Cornerstone Financial Advisory

NOVEMBER 4, 2024

This also includes specific tax advice for military members on combat zone tax benefits, special extensions, and other special rules. These offerings are just one way the IRS strives to make tax information available to all. This information is not a substitute for individualized tax advice.

Marketing 52

Marketing Marketing Taxes Economics 52

Cornerstone Financial Advisory

MARCH 25, 2024

The regular method allows you to specifically calculate the actual expenses, such as rent, mortgage interest, taxes, repairs, depreciation, and utilities you pay for the portion of your home used for the business. This information is not intended to be a substitute for specific, individualized tax advice. The diet is flexible.

Marketing 105

Marketing Marketing Taxes Economics 105

Cornerstone Financial Advisory

JANUARY 16, 2024

6,7 Core CPI for December, which excludes volatile food and energy components, rose 3.9%, a slight decrease from November’s 4.0% Married filing jointly: Taxpayers who are married can file a joint tax return with their spouse. This information is not intended to substitute for specific individualized tax advice.

Marketing 111

Marketing Marketing Taxes Economics 111

Cornerstone Financial Advisory

MARCH 4, 2024

Here’s How To Pay If you owe federal taxes, you must pay by the April deadline. Remember, if you get an extension to file your taxes, payment is still due by the April deadline. Pay when you e-file: If you file your federal tax return electronically, you can pay directly from your bank account using electronic funds withdrawal.

Marketing 101

Marketing Marketing Economics Taxes 101

Cornerstone Financial Advisory

DECEMBER 2, 2024

Treasury note yield is expressed in basis points. Tariff Talk Some of the post-election rally has been driven by investor expectations for less regulation and lower corporate taxes proposed by the incoming administration. When sold, investments may be worth more or less than their original cost.

Marketing 52

Marketing Marketing Economics Taxes 52

WiserAdvisor

OCTOBER 4, 2022

There are multiple factors to weigh in, right from healthcare and inflation to estate planning, business succession planning, tax planning, and more. Additionally, you would also be spending money on your daily needs, such as food, gas, rent, electricity, and other similar expenses. Some states have higher taxes than others.

Budgeting 102

Budgeting Retirement Healthcare Food 102

Cornerstone Financial Advisory

NOVEMBER 18, 2024

When sold, investments may be worth more or less than their original cost. Please discuss your specific tax issues with a qualified tax professional. The information in this material is not intended as tax or legal advice. Companies may reschedule when they report earnings without notice.

Marketing 52

Marketing Marketing Economics Taxes 52

Cornerstone Financial Advisory

JANUARY 29, 2024

The Personal Consumption Expenditures (PCE) Index, one of the Fed’s most favored inflation gauges, showed core inflation (excluding food and energy) cooled in December, with an annualized rate of 2.9%, beating consensus expectations. These relationships involve different tax situations. Real Gross Domestic Product grew at a 3.3%

Marketing 105

Marketing Marketing Economics Taxes 105

Cornerstone Financial Advisory

MARCH 18, 2024

Additionally, core PPI (excluding food and energy) was hotter than expected. You must include all capital gains in your income, and you may be subject to the Net Investment Income Tax if your income is above certain amounts. Consult a qualified tax expert for help. a Registered Investment Advisor.

Marketing 105

Marketing Marketing Taxes Economics 105

Cornerstone Financial Advisory

NOVEMBER 20, 2023

Core CPI (excluding food and energy) also moderated, rising just 0.2% These Tips Can Help You Understand The Tax Situation Whether picking up painting or cooking new concoctions in your kitchen, starting a new hobby is always fun and a great way to learn something new. a Registered Investment Advisor. in October and 4.0%

Marketing 105

Marketing Marketing Taxes Economics 105

Cornerstone Financial Advisory

DECEMBER 4, 2023

Inflation Eases The Personal Consumption Expenditures Price index (PCE)–the Fed’s preferred measure of inflation–was released last week, showing core PCE (excludes energy and food) rose 0.2% Did you know that if you are receiving Social Security benefits, you may have to pay federal income tax on a portion of these benefits?

Marketing 105

Marketing Marketing Taxes Economics 105

Cornerstone Financial Advisory

MARCH 11, 2024

State and local income tax refunds may be taxable and should be reported on your federal taxes. If a policy is surrendered prematurely, the policyholder may also pay surrender charges and have income tax implications. The information in this material is not intended as tax or legal advice. a Registered Investment Advisor.

Marketing 103

Marketing Marketing Insurance Taxes 103

Cornerstone Financial Advisory

DECEMBER 9, 2024

When sold, investments may be worth more or less than their original cost. Food for Thought… Life is either a daring adventure, or nothing.” ” – Helen Keller Tax Tip… Beware of the Fake Charity Scam There are so many scams out there. You may even be able to claim a deduction on your tax return.

