Several weeks ago, the IRS extended our personal income tax filing deadline from April 15 to May 17, 2021. Because a few other deadlines are synonymous with the date to file personal taxes, we have been waiting for confirmation that these additional deadlines would be extended, as … Read More
The coronavirus pandemic and subsequent safer-at-home mandates put quite a dent in the 2020 travel industry. If you or your self-directed IRA own vacation rental investments, chances are, the returns on those assets suffered, too. As we settle into 2021 and as more Americans get vaccinated, many … Read More
It’s that time of year again. Fair market valuations (FMVs) are required by the IRS for the assets in your retirement plan. These valuations must be assessed by end of the income tax reporting year. You may be allowed to perform certain valuations yourself, but it is … Read More
Our guest author, Jonathan Leiter, Vice President – Business Development & Investor Relations for Excelsior Capital, explains the new definition of accredited investor in this timely and informative article. For nearly 40 years—spanning six different US Presidents, nine different SEC Chairs and five bull markets—the definition of “accredited … Read More
Are you aware of how the provisions in the Coronavirus Aid, Relief, and Economic Security Act (CARES) Act impact your retirement planning? The act’s main purpose is to provide immediate financial relief to individuals, families, and businesses that face somewhat dire financial straits due to COVID-19. It … Read More
There are some people who believe investing in gold and other precious metals is critical to survival if the global economy faces trouble. Well, it’s facing trouble now as the world is fighting the coronavirus pandemic. And, in times of crisis, gold and other precious metals may, … Read More
Do you know how the SECURE Act impacts retirement plans? Below is a short list with explanations of the main elements that impact our clients. This list is not comprehensive. We advise you to consult your financial and/or tax professional to help you navigate the new law. Take … Read More
The Setting Every Community Up for Retirement Enhancement act, also known as the SECURE Act, passed in December 2019. The new law is designed to help more Americans save for retirement. But, of course, detractors don’t agree with everything the final law imposes, such as the elimination … Read More
Stock market volatility is often a worry for many investors, despite the fact that we are told to buckle up and ride the highs and lows for the long haul. But, if your IRA is heavily invested in stocks, it can be hard to protect your retirement … Read More
The Setting Every Community Up for Retirement Enhancement (SECURE) Act is touted to help Americans save for retirement. But, a few “enhancements” might compel you to contact your senator to express concern (after you pick your jaw up off the floor). For instance, inherited IRAs would be … Read More
