As I write this our leadership in Washington is unable to take the steps needed to avoid a government shutdown. This latest crisis gives the media lots of fodder for dire predictions of economic catastrophe.
As I often say, my crystal ball is broken and I do not know what the future will bring, but, I can remind you that this is the 17 time in the last 40 years that this happened. Sometimes the shutdown lasts for a few days and others for a few weeks. In every case after the politicians score their idealogical points things return to normal.
I don't know whether this will be different or not but sooner or later a resolution will
take place. Let's hope for sooner.
Plan Now for a Year-End Investment Review
This year, you know for sure how income, capital gains, and qualifying dividends will be taxed. That gives you an opportunity to fine-tune your long-term financial planning, or to develop a plan if you've postponed doing so.
Show Them the Love: Low-Cost, High-Value Employee Benefits
Recruiting and retaining top talent often requires going beyond the basic employee benefit programs. By offering creative, low-cost benefits, you can differentiate your business from other potential employers. More Details
Estate Planning and Income Tax Basis
Income tax basis can be important when deciding whether to make gifts now or transfer property at your death.
Will interest rates rise this year?
Why are interest rates rising even though the Federal Reserve's target rate hasn't? Because bond investors are concerned that higher interest rates in the future will hurt the value of bonds that pay today's lower rates.
Graph: Interest Rates 1981-2012
Graph showing federal funds effective rate (the average rate at which banks lend to one another overnight) from 1981 to 2012.
This information is not intended to be tax or legal advice. It is provided for your education only by Pennytree Advisers, LLC. Individual circumstances may vary.
Prepared by Broadridge Investor Communication Solutions, Inc. Copyright 2013.