Chasing Yield, Biden Tax Plan & Social Security
The Chinese developer Evergrande has been in the news, the fear is they are over-leveraged and will soon miss interest payments to investors. This caused a big sell-off in the stock market on Monday and spooked some investors to the sidelines. As I write, the markets have recovered from the one-day sell-off. Investors who invested […]
Capital Gains Tax Increasing for High Earners
As Congress continues to negotiate over budget and infrastructure legislation and key parts of President Biden’s domestic agenda advance, smart taxpayers will start planning for the potential tax code changes that will follow suit in order to finance the plan. (see my previous blog from October 2020 regarding Biden’s tax proposal while campaigning for the […]
The New Hot Spam – Tax Scams
Technology has been rapidly evolving for several years now, even more since the Covid-19 pandemic began. Over the last year our dependence on emails, computers, phones, and various software programs to stay up to date with work and personal life has undoubtedly increased. Unfortunately, hackers’ techniques have continued to evolve during the pandemic as well. […]
Future of Crypto
It seems the days of wondering if crypto is here to stay are becoming a thing of the past as signs are emerging that the cryptocurrencies and blockchain industry are consistently growing stronger. With the cryptocurrency space having gained so much interest, its increasing pace of adoption, and the willingness of both individuals and companies […]
Child Tax Credit 2021
With so many changes happening around us — school winding down, warmer temps, the ability to travel and see friends — one change that we’re keeping an eye on closely here at Lighthouse Financial Advisors are the changes to the Child Tax Credit (CTC). For 2021 only, the CTC will be expanded by the IRS […]
Maybe We Should Sweat The Small Stuff?
Coming off a whirlwind of a year in 2020, as we faced unprecedented circumstances, there were certainly a number of hard lessons learned as we sailed through unchartered territory. For many individuals, the biggest lesson was perhaps the realization that they simply were not prepared for the changes they now had to face. Although grudgingly […]
Setting A Foundation And Getting Your Feet Off The Ground
As the next generation continues to work hard & graduate college, it is important to know what the next steps may be. Some of us are going into business, engineering, law, maybe even astronauts, etc. The world is competitive and as a result, we all aim to push ourselves to be the best we can […]
Having a Plan And Sticking To It!
Things usually go right when we follow a recipe. Things quickly turn into a disaster when we improvise or add in things that don’t belong. Let’s add a little more of this and let’s forget this…unless its bacon which makes everything better. 2020 has been a year with lots of distractions with many reasons to […]
