Cornerstone Financial Advisory

DECEMBER 11, 2023

Purchasing Managers’ Index (PMI) Composite Flash. “The whole fun of living is trying to make something better” – Charles Kettering Tax Tips For Children Or Grandchildren With Part-Time Job Many of us have kids or grandkids who work part-time. In addition, they must report all yearly tips on their tax returns.

Marketing 87

Marketing Marketing Taxes Economics 87

Cornerstone Financial Advisory

MARCH 11, 2024

Producing more goods or services with fewer resources helps the economy grow while managing inflation risks. 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.

Marketing 79

Marketing Marketing Insurance Taxes 79

Cornerstone Financial Advisory

JANUARY 2, 2024

6 This Week: Key Economic Data Wednesday: Institute for Supply Management (ISM) Manufacturing Index. ” – Bertrand Russell Need Last Year’s Tax Returns? Help is available for taxpayers who need tax information for prior years but still need to keep copies of their returns. Order a tax transcript. Jobless Claims.

Taxes 82

Taxes Investment Advisor Numbers Investing 82

Cornerstone Financial Advisory

OCTOBER 2, 2023

6 This Week: Key Economic Data Monday: Institute for Supply Management (ISM) Manufacturing Index. Institute for Supply Management (ISM) Services Index. ” –John Steinbeck Who Can Deduct Car Expenses On Their Tax Returns? Can you deduct expenses such as gas, depreciation, and lease payments on your tax returns?

Marketing 93

Marketing Marketing Taxes Economics 93

Cornerstone Financial Advisory

OCTOBER 30, 2023

Institute for Supply Managers’ (ISM) Manufacturing Index. Institute for Supply Managers’ (ISM) Services Index. 2) The regular method allows you to specifically calculate the actual expenses like rent, mortgage interest, taxes, repairs, depreciation, and utilities you pay for the portion of your home used for the business.

Marketing 99

Marketing Marketing Economics Taxes 99

Cornerstone Financial Advisory

OCTOBER 9, 2023

The Internal Revenue Service (IRS) has a handy tool called the Tax Withholding Estimator, which can help you manage having too much or too little tax withheld from your wages. This information is not intended to substitute for specific individualized tax advice. Indexes do not incur management fees, costs, and expenses.

Marketing 86

Marketing Marketing Taxes Economics 86

Cornerstone Financial Advisory

NOVEMBER 6, 2023

There’s no better time to check your withholding status and make sure your paycheck accurately reflects the taxes you should be paying. These expenses can also impact your tax liability. This information is not intended to substitute for specific individualized tax advice. a Registered Investment Advisor.

Marketing 101

Marketing Marketing Taxes Economics 101

Cornerstone Financial Advisory

DECEMBER 18, 2023

” – Charles Schulz Tax Benefit And Credits: FAQs For Retirees Lots of questions can come up about income taxes after one has retired. 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.

Marketing 96

Marketing Marketing Taxes Economics 96

Cornerstone Financial Advisory

NOVEMBER 27, 2023

Friday: Institute for Supply Management (ISM) Manufacturing Index. There are some important tax tips to know to set yourself up for success. Here are some tips that the IRS shares for new business owners: Choose the right business structure: The form of business determines which income tax return a business taxpayer needs to file.

Marketing 84

Marketing Marketing Taxes Economics 84

Cornerstone Financial Advisory

NOVEMBER 20, 2023

Friday: Purchasing Managers’ Index Composite Flash. 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. Did you know there are some tax considerations when starting a new hobby?

Marketing 94

Marketing Marketing Taxes Economics 94

Cornerstone Financial Advisory

APRIL 22, 2024

” – Larry Niven Can You Claim The Child Tax Credit For Other Dependents? Even if you cannot claim the child tax credit, you may be able to claim the credit for other dependents under your care. This phaseout begins for married couples filing a joint tax return at $400,000. The dependent is a U.S. stock market.

Marketing 52

Marketing Marketing Taxes Economics 52

Cornerstone Financial Advisory

AUGUST 7, 2023

.” – Desmond Tutu Add Social Security Numbers Of Your Dependents On Your Return On your tax return, add the Social Security Numbers for your children and other dependents. Otherwise, the Internal Revenue Service (IRS) might deny any dependent credits you might be due, including the Child Tax Credit. stock market.

Marketing 92

Marketing Marketing Medicine Taxes 92

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. stock market.

