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While campaigning, President-elect Joe Biden highlighted his plans to make some revisions to the current tax code. Now that the election has been decided, some people might be wondering how his tax plans might affect them.
The coronavirus pandemic has dramatically altered the labor market, with struggling companies resorting to layoffs and furloughs to deal with economic hardship. But many companies are also offering an olive branch of sorts to employees in the form of early retirement packages–whether employees want it or not.Learn more
Investment mistakes are par for the course for anyone putting money into financial markets, but like most mistakes they can be valuable, serving as a red-flag warning or a lesson for the future. We asked financial advisors about the worst investing mistakes they or their clients have ever made.Learn more
Although the stock market has started to rally, many sectors have yet to rebound. That is very true in the oil and gas industry. Many of our Texas clients are reliant on the oil and gas sector for both their work and retirement benefits. With that in mind, follow this link to see the article as it appeared in the Houston CPA Society Forum called “The Hits Keep Coming to the Energy Sector as Exxon Gets Booted from the Dow: How This May Impact Your Portfolio and Financial Plan”.Learn more
Are you stressed by an income reduction? Try these budgeting tips to survive a pay cut and thrive during this challenging time. A pay cut, whether big or small, can catch you off guard—and throw your finances into disarray. While a salary cut is different than a layoff, it can leave you feeling just as uncertain.Learn more