December 5, 2017— The Senate tax bill contains a provision that would force individual investors to use first-in-first-out (FIFO) tax treatment for sales of the shares of most stocks. Markets have risen substantially in recent years, making management of taxable gains an important consideration in delivering after-tax returns to investors.
November 30, 2017— The U.S. holiday shopping season was off to a solid start this past Thanksgiving weekend, with U.S. consumers feeling jollier than they have in recent years. While deals on Thanksgiving, Black Friday, Small Business Saturday, and Cyber Monday are watched closely by shoppers, sales data over this five-day period are scrutinized by analysts and economists for messages about what the holiday shopping season may bring for retailers.
November 8, 2017— There is no single issue that has been discussed more since the November 2016 presidential election than tax reform. This is particularly true within investment circles, though sentiment regarding likelihood of passage has ebbed and flowed throughout this year. Last Thursday the House Republicans released the Tax Cuts and Jobs Act, a bill that would cut taxes by about $900 billion for individuals and almost $600 billion for companies. Static scoring (i.e.