May 31, 2022 - By Frank Corrado, CPA, CFP®, RLP. Many parents are intent on saving for their children’s education. The recent market downturn has reduced retirement saving balances and has resurrected an often asked question, “Should I be saving
Inquiring Minds
What the Fed’s Interest-Rate Increase Means for You.
May 25, 2022 - By Frank Corrado, CPA, CFP®, RLP. The Federal Reserve has recently raised its short-term benchmark interest rate by a half-percentage point (between 0.75% and 1), the sharpest increase since 2000. Even though widely
What is a Roth Conversion, and why are they becoming so popular?
May 18, 2022 - By Frank Corrado, CPA, CFP®, RLP. When and why you might consider a strategic Roth conversion. A Roth IRA conversion allows you to turn a traditional IRA or 401(k) into a Roth. The value of the assets converted will draw tax,
Can Tax-Loss Harvesting Improve Your Investing Returns?
May 10, 2022 - By Frank Corrado, CPA, CFP®, RLP. The recent sell-off in the capital markets has left investors with unrealized capital losses in their portfolios. While no one goes into an investment to lose money, part of having a
Should I Invest in Individual Bonds or Bond Funds?
April 27, 2022 - Given the performance of the bond funds in 2022, it's a good question! First, let me outline a couple of key principles of the markets in fixed income securities, also referred to as the bond market. A bond is a fixed-income
Social Security, Marriage and Divorce
April 13, 2022 - With more than 2,700 rules, optimizing the benefits of Social Security is undoubtedly a challenging topic for clients and advisors alike. While the question "When should I start taking social security" is on most people's minds,
It’s a Family Affair
April 6, 2022 - Many of our small business clients ask us, “Is it true that hiring family members can bring significant tax benefits to our business?” In short, yes! The Tax Code is “generous” in supporting small businesses and families. Combine
What are Alternative Investments?
March 30, 2022 - When it comes to investing, you’re likely familiar with stocks and bonds, but there’s a whole universe of possibilities outside of these traditional asset classes. Alternative assets are a robust opportunity set to complement a
Gifting for a Home Purchase
March 23, 2022 - It is not unusual for parents to offer to help their children purchase their first home. Those searching for a home will apply for a mortgage and qualify on their income-earning capability. However, many do not have the funds
Turn Your Vacation into a Tax Deduction
March 16, 2022 - The impact of the pandemic is easing, and business travel is on the rise. Making client calls, visiting vendors, and going to conferences are all scheduled on business calendars, but what about vacations? Has COVID-19 made you
