It’s a Boy! It’s a Boy! Amanda and Dan Brackman welcomed Zachary Mark Brackman on November 3, 2022! Zachary weighed in at 7 lbs. 8 oz. Zachary joins big sister Olivia in the Brackman home. Amanda is a CPA in our Coldwater office. .
STUDENT LOAN FORGIVENESS APPLICATION OFFICIALLY LAUNCHED On August 24th, the Biden Administration announced its plan to forgive up to $10,000 of federal student loan debt for borrowers that meet certain income limitations. While this initiative was implemented through executive action and is already being subjected to legal challenges, the application to request this loan…
If you’ve felt like stock prices were a little more volatile in 2022 than in recent years, your “spidey senses” are right on the money. The S&P 500 has posted 81 daily moves of at least 1% through August. Of those moves, 39 have been to the upside and 42 to the downside. In the…
IMPORTANT NEW TAX INFORMATION FOR CHICKASAW RESIDENTS AND BUSINESSES WITH EMPLOYEES WORKING IN CHICKASAW Effective October 1, 2022, the Village of Chickasaw will begin assessing a 1% income tax on certain types of income earned by residents of the Village, along with wages paid or income earned by nonresident individuals, and businesses that…
Thank You Elaine! Elaine Harting recently retired from Moorman, Harting after 30 years of working as an administrative professional in our Coldwater office. Elaine is married to Jim, who will continue in his role as a Partner, CPA & Financial Advisor in our Coldwater office. Elaine looks forward to spending her additional free time…
Inflation Reduction Act – What it Means for Your Taxes On August 16, 2022, President Biden signed into law the Inflation Reduction Act (IRA). This new law contains a few tax provisions that we believe may impact our clients. A summary of these provisions follows. Health Insurance Subsidies – The act extends through…
Successful Living in a Turbulent World Moorman, Harting Financial Services, Ltd. is pleased to invite you to our 2022 seminar. We will hear from Bruce Boguski on “Successful Living in a Turbulent World.” Bruce will teach us how to become mentally tough in order to reach our long-term financial goals. This will serve as a…
A Return to Normalcy Could Impact Your 2022 Tax Return 2020 and 2021 were chaotic years from an individual income tax perspective. The COVID-19 pandemic led to previously unseen levels of tax stimulus designed to put money in taxpayers’ pockets and keep our country and our economy moving. Between three rounds of…
Market Turbulence – Rates and Russia The return of market turbulence, heightened volatility, and geopolitical uncertainty have dominated the investment landscape as we begin the year 2022. Stocks and bonds alike are firmly in negative territory for the year, while the VIX (volatility index), has nearly doubled and the bond market’s companion measure of volatility,…