2017 was a strong year for the markets around the globe. Here is a brief review of performance and key themes for the year. Equities Domestic Stocks: Improving economic performance and
Five Easy Financial Resolutions
It’s a New Year, and many of us are still in goal-setting mode. While some years are more successful than others, I still love the process of setting goals and
Your Taxes and Foreign Financial Assets
By Mark A. Josephson, Esq., CPA, CFP, CFE, CGMA (Note from Sara: New York is an international city and several people have asked what they are supposed to be doing
What Happens if You Don’t Get Health Insurance?
Health insurance is easier to get these days, and more Americans are covered now thanks to the Affordable Care Act, known to many as “Obamacare”. But you do have to
Changes to New York Estate Tax Laws (Good News!)
Until recently, New York residents who died with estates exceeding $1,000,000 in value were subject to the State estate tax. (Note: This is separate from the Federal estate tax exclusion,
The Tax Benefits of Owning a Home
This is the seventh post in my “Taxes for Your Family” series. There is a lot of confusion about the tax benefits of owning a home. But what are they?
Tax Advantages of Retirement Accounts
This is the sixth post in my “Taxes for Your Family” series. I’m always surprised when people don’t take advantage of tax-advantaged retirement accounts. Don’t they realize it’s the best
When to Consider Paying Off Your Mortgage
With interest rates likely to increase, you may be in no hurry to pay off your mortgage. After all, you may not be able to get such a low interest
What is the AMT and Who Pays It?
I really strive to explain complex topics in a straightforward way. But the AMT is a toughie. Our “main” tax code is complicated enough. But there is actually a second
