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John’s Market Commentary Q1 | 2018

By | 2018-04-25T14:07:25+00:00 April 18th, 2018|Categories: On Our Minds|Tags: , , , , , |

Well, 2018’s first quarter earnings season is in the process of winding down.  The first quarter of 2018 had considerably more noise with respect to earnings because of the new tax law changes.  However, earnings are looking much better than expected. During the quarter, investors celebrated the passage of the Republican tax plan that lowered the [...]

Correction Time: The Market Takes a Hit

By | 2018-02-28T16:48:54+00:00 February 28th, 2018|Categories: On Our Minds|Tags: , , , , , |

After reaching all-time highs on January 26, 2018, the Dow Jones Industrial Average and the S&P 500 went into a two-week slide that saw both stock indexes drop by more than 10%, a decline that is typically considered a market correction.1 Analysts have been saying for several years that the long, booming bull market was overvalued [...]

4th Quarter Economic Update | January 2018

By | 2018-02-22T21:51:08+00:00 February 15th, 2018|Categories: On Our Minds|Tags: , , , , |

Once again, the economic metrics we follow indicate growth is strong around the world.   The ultra-loose monetary policies that were implemented due to the financial crises a decade ago have led to an expanding global economy resulting in many countries continuing to see strong GDP growth.  Labor markets are solid, global trade is healthy and commodity [...]

Tax Cuts and Jobs Act: Impact on Businesses

By | 2018-01-11T19:55:52+00:00 January 11th, 2018|Categories: On Our Minds|Tags: , , , , |

The Tax Cuts and Jobs Act, a $1.5 trillion tax cut package, was signed into law on December 22, 2017. The centerpiece of the legislation is a permanent reduction of the corporate income tax rate. The corporate rate change and some of the other major provisions that affect businesses and business income are summarized below. Provisions [...]

IRS Announces 2018 Standard Mileage Rates

By | 2018-01-09T17:26:00+00:00 January 9th, 2018|Categories: On Our Minds|Tags: , , , |

The IRS has announced the 2018 optional standard mileage rates for computing the deductible costs of operating a passenger automobile for business, charitable, medical, or moving expense purposes. Effective January 1, 2018, the standard mileage rates are as follows: - Business use of auto:  54.5 cents per mile may be deducted if an auto is used for [...]

Tax Cuts and Jobs Act

By | 2017-12-27T20:34:25+00:00 December 27th, 2017|Categories: On Our Minds|Tags: , , , |

The Tax Cuts and Jobs Act legislation was signed into law on December 22, 2017. The Act makes extensive changes that affect both individuals and businesses. Some key provisions of the Act are discussed below. Most provisions are effective for 2018. Many individual tax provisions sunset and revert to pre-existing law after 2025; the corporate tax [...]

Client Spotlight | Marty Grunder!, Inc.

By | 2017-12-28T18:54:56+00:00 December 26th, 2017|Categories: On Our Minds|Tags: , , , , |

Marty Grunder discovered his entrepreneurial spirit when he was a teenager with a used lawn mower looking for a way to put himself through college. Through determination and hard work, he grew that initial $25 investment into Grunder Landscaping Co., a multimillion-dollar design-build firm headquartered in Dayton, Ohio. Along the way, his success story has been [...]

What Will You Pay for Medicare in 2018?

By | 2017-12-28T14:28:40+00:00 December 1st, 2017|Categories: On Our Minds|Tags: , , , , |

The Centers for Medicare & Medicaid Services (CMS) has announced that the standard monthly Part B premium in 2018 will remain $134 (or higher, depending on your income). In 2017, most Medicare beneficiaries who received Social Security benefits paid a lower monthly premium ($109, on average). However, this is likely to change in 2018. Due to [...]