Insights

ProVise Bullets

January 2, 2018

Happy New Year and welcome to 2018. Early last year in our Bullets which looked ahead to 2017, we suggested that, given the run-up in the market between the election and the end of the year, we might see equity markets produce a return in the mid to high single…

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2017 TAX CUTS AND JOB ACT

December 27, 2017

As a holiday gift to just about everyone, Congress passed (finally) and President Trump signed a tax reform bill known as the Tax Cuts and Jobs Act.  There is a little something in the almost 1,100 pages for everyone to like and probably an equal amount of concern and displeasure. …

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ProVise Bullets

December 15, 2017

November was another good month for equity investors as the S&P 500 gained 3.1% on a total return basis. The index has been on a tear for the past 21 months having posted a positive return in all but one of those months (October 2016). Now it has posted a…

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ProVise Bullets

November 30, 2017

When advising our clients about saving for retirement through their company's 401k Plans, we encourage them to save as much as possible, but at a minimum to contribute enough to get 100% of the employer's matching contribution. This is almost like "free" money, so it isn't something to pass up.…

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ProVise Bullets

November 15, 2017

No sooner did we send a special Bullet last week than the Senate disclosed their version of tax reform. Here is a breakdown of some of the salient differences between the two plans: 1) While the House version reduces the number of tax brackets to four, the Senate version keeps…

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ProVise Bullets on the Tax Cuts and Jobs Act

November 10, 2017

TAX CUTS AND JOB ACT – How does it affect individuals? In the early part of November, the US House of Representatives finally unveiled its proposed tax reform bill known as the Tax Cuts and Job Act (“TCJA”) after several delays that involved last minute "adjustments", a/k/a deals, which were…

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ProVise Bullets

October 31, 2017

The good news is that the Social Security Administration announced that monthly benefits will increase by 2% starting in January 2018 which works out to an average increase of about $25 per month. While that might not sound like much, it is better than the zero increase in 2016 and/or…

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ProVise Bullets

October 13, 2017

On October 9th the bull market reached another milestone stretching now to 103 months. This makes it the second longest bull market for the S&P 500 since 1950, eclipsed only by the 113½ month bull of the 1990s which lasted until March 2000. If the current bull makes it to…

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ProVise Bullets

September 29, 2017

In a surprise move, the President made a deal with the Democrats to raise the debt ceiling for another three months. The debt ceiling history dates back to 1917 during World War I when Congress wanted to issue bonds to help fund the war. There is a quiet conversation going…

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ProVise Bullets

September 15, 2017

First there was Harvey bringing devastation mostly in the form of flooding and then there was Irma, the largest Atlantic hurricane in history, whose devastation came primarily in the form of winds. We are very concerned about everyone affected, especially our clients and friends. ProVise took all reasonable precautions to…

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