Roth IRA Conversion

Roth IRA Conversion

During the pandemic, the value of many traditional IRAs dropped with the decline in the stock markets, so it may be time to consider a Roth IRA conversion. Lower income in the conversion year could also be a factor in this decision, since the conversion amount could...
Past Market Declines

Past Market Declines

A war in Ukraine, inflation the highest it’s been in decades, ongoing supply chain constraints, and financial markets selling off for the first 6 months of the year has led to consumer confidence being the lowest ever recorded. As financial advisors, we are often...
Taxation of Crowdfunding

Taxation of Crowdfunding

Crowdfunding was created to kick-start the funding of a project. Previously if someone was interested in acquiring funds, they had only a few options to do so. Those options included: raising money from family and friends, taking out a loan, or trying to gather all of...
Stock Market Decline: Should I Sell?

Stock Market Decline: Should I Sell?

2022 is off to a rocky start for investing with the S&P 500 index down over 20% at one point from its peak. Tech stocks have been hit particularly hard with the average NASDAQ stock down 50% from its high. With the consistent decline in the stock market this year,...
Tax-Loss Harvesting

Tax-Loss Harvesting

Tax-Loss Harvesting – Don’t Miss the Opportunity This time of year many people start thinking about year-end tax planning. An integral part of tax planning involves the potential for tax-loss harvesting in your taxable portfolio. What we are going to discuss below can...