Marketing 82

Marketing Marketing Taxes Economics 82

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 74

Marketing Marketing Economics Taxes 74

Cornerstone Financial Advisory

SEPTEMBER 5, 2023

Wednesday: Institute for Supply Management (ISM) Services Index. ” – Aristotle Protect Your Tax Data Protecting your data is very important in today’s digital age. The Internal Revenue Service shared guidelines tax pros should follow to protect taxpayer data. Individuals cannot directly invest in unmanaged indexes.

Marketing 87

Marketing Marketing Economics Taxes 87

Cornerstone Financial Advisory

FEBRUARY 5, 2024

” – Jim Rohn Vacation Home Rentals If you receive money for the use of your primary residence, you may have to report this rental income on your tax return; this means that the “vacation home rental” classification can apply to your home, even if you don’t own multiple short-term rental properties. stock market.

Marketing 81

Marketing Marketing Taxes Economics 81

Cornerstone Financial Advisory

JULY 10, 2023

” – Maya Angelou IRS Program Helps Seniors Prepare Taxes The Internal Revenue Service (IRS) has a tool called Free File, which offers online tax preparation, direct deposit of refunds, and electronic filing choices. Free File has a majority of the most common forms needed when filing your taxes. stock market.

Marketing 90

Marketing Marketing Taxes Economics 90

Cornerstone Financial Advisory

APRIL 15, 2024

.” – William Shakespeare More Digital Choices For Filing The IRS has made it easier to file your taxes. Forms now contain electronic signature options, meaning tax professionals can conduct remote transactions. This information is not intended to be a substitute for specific, individualized tax advice. stock market.

Marketing 52

Marketing Marketing Taxes Economics 52

Cornerstone Financial Advisory

APRIL 1, 2024

.” – George Washington IRS Offers Free Tax Prep Option For Military Personnel Each year, the Internal Revenue Service takes a moment to remind active duty military personnel that the “IRS Free File” offers them multiple choices for free federal tax preparation. Indexes do not incur management fees, costs, and expenses.

Marketing 52

Marketing Marketing Economics Taxes 52

Cornerstone Financial Advisory

OCTOBER 31, 2022

Tuesday: Institute for Supply Management (ISM) Manufacturing Index. Institute for Supply Management (ISM) Services Index. Did you know that the IRS has an app that makes it easy to check some things off your tax to-do list? Get tax help. Indexes do not incur management fees, costs, and expenses. Factory Orders.

Marketing 88

Marketing Marketing Economics Taxes 88

Cornerstone Financial Advisory

JULY 3, 2023

Global Central Bankers Meet At last week’s European Central Bank Forum, central-bank governors from around the world gathered to discuss their monetary outlook and the policies needed to manage inflation amid unexpected economic strength. 4 This Week: Key Economic Data Monday: Purchasing Managers’ Index (PMI) Manufacturing.

Marketing 59

Marketing Marketing Taxes Economics 59

Cornerstone Financial Advisory

AUGUST 28, 2023

1,2,3 Stocks Manage Gains Stock rallied on Monday on upbeat sentiment over the earnings release from a mega-cap semiconductor company scheduled for mid-week, only to see that momentum fizzle the following day on weak retail earnings and a credit downgrade of a handful of banks. Institute for Supply Management (ISM) Manufacturing Index.

Marketing 52

Marketing Marketing Economics Taxes 52

Cornerstone Financial Advisory

AUGUST 14, 2023

The combination of higher yields and earnings that failed to validate tech’s elevated valuations has dragged the sector and the larger market. Child support payments are not taxable income for the recipient or tax-deductible for the payer. This information is not intended to substitute for specific individualized tax advice.

Marketing 52

Marketing Marketing Taxes Economics 52

Cornerstone Financial Advisory

SEPTEMBER 6, 2022

The overhang of Fed Chair Powell’s Jackson Hole speech the previous week carried over into last week as investors recalibrated stock valuations amid a seemingly more assertive monetary policy stance. Tuesday: Institute for Supply Management (ISM) Services Index. Indexes do not incur management fees, costs, and expenses.

Marketing 59

Marketing Marketing Taxes Investment Advisor 59

Cornerstone Financial Advisory

APRIL 3, 2023

4 This Week: Key Economic Data Monday: Institute for Supply Management (ISM) Manufacturing Index. Institute for Supply Management (ISM) Services Index. 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.

Marketing 59

Marketing Marketing Taxes Economics 59

Cornerstone Financial Advisory

AUGUST 1, 2022

Monday: Institute for Supply Management (ISM) Manufacturing Index. Institute for Supply Management (ISM) Services Index. Don’t Forget to Take Advantage of the Work Opportunity Tax Credit. The work opportunity tax credit equals 40% of up to $6,000 wages paid or incurred with a maximum credit of $2,400. Factory Orders.