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Marketing Marketing Taxes Economics 52

Cornerstone Financial Advisory

DECEMBER 30, 2024

Food for Thought… The strongest of all warriors are these two- Time and Patience.” ” – Leo Tolstoy Tax Tip… Do You Have to Pay Taxes on Your Hobby? Whether you picked up embroidering, dog grooming, or making jewelry, a side hobby may or may not require paying taxes.

Marketing 52

Marketing Marketing Taxes Economics 52

Cornerstone Financial Advisory

JANUARY 8, 2024

The interactive tax assistant tool can also help to determine your filing status and any relevant credits you should (or should not) claim. This information is not intended to substitute for specific individualized tax advice. We suggest you discuss your specific tax issues with a qualified tax professional.

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Marketing Marketing Taxes Economics 98

Cornerstone Financial Advisory

SEPTEMBER 9, 2024

When sold, investments may be worth more or less than their original cost. Food for Thought… “Give what you have to somebody; it may be better than you think.” This information is not a substitute for individualized tax advice. Please discuss your specific tax issues with a qualified tax professional.

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Marketing Marketing Economics Taxes 90

Cornerstone Financial Advisory

SEPTEMBER 3, 2024

When sold, investments may be worth more or less than their original cost. Food for Thought… “Nothing will ever be attempted, if all possible objections must be first overcome.” This information is not intended to be a substitute for specific, individualized tax advice.

Marketing 52

Marketing Marketing Food Economics 52

Cornerstone Financial Advisory

OCTOBER 14, 2024

When sold, investments may be worth more or less than their original cost. Notably, if you’re currently paying off the debt or are contesting a tax bill in court, you should not be affected. However, anyone under an IRS tax lien could find their ability to travel hampered. They’re also an excellent source of folate.

Marketing 52

Marketing Marketing Food Taxes 52

Cornerstone Financial Advisory

JULY 22, 2024

Food for Thought… “We are what we repeatedly do. ” – Aristotle Tax Tip… Protect Your Tax Data The Internal Revenue Service (IRS) shared guidelines that tax pros should follow to protect taxpayer data, but these principles are sound for everyone to practice. a Registered Investment Advisor.

Marketing 52

Marketing Marketing Economics Taxes 52

Cornerstone Financial Advisory

JANUARY 17, 2023

Core prices (excludes food and energy) slowed to 5.7%, a decline from the previous month’s 6.0% Tax Benefits For Charitable Giving. Giving back to others feels good and is a great way to support your community and those in need, but it also has tax advantages. December’s CPI report showed a 0.1% increase from a year ago.

Marketing 59

Marketing Marketing Taxes Economics 59

Cornerstone Financial Advisory

NOVEMBER 14, 2022

The core CPI (excludes energy and food sectors) rose a more modest 0.3% Energy was up 1.8%, while food costs rose 0.6% Monday: Tyson Foods, Inc. This information is not intended to be a substitute for specific individualized tax advice. The information in this material is not intended as tax or legal advice.

Marketing 59

Marketing Marketing Economics Taxes 59

Cornerstone Financial Advisory

AUGUST 15, 2022

The year-over-year inflation rate remained at 8.5%, while the core CPI (excluding food and energy) came in at 5.9%. Among the index components seeing substantial price increases were food (+10.9% The IRS has a handy tool called the IRS Tax Withholding Estimator that can help taxpayers better understand their withholding.

Marketing 59

Marketing Marketing Taxes Economics 59

Cornerstone Financial Advisory

SEPTEMBER 18, 2023

Core inflation (excludes energy and food) was more encouraging, rising 4.3%– down from July’s reading of 4.7%. Core inflation (excludes energy and food) was more encouraging, rising 4.3%– down from July’s reading of 4.7%. This information is not intended to substitute for specific individualized tax advice.

Marketing 59

Marketing Marketing Taxes Economics 59

Cornerstone Financial Advisory

SEPTEMBER 11, 2023

.” – Ludwig van Beethoven Give Back To Your Community By Working As A Tax Volunteer If you want to give back to your community and help people with low to moderate incomes, consider applying to volunteer with the Volunteer Income Tax Assistance (VITA) or Tax Counseling for the Elderly (TCE) programs.

Marketing 59

Marketing Marketing Taxes Economics 59

Cornerstone Financial Advisory

JUNE 26, 2023

” – Amanda Gorman Couples Who Work Together, Tax Together When a household starts a business, couples find themselves learning about the tax responsibilities related to that business. These relationships face different tax situations. This information is not intended to substitute for specific individualized tax advice.

