When financial advisors have clients under IRS audit
Advisors tend to avoid clients’ tax issues when they involve the IRS. It’s a missed opportunity to add value.
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Advisors tend to avoid clients’ tax issues when they involve the IRS. It’s a missed opportunity to add value.
Reality check. the news media hasn't done a great job of communicating where the country's really at. you see a lot of doom and gloom and not a lot of substance to back that up economically. the s&p 500 ended 2021 with a 27% gain. about half of americans are not invested in the stock market which means about half are, and that market performance helps your 401k and your iras. then your job, the unemployment level at a low. average hourly pay has risen as a result, 4.6% in the past year. and all of these signs are signs of a strong economy, but let's not go overboard here. not everything is won...
That long-term investing strategy we want them to do with the same strategy they have for their iras for retirement. >> let me ask you this, i know you've given a blueprint of plans to install a digital mining network at city hall. some people might look at this and say on your personal time, sure, go ahead and do what you want to do with your finances. there may be some trepidations about bringing this into city and state government. to what you say what? >> first off, that was a plan and unfortunately right now in the state of tennessee we can't do that because local governments can't hold a...
People who were elected to put any stocks they own into a qualified blind trust. this is an approach that we have seen used in other contexts as well, of the problem is the trust is only as blind as a trustee. and there is no guarantee that somebody won't be telling their trustee what they want done, or how to act. there is also cost of administrative expensive to setting up that qualified blind trust. there are different approaches, here but they all really share the same thing, which is numbers of congress should not be wheeling and dealing to benefit themselves. they should be working and d...
When the SECURE Act was making its way through the House and Senate in mid-to-late 2019, senators claimed that the legislation would "make significant strides in fixing the nation's retirement crisis...