Marketing 83

Marketing Marketing Taxes Economics 83

Cornerstone Financial Advisory

JANUARY 3, 2023

The December report showed the confidence of large asset managers in investing in risk assets, like stocks, has dropped over the past two months, explaining, in part, why stocks may have struggled of late. Tuesday: Purchasing Managers’ Index (PMI)-Manufacturing. Institute of Supply Management (ISM) Manufacturing.

Marketing 59

Marketing Marketing Taxes Economics 59

The Big Picture

FEBRUARY 6, 2024

You wouldn’t be surprised to learn the tax consequences of owning a mutual fund is a part of it. Tremendous track record, unusual background comes from computer science and software and, and pivoted into quantitative investing. Dick Mayo was a traditional, I’d say portfolio, strong portfolio manager focused on US stocks.

Valuation 130

Valuation Investing Investments Assets 130

Cornerstone Financial Advisory

MAY 1, 2023

The business inventory investment slowdown reduced the headline GDP number by 2.26%. 5 This Week: Key Economic Data Monday: Institute for Supply Management (ISM) Manufacturing Index. Institute for Supply Management (ISM) Services Index. Earned Income Tax Credit You may include nontaxable combat pay in your taxable income.

Marketing 59

Marketing Marketing Taxes Economics 59

Cornerstone Financial Advisory

AUGUST 21, 2023

Wednesday: Purchasing Managers’ Index (PMI) Composite Flash. There’s no better time than the present to check your withholding status and make sure your paycheck accurately reflects the taxes you should be paying. These expenses can also impact your tax liability. Indexes do not incur management fees, costs, and expenses.

Marketing 52

Marketing Marketing Economics Taxes 52

Cornerstone Financial Advisory

MARCH 20, 2023

Purchasing Managers’ Index (PMI) Composite Flash. ” – Brenda Song 5 Things You Can Find on IRS.gov The IRS website has a wealth of information outside of just tax filing information. Information on IRS tax volunteer opportunities – Learn how to give back and help people file their taxes. by Thursday.

Marketing 59

Marketing Marketing Taxes Banking 59

Cornerstone Financial Advisory

MAY 22, 2023

4, 5, 6 This Week: Key Economic Data Tuesday: Purchasing Managers’ Index (PMI) Composite. Here’s How It May Affect Your Taxes Taxpayers who work in the gig economy may benefit from having a better understanding of how their work affects their taxes. Indexes do not incur management fees, costs, and expenses.

Marketing 59

Marketing Marketing Taxes Economics 59

Cornerstone Financial Advisory

DECEMBER 5, 2022

Monday: Purchasing Managers’ Index (PMI) Composite. Institute for Supply Management (ISM) Services Index. Purchasing Managers’ Index (PMI) Manufacturing. Here are some quick facts about both of them: A traditional IRA is a tax-advantaged personal savings plan where contributions may be tax deductible.

Marketing 59

Marketing Marketing Taxes Economics 59

Cornerstone Financial Advisory

OCTOBER 3, 2022

During the previous week, the Bank of England (BOE) raised interest rates, and its prime minister announced unfunded tax cuts that the markets interpreted as inflationary. Monday: Institute for Supply Management (ISM) Manufacturing Index. Institute for Supply Management (ISM) Services Index. government bonds. government bonds.

Marketing 59

Marketing Marketing Taxes Economics 59

Cornerstone Financial Advisory

JANUARY 30, 2023

Institute for Supply Management (ISM) Manufacturing Index. Institute for Supply Management (ISM) Services Index. No one wants a bad surprise when Tax Day comes, and having the proper withholding can help you avoid these surprises. Index performance is not indicative of the past performance of a particular investment.

Marketing 59

Marketing Marketing Economics Taxes 59

Cornerstone Financial Advisory

MAY 30, 2023

Institute of Supply Management (ISM) Manufacturing Index. ” – Mariah Carey Be On Alert For IRS Scams The Internal Revenue Service is on a constant lookout for tax-related scams. Demand that you immediately pay your taxes over the phone. This information is not intended to substitute for specific individualized tax advice.

Marketing 59

Marketing Marketing Taxes Economics 59

Cornerstone Financial Advisory

JULY 24, 2023

6 This Week: Key Economic Data Monday: Purchasing Managers’ Index (PMI) Composite Flash. When sold, investments may be worth more or less than their original cost. Lastly, it’s important to consider paying quarterly taxes during the year to help avoid any federal or state tax penalties for underpayment.

Marketing 52

Marketing Marketing Taxes Economics 52