Warren Buffett says, “Don’t Watch.” Have you ever heard the expression, “If you love sausages, never watch how they’re made?” The same is true of stock prices. Warren Buffett once said, “I would tell [investors], don’t watch the market closely.” In recent weeks, oil prices have rallied higher, and the Fed indicated higher interest…
Changes coming to the Ohio Commercial Activity Tax As a result of the Ohio Budget bill passed earlier this year, businesses will see changes to the Commercial Activity Tax (CAT) beginning with the calendar year 2024. Under the current rules, all businesses with more than $150,000 of sales but less than $1 million in…
Ohio Sales Tax Holiday Friday August 4th to Sunday August 6th Looking to do some Back to School shopping? The State of Ohio will once again have a sales tax holiday for Back to School items. The holiday begins on Friday, August 4th at 12:00 a.m. and will end on Sunday, August 6th…
Deciding When to Take Social Security One of the most common questions people ask about Social Security is when they should start taking benefits. Making the right decision for you can have a meaningful impact on your financial income in retirement. Before considering how personal circumstances and objectives may play into your decision, it may…
The Sun is Beginning to Set on Some Depreciation Tax Provisions The Tax Cuts and Jobs Act of 2017 (TCJA) is one of the most significant pieces of tax legislation in the last 25 years. Passed in November 2017 and effective January 1, 2018, this legislation was designed to simplify individual tax rules, while also…
Even the most thought-out financial strategy may need to be adjusted for unexpected events, such as changes to your family life or career, or shifts in your family priorities. These are important opportunities for us to connect and ensure we make any adjustments to accommodate your new or shifting goals. Some of the most common…
Dear Valued Client, Last week’s closure of Silicon Valley Bank (SVB) marked one of the largest bank failures in history and sparked fears over the health of the entire financial system. While the situation remains fluid, below you’ll find a high-level overview. Highlights The collapse of Silicon Valley Bank fueled a sharp sell-off…
Numbers to Remember for 2023 Social Security Wage Base- $160,200 – this is the amount of income that social security tax is required to be paid upon. This increased by almost 9% from 2022! HSA Contribution Limits Single: $3,650 Family: $7,300 An additional $1,000 contribution can be made for each individual aged 55…
Effective January 1st, Mary Jane Koesters became a partner in Moorman, Harting Financial Services Ltd. Mary Jane has been with Moorman, Harting Financial Services Ltd for 19 years. She is a Financial Advisor and holds the AIF and CPFA credentials. Mary Jane serves as the Director of Financial Services for the company and assists clients…
It’s a Girl! Kelsey and Kalobb Dodson welcome third little girl! Kelsey and Kalobb welcomed Kaylee Grace Dodson, born Wednesday, December 21st and weighing 5 lbs. 9.6 oz. Kaylee joins her two big sisters, Olivia and Peyton. Kelsey is an accountant and payroll specialist in our Coldwater office. Congratulations on your beautiful family!