Market Updates
TLWM Market Updates
Monthly Market Update
Submitted by TLWM Financial on February 1st, 20232023 is off to a good start as both stocks and bonds rallied in January with the S&P 500 up about 6%. (YCharts) This bounce was welcomed by investors as the mix of economic data suggested the Fed might be able to shift toward a less restrictive stance in the months to come.
That said, we wouldn’t be surprised to see market volatility ahead as we appear to be in an environment where investors are looking for Goldilocks data each month – not too strong (to cause higher inflation), not too weak (a sign of recession), but a “just-right” combination of economic growth at a reasonable pace. This month we saw some data that gave us a glimpse of what that combination could look like:
Tax Planning for Business Owners
Submitted by TLWM Financial on January 18th, 2023What is business tax planning?
When starting a business, you must consider a number of tax-related issues. Although business tax planning is a complicated area, it is essential to understand three major topics: tax consequences when the business is formed, tax consequences when the business generates income or loss, and tax consequences of business distributions.
8 Tips for Becoming a Wise Consumer of Healthcare
Submitted by TLWM Financial on January 18th, 2023Nothing Says Love on Valentine's Day Like a Spousal IRA
Submitted by TLWM Financial on January 18th, 2023Looking for ways to save "I love you" on Valentine's Day? Then you may want to consider opening a spousal individual retirement account (IRA). This gift says, "Let's grow old together comfortably," and shows your partner that you care about their financial wellness. Beyond that, a spousal IRA offers the following advantages.
Kick off the Big Game With These 7 Super Investing Lessons From the Super Bowl
Submitted by TLWM Financial on January 18th, 2023Don't Miss Out on These 5 Commonly Overlooked Tax Deductions
Submitted by TLWM Financial on January 18th, 2023When you own a business, you get to deduct business expenses from your business income. This general rule applies, subject to certain limitations, whether you are a sole proprietor with employees or a self-employed freelancer working in the gig economy. The Internal Revenue Service (IRS) allows you to claim tax deductions for expenses that are necessary and ordinary for your business.
TLWM Financial Outlook 2023
Submitted by TLWM Financial on December 22nd, 2022As 2022 comes to a close we look back on an eventful and challenging year for investors as the economy and stock market faced a number of headwinds which led to a bear market for stocks, and negative returns for fixed income. Those headwinds were led by stubbornly high inflation, a big jump in interest rates, and concerns that we are heading toward a recession. In this outlook we will