January 2017 Market Insight
Flipping through The Wall Street Journal for the past month, one might see front page headlines such as
Time to plan for inflation-adjusted 2017 tax numbers
Each year, certain tax figures are adjusted for inflation. While most figures are unchanged versus 2016, there is more than a 7% increase to the maximum earnings subject to social security tax.
Making the most of your tax refund
If you are expecting a tax refund, you might consider investing your refund or using it to increase your financial security. While everyone’s needs are different, here are some optional uses of your refund that may work for you.
Standard mileage rates drop for 2017
Whether you drive your vehicle in your own business or reimburse your employees for business mileage, you’ll need to revise the rate you use in 2017.
New law offers new HRAs in 2017
A health reimbursement arrangement, or HRA, is a benefit plan you can offer to your employees to reimburse them for medical expenses that are not covered by an insurance plan. HRAs offer tax benefits, including the deductibility of contributions you make to your employees’ accounts.
Great Things are Happening in Ashland!
Ashland News
What is “The Market?”
The Stock Market has returned 8% per year…
Jordan Lance Earns CFP Certification
We’d like to introduce you to Jordan Lance, CFP, who serves as an Investment Advisor Representative at Whitcomb & Hess.
December 2016 Market Insight
With winter now here and the holidays in the rear-view mirror, the markets also shared in the holiday cheer with a positive (but uneventful) December.