With increased spending, government officials will need to look for ways to increase revenue in order to compensate and makeup for budgetary shortfalls. Unfortunately, when it comes to government, “increasing revenue” is another way of saying “increasing taxes.”
The Internal Revenue Service (IRS) amended rules under the CARES Act to provide flexibility for health-care spending related to the COVID-19 pandemic in which families and individuals may need additional at-home services,
Here are a few key points to keep in mind before making investment decisions based on vaccine related headlines.
Financial advisors often get the bad reputation of disliking cash and being “all in.” The most recent “cash is trash” quote by a prominent investment manager is not helping our image either. However, we feel that holding an appropriate amount of cash in your portfolio can be the financial equivalent of taking a deep breath to relax.