A rising interest rate environment can be good news for holders of floating rate notes.
Author: Jim Olsen, CFA, CFP®
Release Date: 2/19/17
We are in a period where the Federal Reserve has made it very clear that it is in a tightening phase, or a phase in which it wll be raising short-term interest rates. The Fed does this by raising the federal funds rate, which is a very short-term interest rate.
In addition, we may be entering a period in the economic cycle where longer term interest rates may also be rising. Longer term interest rates are impacted by growth and inflation in the economy. The economy has been . . .
...Here are the Answers for Federal Gift and Estate Tax
Author: Robert J Falcon, CPA, MBA, CFP® Candidate
Release Date: 2/14/17
Many folks are understandably confused by the gift and estate tax rules in the U.S. Do you need to file a gift tax return when someone makes a large gift to you? What about when you are the one making the large gift? Here’s what you need to know concerning gifts and taxes.
Estate and Gift Tax Basics
First some basics: Although it may not be intuitive, you do not generally pay any gift or estate tax when you receive . . .