Reflecting Upon an Unprecedented First Quarter

This past quarter was both awful and one for the record books. The first global pandemic in over 100 years brought an end to the longest bull market in U.S. history with declines so sharp they triggered multiple exchange trading halts. The S&P 500 took just 16 days to enter a bear market, its quickest 20%… Read more »

NEW 2019 Tax Filing Deadlines & Reminders

Over the last several days, the IRS has rolled out new deadlines and information for taxpayers in response to the COVID-19 pandemic.  Please see the updates regarding 2019 federal income tax return deadlines below. Federal Tax Filing and Payment Federal income tax return filing and payment deadlines for the 2019 tax year have been extended 90… Read more »

Protecting aging parents from financial exploitation

As our parents age, one of the many factors we need to consider as adult children is their finances and if they’re vulnerable to financial exploitation. After all, many cases of financial exploitation have a root cause in impaired decision-making abilities. Poor decision-making is a consequence of cognitive decline among seniors; even very subtle age-related… Read more »

Plunging Oil Prices Deepen Market Fears

It is ironic that we share this update on the exact same day that the Bear Market attributable to the Great Financial Crisis reached its very own bottom 11 years ago. Earlier this morning, the selling pressure in stocks was intense enough to trigger a 15-minute trading halt after the market’s open. To most everyone engaged… Read more »

2019 Tax Season Reminders

As we prepare for the upcoming tax season here are a few reminders. 1099 Delivery Reminders • Realized gain/loss (cost basis) and IRA distribution details are included on your 1099 tax documents coming directly from TD Ameritrade. Please provide your 1099s to your tax professional for preparing your 2019 tax return. • Clients who have… Read more »