Dividends have historically been an effective hedge against inflation. For example, the S&P 500 declined from 120 to 62.28 in October 1974 before eventually rising again.
You’ve probably heard about the wealth gap and generational wealth, but here’s a number for you: There’s a $200 billion annual gap between Black and white recipients of inheritances, according…
Employees with stock options may accelerate income in lower-earning years to slash future tax bills. However, there may be other consequences, experts say.
Biden tax hikes dominate adviser-client discussions
There s a sense of urgency to make moves to take advantage of today s low tax rates because they may be going up soon. A $2.3 trillion package contains a proposal to increase the corporate tax rate from 21% to 28%.
April 1, 2021 3 MINS
As proposals to increase taxes on wealthy Americans and high-income earners to fund government spending initiatives proliferate in Washington, preparing for tax hikes has become a top priority for investment advisers and their clients.
“This is the world I’m living in,” said Joanne Burke, founder of Birch Street Financial Advisors. “That’s a conversation I’m having probably on a daily basis with clients. Everyone I talk to has the general sentiment they’re going to have a tax increase.”