As we step into the new year, it’s crucial for taxpayers and investors to be aware of the latest updates from the Internal Revenue Service (IRS).
U.S. EQUITY INVESTMENT ENVIRONMENT U.S. equity markets performed well in the second quarter and year-to-date, as Congress approved legislation to suspend the debt ceiling and the Federal Reserve opted for a “hawkish pause” at their last meeting. The NASDAQ led major averages higher in Q2 with its gain of 13.1% as the now memorialized “magnificent […]
U.S. EQUITY INVESTMENT ENVIRONMENT Volatility continued to challenge equity markets in the first quarter in response to elevated inflation, an uncertain outlook for monetary policy, and, in March, the stunning failure of Silicon Valley Bank. The NASDAQ led major averages higher in Q1 with its gain of 17.1% as mega-cap growth stocks outperformed in response […]
Running a business is often full of daily struggles with staying within budget and maximizing profits. As a small business owner, one way you can ease your financial burden is to take full advantage of the tax code. Not all small businesses are created equal, so you should tailor your deductions to your specific industry. […]
U.S. EQUITY INVESTMENT ENVIRONMENT The second quarter began and ended with significant levels of volatility, with the VIX index closing the second quarter at 28.7. U.S. stocks posted their worst first-half performance since 1970, as inflation concerns, Fed-rate hikes and slowing economic growth weighed on markets. The S&P 500 posted losses of 16.1% in the […]