Rate of change refers to the acceleration or deceleration of an underlying speed. This data can be used to analyze the strength and direction of an underlying economic indicator, including any possible reversal points. A high rate of change would indicate a strong...
Passive income allows investors to generate an additional income stream without having to put in physical work on their end. Some of the most common sources include rental real estate, stock dividends, small business investing, etc. While passive income is a great...
The income levels for 2023 tax brackets include an adjustment higher for every bracket, but the tax rates are not changing. The standard deduction will be increasing as well as the retirement and HSA plan contribution limits. These changes should be taken into...
Tax Loss Harvesting is a great end-of-the-year tax planning tool. The goal of this exercise is to sell investments at a loss to offset other potential income taxes. Capital losses can be used to reduce capital gains in a given year since only the ending net result is...
Budget for holiday shopping and gifts before spending. Review retirement contribution amounts and limits for the current year. Set budget and financial goals for the upcoming year. Evaluate tax planning strategies such as Tax Loss Harvesting, Charitable...
