A Window of Opportunity When It Comes to Federal Estate Taxes

Money Matters, Trusts & Estates

We still have a federal estate tax. But it has been greatly reduced in scope, thanks to the “Tax Cuts and Jobs Act of 2017.” The key thing to keep in mind: this major change is TEMPORARY. If the estate tax provision is not renewed by end of Dec. 2025, it will expire. So now is the time to plan and make any necessary changes. Find out why in this short webinar by Kristi Mathisen, Managing Director of Tax and Financial Planning at LNWM:

The 2017 Tax Law: Major Changes to Personal Taxes

Money Matters, Tax Time

The new tax law — The 2017 Tax Cuts and Jobs Act — will lower taxes for US households across the income spectrum. But some will benefit more than others. To figure out how you might fare, we invite you to listen as Kristi Mathisen, Managing Director of Tax and Financial Planning at LNWM, explains the major changes affecting personal income taxes.

Business Owners’ Quick Guide to the New 20% Deduction on Biz Income

Money Matters, Tax Time

Young man entrepreneur sitting at his deskAre you a business owner? The Tax Cuts and Jobs Act of 2017 could have some very good news for you. If you report your business income on your personal tax return — as do owners of sole proprietorships, partnerships, LLCs, S Corps. — you may qualify for a 20% tax deduction on that income. So on business income of $500,000, a $100,000 deduction — not bad!

This is how Congress opted to reward businesses that are not corporations. There are, however, many exceptions and gotchas. So let’s run through who qualifies and who does not. … Read More

The Monday Mix: Feb. 5 – 11, 2018

Monday Morning Mix

Headlines discussed at LNWM’s Monday morning briefing:

The S&P 500 finished the week down 5.3%, the worst result in two years, on high volatility.
The yield on 10-year US Treasuries hit 2.88%, a level not seen since 2014.
A US government shutdown was averted as new budget deal was reached.
Economic growth in the Eurozone is expected to rise to 2.3% in 2018 and be more widespread.
Funds that bet on low stock market volatility saw their valuations plunge and some will close.

Disclaimer: Clicking on any of the above links will take you away from the Laird Norton Wealth Management web page and to the source page. While we believe the information in these articles is relevant, we cannot guarantee its accuracy or completeness.

The February 2018 Stock Market Plunge: What We Think

Money Matters

February 2018 has brought us a stock market rout that has unnerved investors. Recent declines essentially erased year-to-date gains in the S&P 500, along with other indices. Energy shares led the selloff, since the sector’s Q4 2017 earnings have disappointed. However, earnings reports from other sectors have been robust and would indicate good growth prospects. US consumer confidence and spending have also been strong and recent wage data show growth at the fastest level since 2009. So what’s the problem? … Read More