuesday by D.A. Davidson & Co. Among those with a plan,...
As Home Sale Prices Surge, a Tax Bill May Follow Single sellers can exclude $250,000 from their taxable profit and married sellers $500,000. The amounts haven’t changed in 25 years. It has been a seller’s market for houses in recent years, particularly in the...
Fed Hikes Rates By 75 Basis Points—Here’s Why It’s Not All Doom And Gloom For Investors In a widely expected move on Wednesday, the Federal Reserve wrapped up its two-day policy meeting by announcing a third consecutive 75-basis-point interest rate hike, raising...
High Inflation Brings Changes to Your Tax Bill One ripple effect of the high inflation eating into Americans’ spending power may be lower tax bills. Many workers will get bigger paychecks in January and be able to stash more money in their retirement accounts when the...
Three Considerations For Putting Your Rental Property Ownership In An LLC You seriously want to be like Mrs. Jones when you grow up. Now you are probably wondering, “Karla, who’s Mrs. Jones?” Well, let me tell you, Mrs. Jones is someone who buys all her real estate...
Inflation may not be as bad as you think. Here’s how inflation is measured You may not give a hoot about the headlines or economic theory, but it’s impossible to miss that the cost of everything from milk and meat to cars and computers is soaring. That’s...