The Big Picture

JULY 27, 2022

Consider these columns going back to 2013 pointing out the foolishness of tax-payer subsidized corporate welfare queens (2013), and why median wages were rising ( 2016 , 2017 , 2018 , 2018 , 2019 ). By any measure, we still have an enormous number of unfilled positions. Previously : Who Is to Blame for Inflation, 1-15 (June 28, 2022).

Medicine 331

Medicine Numbers Food Insurance 331

Harness Wealth

MARCH 27, 2025

As dynamic as the secondary market may be, secondaries come with complex tax implications that can significantly impact returns if not properly managed. What are the tax implications of secondary transactions? What are the tax challenges in secondary transactions? What tax strategies optimize secondary investments?

Taxes 52

Taxes Tax Planning Assets Compliance 52

The Chicago Financial Planner

NOVEMBER 27, 2022

One of the best tax deductions for a small business owner is funding a retirement plan. Beyond any tax deduction you are saving for your own retirement. The maximum for 2022 is $61,000, this has been increased to $66,000 for 2023. Employee contribution limits are $20,500 for 2022 and $22,500 for 2023. Eligibility.

Retirement Planning 263

Retirement Planning Retirement Planning Financial Planner 263

Abnormal Returns

FEBRUARY 13, 2023

citywire.com) Taxes Five tax mistakes to avoid when it comes to stock options, RSUs, etc. riabiz.com) The number of CFPs grew some 5% in 2022. (fa-mag.com) (mattreiner.com) SEC The SEC is going to focus on the new marketing rule in 2023. flowfp.com) The IRS has clarified its approach to state rebate payments.

Clients 245

Clients Retirement Financial Services Taxes 245

Abnormal Returns

NOVEMBER 23, 2022

ft.com) The 2022 fundraising scene is completely different than the prior 11 years. awealthofcommonsense.com) What falling tax withholding numbers say about the state of the economy. thinkadvisor.com) Books Tyler Cowen's favorite non-fiction books of 2022 including "Of Boys and Men" by Richard R.

Financial Advising 245

Financial Advising Advertising Economy Economics 245

Your Richest Life

FEBRUARY 27, 2023

Whether you’re preparing to file , waiting on a refund , or have already paid your tax bill, you might notice some differences this year. First of all, many taxpayers are noticing smaller refunds or higher tax bills this year than in the previous two years. In 2022, if your AGI was over $43,000, you could take 20% of the credit.

Taxes 105

Taxes Fee Only CFP Financial Planning 105

The Big Picture

JUNE 27, 2024

If they get a 7% increase in wages, they see a modest increase in their direct deposit of after FICA, federal and state withholding taxes, 401K, etc. For most of us who are not regularly crunching the numbers in spreadsheets, it may not feel that way. Someone making $100,000 a year receives a twice-a-month paycheck of $2,328.82.

Budgeting 321

Budgeting Economics Sales Media 321

The Big Picture

JULY 25, 2023

Pomp points out that: “I am, however, arguing that the total return percentage traditionally quoted is not what people actually achieve in their brokerage account because of taxes. I have addressed Tax Alpha before ( see this and this ); but Pomp indirectly raised a very different issue: Why do people underperform their own assets?

Assets 246

Assets Accounting Taxes Numbers 246

Nerd's Eye View

AUGUST 12, 2022

From there, we have several articles on Mergers & Acquisition (M&A) trends: M&A activity so far in 2022 is set to exceed 2021’s record pace despite economic headwinds, meaning there could simply be a ‘new normal’ of higher activity regardless of the economic environment.

Financial Planner 245

Financial Planner Retirement Healthcare Numbers 245

Nerd's Eye View

APRIL 19, 2024

Enjoy the current installment of "Weekend Reading For Financial Planners" - this week's edition kicks off with the news that CFP Board announced that it has crossed the milestone of 100,000 CFP professionals in the United States, and despite having just celebrated its 50th anniversary last year, just set a record high in the number of advisors sitting (..)

Financial Planner 246

Financial Planner CFP Financial Advisor Retirement Planning 246

Nerd's Eye View

JULY 25, 2022

2022 was a year that began with high hopes as households were slowly re-emerging from pandemic shutdowns, markets were reaching new highs, and most advisory firms had growing momentum. A gap our Kitces Courses aim to fill!

Financial Planning 244

Financial Planning Education Estate Planning CFP 244

Nerd's Eye View

OCTOBER 4, 2023

People often talk about "the economy" as a single entity whose parts move in unison, with a small number of key indicators (such as GDP, the unemployment rate, and inflation) moving reliably in relation to each other. And even though U.S.

