If investments you sold in 2019 lost money, you may find some solace in the IRS tax code. You can deduct certain losses from your taxable income – called tax-loss harvesting – when you understand the rules. Here they are briefly: TERMS DEFINED For starters, the IRS has separate tax rates for long-term investments – […]

On Dec. 5, the IRS released the long-awaited final version of the 2020 Form W-4, retitled Employee’s Withholding Certificate, with major revisions designed to make accurate income tax withholding easier for employees starting next year. All new employees hired as of Jan. 1, 2020, must complete the new form. Current employees are not required to […]

It was confirmed that Charles Schwab and TD Ameritrade are combining (11/25/19).  This has no bearing on our firm and we will still manage the accounts in the same manner we previously have.  We have had a relationship with both firms for a long period of time and will evaluate possible changes to make sure […]