by Cheryl & Tom Lyon | Oct 9, 2020 | Taxes
The attached article from Broadridge Advisor details the tax policies, spending priorities and overall economic strategies of the two Presidential candidates. They seem to be accurate and unbiased. Enjoy! [pdf-embedder...
by Cheryl & Tom Lyon | Nov 7, 2018 | Taxes
On Monday, the IRS held a hearing as they consider proposed rules to prevent states from circumventing the cap on state and local deductions as a result of the new tax law. The 2017 tax law caps the state and local tax deductions on the Itemized Deduction Schedule A...
by Cheryl & Tom Lyon | Sep 28, 2018 | Business, Investments
The following is a recent Broadridge Alert: Blockchain is a data structure used to create a digital ledger shared among a distributed network of computers. It was initially designed for the peer-to-peer exchange of the virtual currency bitcoin. However, businesses are...
by Cheryl & Tom Lyon | Sep 26, 2018 | Financial Planning, Taxes
The “Queen of Soul”, Aretha Franklin, passed away last month without a will. I repeat. Aretha Franklin passed away without a will. That is amazing to me. How could a pop icon with so many decades in the music industry not take the time to plan her estate? Allegedly,...
by Cheryl & Tom Lyon | Aug 14, 2018 | Investments
Is Elon Musk really not aware of the trouble he could be in by suggesting in Tweets that he would take Tesla Private? Unbeknownst to his Board of Directors and the SEC? Is this a ploy to get his losing company to $420 per share? The current share price is $350 per...
by Cheryl & Tom Lyon | Jul 13, 2018 | Financial Planning
My thoughts on tariffs and trade wars are pretty basic. First off, I am not an economist by any stretch of the imagination. However, I feel we should all pay attention to the economic news. Reading from “The Hill” newsletter this morning, it appears that lawmakers on...
by Cheryl & Tom Lyon | Jun 23, 2017 | Taxes
Republican Senators released a draft of a health care bill that would repeal many of the tax provisions of the Affordable Care Act. This bill will be changed and amended if and/or when it becomes law. This list is from the Journal of Accountancy, 6/22/2017. • The bill...
by Cheryl & Tom Lyon | Nov 13, 2015 | College Planning
The House Ways and Means Committee held a hearing last month to exam the rising costs of college tuition and the US tax policies that may be contributing to those rising costs. There were two issues the committee considered: tax breaks for college...
by Cheryl & Tom Lyon | Jul 13, 2015 | Investments
Today’s blog is a summary of an alert prepared by Broadridge Investor Communication Solutions, Inc. dated July 10, 2015 titled “Understanding Greece and the European Debt Situation”. ...
by Cheryl & Tom Lyon | Nov 24, 2014 | Financial Planning, Taxes
It is very hard to believe it is that “time of year” again. Yes, the Holiday Season, but also the time to get your financial houses in order. OK, not as much fun as Santa Claus, but still necessary. Review your year-to-date paystub. Do an estimate...