Valuation 246

Valuation Economics Economy Marketing 246

Random Roger's Retirement Planning

APRIL 3, 2024

You can see that 60/40 equities/managed futures stayed close to 60/40 equities/bonds at a time when managed futures was doing poorly and then pulled ahead in recent years including going up 3.25% in 2022. The advantage that both managed futures portfolios had over traditional 60/40 is how well they did in 2022.

Numbers 96

Numbers Portfolio Management Retirement 96

Calculated Risk

MAY 15, 2023

From the MBA: Share of Mortgage Loans in Forbearance Decreases to 0.51% in April The Mortgage Bankers Association’s (MBA) monthly Loan Monitoring Survey revealed that the total number of loans now in forbearance decreased by 4 basis points from 0.55% of servicers’ portfolio volume in the prior month to 0.51% as of April 30, 2023.

Portfolio 204

Portfolio Numbers Planning Taxes 204

Calculated Risk

MAY 29, 2023

For example, from ECRI a year ago (May 26, 2022): Opinion: It’s time to prepare for a recession (ht SV). In December 2022 I went on " recession watch " for only the 3rd time in the 19 years that I've been writing this blog, but I noted I didn't see a recession coming yet. 2) Significant policy error.

Sales 363

Sales Economy Banking Economics 363

Darrow Wealth Management

NOVEMBER 17, 2022

In November 2022, proponents of the Massachusetts ‘millionaires’ tax (question 1) won their bid to nearly double the income tax rate on individuals with taxable income over $1M a year. As proposed, the new legislation would increase these tax rates to 9% and perhaps even 16% , respectively, starting in 2023.

Taxes 107

Taxes Wealth Management Tax Planning Planning 107

Nationwide Financial

AUGUST 29, 2022

Key Takeaways: Even without new legislation, the prospect of higher taxes in the future is still looming. The impact of higher taxes on retirees could be substantial, so staying up to date on the current tax landscape is vital. But even without new legislation, the prospect of higher taxes in the future is still looming.

Taxes 98

Taxes Retirement Accounting Budgeting 98

Carson Wealth

FEBRUARY 16, 2024

By Mike Valenti, CPA, CFP ® , Director of Tax Planning It’s that time of year again! W-2s, 1099s and mortgage statements have been to hit your mailbox: a daily reminder that it is, once again, Tax Season. Overall, it was a relatively quiet year on the tax front. For single filers, it’s now $13,800, up from $12,550 in 2022.

Taxes 96

Taxes Consulting Accounting Planning 96

Calculated Risk

DECEMBER 7, 2022

The recession callers were back in the first half of 2022, and some like ARK's Cathie Wood and Home Depot's Ken Langone claimed the US was already in a recession. Also note that the sharp decline in 2010 was related to the housing tax credit policy in 2009 - and was just a continuation of the housing bust. My answer is: Maybe.

Sales 361

Sales Economy Engineering Investments 361

Carson Wealth

MAY 20, 2024

April inflation data confirmed there is no need to panic about the first-quarter numbers. Broad commodity prices are not surging like they did in 2022 (oil prices have fallen close to 10% since early April), which means a commodity-driven supply shock is not in the cards for now. That’s similar to the pace of 2019.

Numbers 96

Numbers Marketing Marketing Insurance 96

Nerd's Eye View

AUGUST 12, 2022

From there, we have several articles on Mergers & Acquisition (M&A) trends: M&A activity so far in 2022 is set to exceed 2021’s record pace despite economic headwinds, meaning there could simply be a ‘new normal’ of higher activity regardless of the economic environment.

Financial Planner 179

Financial Planner Retirement Healthcare Numbers 179

The Chicago Financial Planner

OCTOBER 20, 2021

This increases to $19,560 for 2022. For 2021 this increased limit is $50,520, for 2022 this limit is $51,960. Any benefit reduction due to earnings above the threshold will be recovered once you reach your FRA on a gradual basis over a number of years. Social Security and income taxes . Combined income. % Click To Tweet.

Retirement 192

Retirement Financial Planner Taxes Distribution 192

Calculated Risk

SEPTEMBER 16, 2022

The recession callers were back in the first half of 2022, and some like ARK's Cathie Wood and Home Depot's Ken Langone claimed the US was already in a recession. Also note that the sharp decline in 2010 was related to the housing tax credit policy in 2009 - and was just a continuation of the housing bust. 2) Significant policy error.

Sales 363

Sales Economy Economics Investments 363

Random Roger's Retirement Planning

MARCH 5, 2025

In 2022, it was up 104 basis points (total return). but it was low in 2022 when it mattered. Basically, any backtest involving managed futures will look fantastic, but the experience of actually owning managed futures is painful because the strategy loses 70% of the time, his number. The results were fascinating.

Portfolio 72

Portfolio Assets Management Government 72

Calculated Risk

AUGUST 23, 2023

The number is then "wedged back" to the previous revision (March 2022). The annual revision is benchmarked to state tax records. These counts are derived from state unemployment insurance (UI) tax records that nearly all employers are required to file.