Marketing 59

Marketing Marketing Taxes Economics 59

Cornerstone Financial Advisory

JULY 15, 2024

Food for Thought… “Do not merely practice your art, but force your way into its secrets; it deserves that, for only art and science can exalt man to divinity.” These programs offer free tax help to senior citizens, persons with disabilities, and those who speak limited English to understand their tax situations.

Marketing 52

Marketing Marketing Taxes Economics 52

Cornerstone Financial Advisory

APRIL 3, 2023

Energy prices declined, partially offsetting increases in food, goods, and services. Taxpayers can complete Form 9000, Alternative Media Preference, to choose how they would prefer to receive their tax notices (ex: in Braille, large print, audio, or electronic formats). a Registered Investment Advisor.

Marketing 59

Marketing Marketing Taxes Economics 59

Cornerstone Financial Advisory

FEBRUARY 20, 2023

” – Megan Thee Stallion (Megan Jovon Ruth Pete) How Qualified Charitable Distributions Can Help Reduce Your Tax Burden Generally, distributions from a traditional Individual Retirement Account are taxable in the year the account owner receives them. Yet some tax benefits reward the philanthropic. a Registered Investment Advisor.

Marketing 59

Marketing Marketing Distribution Taxes 59

Cornerstone Financial Advisory

JANUARY 3, 2023

What Is The Premium Tax Credit? The premium tax credit (PTC) is a refundable credit that helps eligible individuals and families cover the premiums for their health insurance purchased through the Health Insurance Marketplace. Not filing a tax return using the filing status Married Filing Separately. ” – Adam Smith.

Marketing 59

Marketing Marketing Taxes Economics 59

Cornerstone Financial Advisory

NOVEMBER 21, 2022

Excluding food and energy, the PPI was flat for the month and up 6.7% If you hire an independent contractor for your business, you are generally not responsible for withholding income taxes, Social Security, or Medicare taxes from their compensation. The information in this material is not intended as tax or legal advice.

Marketing 59

Marketing Marketing Taxes Economics 59

Cornerstone Financial Advisory

JUNE 27, 2022

Declining energy and food prices and falling bond yields signaled a potentially improving inflation outlook, buoying investor sentiment. Two education credits are available to American taxpayers: the American Opportunity Tax Credit (AOTC) and the Lifetime Learning Credit (LLC). The Nasdaq Composite index rose 7.49% for the week.

Marketing 52

Marketing Marketing Education Taxes 52

Cornerstone Financial Advisory

AUGUST 26, 2024

When sold, investments may be worth more or less than their original cost. Lastly, it’s important to remember to pay the correct amount of taxes on this income throughout the years to avoid owing when you file. This information is not intended to be a substitute for specific, individualized tax advice.

Marketing 52

Marketing Marketing Taxes Economics 52

Cornerstone Financial Advisory

SEPTEMBER 19, 2022

Core inflation (excluding food and energy) was particularly alarming to investors, which jumped 6.3% How to Find Tax Help in Other Languages. The IRS currently translates important and helpful tax information in seven languages, including: Spanish. The information in this material is not intended as tax or legal advice.

Marketing 59

Marketing Marketing Taxes Economics 59

Cornerstone Financial Advisory

AUGUST 29, 2022

AVGO), Hormel Foods Corporation (HRL). How to Check the Status of Your Federal Tax Refund. Filing taxes has become more seamless in recent years due to e-filing. This information is not intended to be a substitute for specific, individualized tax advice. a Registered Investment Advisor. BBY), HP, Inc.

Marketing 59

Marketing Marketing Taxes Economics 59

Trade Brains

OCTOBER 29, 2024

On the operating front, earnings before interest, taxes, depreciation, and amortization (EBITDA) soared 5 percent annually to Rs 522 crore in the September quarter of FY25, from Rs 497 crore in the September quarter of FY24. Investors must therefore exercise due caution while investing or trading in stocks. percent in Q2FY25m from 20.1

Food 52

Food Investment Advisor Consulting Investing 52

Cornerstone Financial Advisory

JUNE 12, 2023

State and local income tax refunds may be taxable and should be reported on your federal taxes. State taxes may apply to inheritances.) If a policy is surrendered prematurely, the policyholder also may pay surrender charges and have income tax implications. a Registered Investment Advisor. Welfare benefits.

Marketing 59

Marketing Marketing Insurance Taxes 59

Cornerstone Financial Advisory

AUGUST 12, 2024

Food for Thought… “When things go wrong, you’ll find they usually go on getting worse for some time: but when things start going right they often go on getting better.” Lewis Tax Tip… Divorce or Separation Can Affect Your Taxes The first thing to consider is alimony payments. ” – C.S.

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Marketing Marketing Taxes Economics 52