Insights

Will this year's gains be derailed by the debt ceiling or the Fed?

Have you made energy improvements to your home? Did you purchase an Electric Vehicle? If so, tax credits are available! The Inflation Reduction Act of 2022 increased the residential credit amounts and the types of expenses that qualify.

According to Wikipedia, “ChatGPT is an artificial intelligence (AI) chatbot developed by OpenAI and released in November 2022. It is built on top of OpenAI's GPT-3.5 and GPT-4 families of large language models (LLMs) and has been fine-tuned (an approach to transfer learning) using both supervised and reinforcement learning techniques.” ¹

Will the next Fed hike be the last?

What do FDIC and SIPC cover? Banks are in the news.

One year ago, almost to the day, we published a newsletter about Financial Planning during uncertain times and 5 tips to reduce stress. Today, with concerns and market volatility still present, we want to remind you of these tips and present you with 4 more to consider.

Regional bank stocks continued to sell off today on concerns of weakness because of the banks that recently failed, Silicon Valley Bank and Signature Bank.

The Tax Cuts and Jobs Act of 2017 imposed a $10,000 cap on the deduction of state and local taxes (SALT) for individuals who itemize their deductions. Over the years, many states have adopted a SALT Cap workaround and after the signing of Senate Bill 246 into law, Ohio now allows pass-through entities (PTEs) to elect to be taxed at the entity level starting with the 2022 tax year.

Stocks rally despite more Fed hikes on deck, new video, buyback Q&A.

Legislation known as the “SECURE Act 2.0” was included as a part of the bigger Consolidated Appropriations Act of 2023, which was signed into law on December 23, 2022. This act is a follow-up to the original SECURE act passed in 2019 that made several significant changes to retirement planning, including how people can inherit retirement accounts to the age for Required Minimum Distributions. This article will provide information on several of the changes included in this recent bill.