Manufacturing 130

Manufacturing Taxes Insurance Government 130

Abnormal Returns

FEBRUARY 16, 2023

bloomberg.com) Bitcoin is at its highest level since June 2022. axios.com) Funds Tax efficiency is the secret sauce of ETFs. apricitas.io) There are a near-record number of housing units currently under construction. Markets The FTSE 100 Index has risen above 8,000 points for the first time ever. pragcap.com) Fidelity is hiring!

Financial Advising 147

Financial Advising Engineering Valuation Retail 147

Random Roger's Retirement Planning

MARCH 12, 2025

The max drawdowns of the backtested portfolios bottomed out in late 2022 as follows To the extent quadrant style might intersect with all-weather, you can decide for yourself whether any of them were all weather enough. There's no wrong conclusion to draw, do you think they are all-weather enough?

Portfolio 59

Portfolio Taxes Numbers Investing 59

Harness Wealth

FEBRUARY 5, 2025

The rise of remote work and digital nomadism has made FEIE a common tax minimization strategy for Americans living abroad. What is the Foreign Tax Credit (FTC)? Financial and lifestyle considerations of living abroad The importance of professional tax advice for expats FAQs about the FEIE What is the Foreign Earned Income Exclusion?

Taxes 52

Taxes Compliance Accounting Government 52

Random Roger's Retirement Planning

MARCH 21, 2025

I think the reason why several of the Cambria funds, including GAA, have high volatility numbers is the firm's willingness to hold longer duration fixed income than what we play around with here and what I do in clients accounts IRL.

Asset Allocation 52

Asset Allocation Portfolio Assets Numbers 52

MarketWatch

JANUARY 23, 2023

GNS, a Singapore-based education company, set guidance for 2023 on Monday, saying it expects revenue of $48 million to $52 million, up 37% from its 2022 proforma guidance. million, up 30% from 2022. million, up 30% from 2022. The company, which captured headlines last week when it said it had appointed a former F.B.I.

Education 75

Education Taxes Numbers Planning 75

Mish Talk

DECEMBER 22, 2022

What is the lowest wage or salary you would accept (BEFORE taxes and other deductions) for this job? Reservation Wage Between March 2020 and November 2022 Working: +19.1 With demand for jobs in some sectors still high, and increasing number of boomers retiring, we have intense wage pressures. Percent Not Working: +14.3%

Food 130

Food Retirement Banking Taxes 130

The Big Picture

JANUARY 21, 2025

Barry Ritholtz : The the funny thing is, the behavioral aspect of mutual funds seems to have been when people finally learn about a manager who’s put up great numbers, by the time it makes to make makes it to Forbes, hey, most of that run is probably over and a little mean reversion is about to kick in. I did it in 2000, 2002.

Investing 147

Investing Investments Management Retirement 147

Nationwide Financial

APRIL 28, 2023

One of the biggest lessons all states learned from WA is how many people are willing to buy LTC insurance if it will get them exempted from a tax! WA employees will pay a mandatory 0.58% payroll tax – which will purchase $36,500 in total LTC benefits (with potential inflation). And how will they control the number?

Insurance 105

Insurance Taxes Clients Numbers 105

Random Roger's Retirement Planning

JUNE 1, 2024

So maybe you buy a TIPS at 100 cents on the dollar but after holding it for some numbers of years you might get 120 cents on the dollar back at maturity. One complicating factor is that tax is owed annually on the amount of the par value adjustment so qualified accounts might be better for individual TIPS.

Taxes 94

Taxes Management Accounting Numbers 94

Random Roger's Retirement Planning

JANUARY 22, 2025

MBXIX added the best long term result but QSPIX had the best performance in 2022. There's very little difference in the Calmar Ratios between the leveraged and unleveraged versions but both were much better than VBAIX while the kurtosis numbers were far inferior to VBAIX. The 50/50 version did far and away the best in 2022.

Asset Allocation 52

Asset Allocation Portfolio Assets Taxes 52

Random Roger's Retirement Planning

FEBRUARY 8, 2025

Consumer discretionary is another one that pretty reliably outperforms for ten year periods, not the last couple though after getting whacked pretty hard in 2022 though. As you might expect, staples went down much less in the Financial Crisis as well as in 2022. annualized versus 12% for the S&P 500.

Assets 52

Assets Engineering Food Communication 52

Random Roger's Retirement Planning

MARCH 23, 2025

While the one traditional bond ETF was down 25% in 2022, the other four ranged from a decline of 2.51% to a gain of 2.54%. YTD it shows down 0.2%, so it went up a little for the first six or seven weeks of the year, down very little from the peak and the YTD number could be as simple as the last trade hitting the bid.

Taxes 59

Taxes Distribution Clients Numbers 59