Finally we can all go ahead and file our personal income taxes. While there may be another corrected 1099 later, it would be highly unlikely and probably would not change any of our net returns. Thanks so much for all…
This morning I perused my normal 15 electronic newspapers in expectation of dramatic comments concerning the passage of Healthcare reform. Not surprisingly, the lead story in almost all sources was/is the Healthcare Reform vote, but surprisingly there is little detail on the…
Today the FOMC (Federal Open Market Committee) better known as the “The Fed,” concludes their two day meeting with a public interest rate, and economic announcement at 2:15 Eastern Time. We expect no significant changes in the Fed’s statements today,…
As earnings season/90 day treadmill has official finished, capital market participants turn their attention to Economic numbers for clues to the future. The last several weeks have been uneventful in the capital markets as the majority of quarterly reported earnings…
Tomorrow I will be out of the office, traveling to Oklahoma for a quick turn-around trip. I may be delayed in getting back should you have questions. The office will be running af full steam, and as I am reminded,…
The proliferation of tax software along with free electronic services that complete US Tax returns has been on a tear over the last several years. In an outstanding article from the New York Times , pointed out to me yesterday…
As we stated in an earlier post, with earnings season (90 day treadmill) mostly finished, the clues for our progress lie in the economic numbers, with extra focus on the employment situation. This morning the Labor Department released the Unemployment report which…
Continuing with our tax related information, I found a nice article from the IRS explaining AMT and will post it below. As a quick reminder, I will be out of the office tomorrow, traveling to NY, but will return to the…
Our headline today represents our humorous take on the levels of the capital markets as we enter the third month of the year with little forward movement in most areas, which is fine by us. The S&P 500, our favorite domestic…
The IRS gives each of us a standard deduction for Federal Income Tax purposes. According to the IRS Website, the standard deduction is a dollar amount which reduces the income in which you are taxed. This amount is adjusted for…
