A major global selloff unfolds. Is a bottom near?Presented by Gray Equity Management, LLC When will the stock market stabilize? As the last trading week of August began, worried investors wondered just that. Gains for the major indices were hard to imagine at Monday’s opening bell, but few imagined the Dow Jones Industrial Average would drop […]
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With the Fed poised to gradually raise rates, this is worth considering.Presented by Gray Equity Management, LLC America once experienced something called “moderate inflation.” It may seem like a distant memory, but it could very well return in the second half of this decade. A remote possibility? Most economists think the Fed will start raising interest
How Might Higher Inflation Affect Your Investments? Read More »
If you are between 40 & 60, beware of these financial blunders & assumptions.Presented by Gray Equity Management, LLC Between the ages of 40 and 60, many people increase their commitment to investing and retirement saving. At the same time, many fall prey to some common money blunders and harbor financial assumptions that may be
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It is important for to keep your company’s name consistently in front of the public, particularly in a competitive business environment. It can be helpful to be innovative in your marketing and promotional techniques, but where do you draw the line? In a recent case, the Tax Court upheld more than $160,000 in deductions over
Tax Court Revs Up Deductions for Promotional Expenses Read More »
Some factors for parents and grandparents to consider.Presented by Gray Equity Management, LLC Naming a minor as a beneficiary brings up a major concern. If parents or grandparents make a child a primary or contingent beneficiary of an insurance policy, IRA or investment account, they should be aware that most policies and investments will not
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Unlike business people in most other walks of life, contractors and construction workers typically work at several sites during the year, while maintaining a home base. If you work in the industry, you are frequently out in the field or taking meetings with customers, incurring substantial travel and entertainment (T&E) expenses. Of course, qualified T&E expenses are
Estate planning vehicles created with disabled heirs in mind.Presented by Gray Equity Management, LLC If you have a child with special needs, you face long-run financial demands that cannot be fully met through federal and state assistance. What can you do to try and meet them? A special needs trust may provide an answer to
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By John W. Cashman, Jr., CPA A recent Tax Court ruling led to an unfortunate end to a “feel good” story. Upon the death of his father, a man inherited a traditional IRA. The son opted to receive the proceeds of the IRA in a lump sum. Following his father’s wishes he then shared the
Give and Ye Shall Receive — a Tax Bill Read More »
Don’t ignore it. Here’s why.Presented by Gray Equity Management, LLC Here’s the scenario… you get a card in the mail, one of those little reminders that tell you it’s time for your annual financial checkup. Your reaction: I’ll take care of that later. Here’s why you should look forward to it.Why do I need an
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Many McDonald’s franchises are family-owned businesses. The dynamics of a family business can be very different from those in a non-family corporation. Personal history, differences in personality and emotions that can be dismissed in a corporate setting can take center stage when the company is family-owned. There is no more sensitive topic in a family
How Much Should You Pay Family Members? Read More »