By Kevin Theissen What are you going to do with your tax refund this year? Through the end of March, the IRS received over 81 million returns and processed just under 79 million returns. To that point, the IRS has […]
Category: Money Matters
Column, Money Matters
Real vs. perceived income gap
By Kevin Theissen Wealth disparity in the United States is a widely discussed topic but what is actually true? The gap between rich and poor is somewhat different than most Americans perceive it to be. According to Statista: “Despite wealth disparity […]
Column, Money Matters
Where’s my refund?
By Kevin Theissen The Internal Revenue Service continues to be backlogged and shorthanded—because of years of mismanagement plus Covid-19 related difficulties. As of last month, the IRS had over 20 million tax returns and correspondence waiting to be processed. Last […]
Column, Money Matters
Fed rate increases to hit the market
By Kevin Theissen Earlier this month, the Federal Reserve increased interest rates for the first time since December 2018 by 0.25%. Several more hikes are expected later this year. Fed chair Jerome Powell emphasized that he wants to see the […]
Column, Money Matters
What to do with retirement income
By Kevin Theissen Many people assume that when retirement rolls around, they should draw cash from their taxable accounts first. Generally, this is a good idea, but not always. A fundamental of tax planning is to put off paying taxes […]
Column, Money Matters
The Ukraine invasion has modest impact on market
By Kevin Theissen Vladimir Putin’s invasion of Ukraine may have made you feel for the suffering of the Ukrainian people – and may have made you think that the issues in America may not come close in comparison. From a […]
Column, Money Matters
Beware of these tax scams
By Kevin Theissen Each year seems to have new scams designed to steal your tax refund. Each tax season, thousands of people are victims of fraud. In these scams, fraudsters trick their victims into giving them enough information to file […]
Column, Money Matters
Caregivers, consider this
By Kevin Theissen Almost everyone must become a caregiver to a loved one at some point in their lives. It could be due to unexpected circumstances or old age and it’s important to prepare in case you must take on […]
Column, Money Matters
What’s new this tax year?
Deadline for taxes is April 18 By Kevin Theissen Tax season is upon us again. It officially began on Jan. 24, and you’ll need to file by April 18 (unless you file for an extension). The deadline is usually April […]
Column, Money Matters
Dealing with market volatility
By Kevin Theissen The start of this year has brought some market volatility that might have caused you some uneasiness. It might be difficult but remember that this is normal – especially after a year when the S&P 500 index […]