A federal gift tax return must be filed if any gifts you made during the calendar year were other than: Gifts to your U.S. citizen spouseGifts to a political organization for its own useGifts to qualified charities, if no other interest has been transferred for less than adequate consideration or for other than a charitable useGifts totaling $19,00...
Anyone involved in financial matters of any kind will have to deal with interest, either working for or against you. A quote often attributed to Albert Einstein provides readers with insight into the benefit or crutch of interest in your financial strategy. He supposedly said, “Compound interest is the eighth wonder of the world. He who understands...
THE YEAR 2025 was a good example of the prevailing regime. That is, we are witnessing markets that are driven less by fundamentals and traditional business-cycle dynamics and more by fiscal and monetary policy influence. As fundamentals have taken the back seat, policy decisions have emerged as one of the most impactful forces driving market direct...
As a retiree, you've likely spent a lifetime planning ahead by saving for the future, guarding your health, and building a legacy. But while gifts of cash or keepsakes are always appreciated, there’s another gift to consider that’s both practical and deeply meaningful. It is the gift of insurance. Whether you're looking to support a grandchild's fu...
When people think of “myths,” they often think of such stories as Pandora’s Box (the woman who took the lid off of a jar releasing all of the world’s ills upon the world, were taxes one of them?), or the Tale of Prometheus (who stole fire from his fellow gods to give to humans and was punished by Zeus with eternal suffering...
As the year draws to a close, it's an ideal time for business owners to evaluate their company’s financial health. Year-end planning is critical and can help establish a confident foundation for the future. However, for many business owners, year-end planning can feel overwhelming. This guide aims to streamline that process with the following step-...
The holidays may still seem far away. But if you’re looking to save money and manage stress, now might be the time to start shopping, especially in today’s economic climate. Between rising prices, inflation-related cost increases, and new tariffs that may affect imported goods, this year’s holiday season seems likely to hit your wallet harder than ...
Market uncertainty occurs when investors find it challenging to analyze current and future market conditions due to market volatility. Various factors, such as inflation, central bank policy changes, interest rate fluctuation, investor behavior, unemployment news, and industry buzz, can cause market volatility. Market uncertainty can be stressful, ...