Will you be paying higher taxes on your capital gains?

The short answer is probably “No.” The longer answer is, “I don’t know” because tax hikes proposed by the president may or may not be enacted into law by Congress. Last month, President Joe Biden unveiled The American Families Plan, which among other things, proposes to raise capital gains taxes on long-term capital gains—on theContinue reading “Will you be paying higher taxes on your capital gains?”

January 2021 – Q4 Market Recap

A rollercoaster year ends on a high note In terms of finance, as in so many ways, 2020 was a year none of us will ever forget. The initial outbreak of Covid and fears about its rapid spread sent stocks and Treasury bond yields plummeting in March. The broad-based S&P 500 Index lost nearly 33.9%Continue reading “January 2021 – Q4 Market Recap”