What is The Federal Reserve’s Direction on Interest Rates?

Wp_Site_Admin Financial Planning, Quarterly Market Commentary, Tax Planning

“Life is like riding a bicycle. To keep your balance, you must keep moving.” – Albert Einstein January in the Midwest can be a difficult place to spend your days. Cold and dark days are frequent weather forecasts. The hearty Midwesterners usually have their way of dealing with this somber forecast (travel, spending time doing outdoor winter activities, indoor events, etc.). No matter the method the goal is to think of better days ahead. Spring will eventually arrive. Just need patience and temperament. Keep moving. The same forecast could be said for the investment world. Financial conditions are signaling global …

Inflation Reduction Act of 2022

Wp_Site_Admin Tax Planning, Financial Planning

Last week President Biden signed into law the Inflation Reduction Act of 2022. Here are some applicable sections that may be of importance. The specific tax rules surrounding energy tax credits can be complex, so if you are considering purchasing some energy efficient property let us know and we will be happy to discuss.

How Many Years of Tax Records Do You Need?

Wp_Site_Admin Wealth For Good, Tax Planning

Summertime is not the typical time to be thinking about tax returns. Most people are still basking in the relief of not having to think about taxes for another 9 months! However, tax records are a year-round challenge. By keeping track of records on a continual basis, taxpayers are hopefully protecting themselves against losing receipts. For those that do a good job of organizing, the next logical question is how long should those records be kept? Taxpayers went through the trouble of carefully tracking receipts, so are usually reluctant to get rid of. Keep too long and soon the stack of files becomes burdensome to protect.

New tax rules in 2020

Maggie Mayer Tax Planning

As we noted in our June newsletter, there was a possibility of potential law changes in 2019. Read All

5 Best Practices For Philanthropists

Maggie Mayer Charitable Giving, Estate Planning, Tax Planning

For hundreds of years, across all cultures and lifestyles, philanthropy has been an integral part of society, forging the way for great educational and art institutions, human service organizations, and many neighbors giving their communities an extra hand. Today, those who choose to give to charity do so in new ways and for a variety of reasons. While the end goal has remained the same - positive, charitable impact - the road to get there now requires a commitment to intentional, thoughtful, well - planned giving. Read All


Maggie Mayer Tax Planning

Another April 15th has arrived. It's hard to believe I have been doing this for 17 "spring seasons." If you are confused by the sentence, I was too in my first year out of college. Read All

Wisconsin Child Tax Rebate

Maggie Mayer Tax Planning

For families with children under age of 18 as of December 31, 2017, the sate of Wisconsin is giving parents $100 for each child. Read All

Tax Bunching

Maggie Mayer Charitable Giving, Tax Planning

We Americans are a giving people. For 2016, $390 billion was donated to charity. Individuals (as opposed to foundations and corporations) donated $282 billion of the $390 billion (72%). Read All