Selling your home in 2021, could be a Great Tax Move! Housing prices are hitting all-time highs! It is a sellers’ market almost anywhere in the United States. With historically low interest rates the real estate market is hot as a firecracker. Many homeowners have seen the value of their primary residence double and even triple over the last decade.
Here’s What You Should Know About Bitcoin We’ve all seen the stories about bitcoin over the past few years—the triumphs and the pitfalls. For many investors, this cryptocurrency has raised a lot of questions and a lot of curiosity. Is bitcoin just a “scam” that will end in a meltdown? Or does it have the potential to revolutionize financial markets
The American Jobs Plan and Proposed Tax Policy On March 31, 2021, President Biden introduced the American Jobs Plan, a proposal designed to improve the country’s aging infrastructure. In total, the plan will invest more than $2 trillion over the next decade. The specific provisions of the proposal will likely change prior to making its way to Congress and will
When Should I Claim My SSA (Social Security Administration) Benefits? The decision of when to claim your Social Security Administration (SSA) retirement benefits is one that you must make based on personal considerations. Some factors you may consider are: Your genetic history, as your life expectancy, could affect when you begin collecting retirement benefits Factors related to your spouse, like
How Much of Your IRA Should You Convert to a Roth IRA? The critical question facing many investors is how much of their IRA they should convert into a Roth IRA. Obviously, you want to convert as much money as possible if the tax rate you will pay now is lower than what you will pay in the future, but
Tax Cuts and Jobs Act of 2017: What Taxpayers Need to Know On December 20, 2017, the U.S. House of Representatives and the U.S. Senate passed the Tax Cuts and Jobs Act of 2017 (the act or TCJA). The legislation makes significant changes to the Internal Revenue Code (IRC), including individual, corporate, and gift and estate taxation. Contact Hosler Wealth
New Tax Laws for 2020 Including the SECURE Act of 2019 Everyone is paying attention to the changes in the SECURE Act and rightly so. However, the spending bill itself also changed some tax rules. Contact Hosler Wealth Management today and get help for a more secure tomorrow! We’ve gathered the most significant changes that we think you should know