William Parker


What the New Tax Bill Means for You

What the New Tax Bill Means for You

According to the Wall Street Journal, the enactment of the Tax Cuts and Jobs Act represents “the most sweeping overhaul of the U.S. tax code in more than 30 years.” For millions of businesses and Americans, it means an altered financial and investment landscape with new opportunities and challenges in the years ahead. Keep in mind, that the information in this material is not intended as tax advice, and may not be used for the purpose of avoiding any federal tax penalties.

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Fear of getting audited is real blog by Grandview Asset Management

Fear of Getting Audited

We know the fear of getting audited is real. The word "audit" alone is enough to strike fear into tax payers. Being audited doesn't necessarily mean you did anything wrong, or that the IRS suspects wrong doing. Here are some sound tax practices that may reduce the chance of an audit.

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Bitcoin 101 by Grandview Asset Management

Bitcoin 101

Bitcoins can be purchased on a bitcoin currency exchange and transferred to a digital bitcoin wallet. It should be noted that bitcoins have been subject to sharp and rapid changes in value, rendering their value highly unpredictable at any given time. Its commitment to a limited production is fundamental to its objective of retaining value, unlike other national currencies, which may be devalued by printing excess supply to meet economic and political ends.

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Socially Responsible Investing by Grandview Asset Management

Investing with your Heart

Quite a few individuals believe that return on investment shouldn’t be the only criterion for how they invest their money. For them, the social impact of investing is just as important, if not even more important. The history of socially responsible investing stretches at least as far back as the mid-18th century, but its more modern form began taking shape in the 1960s, amidst the fight for civil rights and the emerging anti-Vietnam protests.

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Earned Income Tax and Social Security Benefits

Earned Income Tax and Social Security Benefits

Earned income is the money you earn from working. It includes wages, salaries, tips and net earnings from self-employment income. It also includes union strike benefits and some types of long-term disability benefits. With some types of deferred compensation plans, the payments are also considered a form of earned income. In comparison, unearned income includes things like annuity payments, pension income, distributions from retirement accounts, capital gains, interest income, dividends, passive income generated from rental real estate, alimony, stock dividends and bond interest.

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Grandview Asset Management Retirement Portfolio

Retirement Income and the Traditional Portfolio

Taking withdrawals from a traditional portfolio exposes fixed-income investors to “sequence of returns” danger. In other words, experiencing negative returns early in retirement can deplete your portfolio more quickly than you planned and potentially undermine the sustainability of your assets. So you may want to consider a couple of strategies to help mitigate this concern.

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Grandview Asset Management image for blog post Should I borrow from my 401k

Should I Borrow From My 401k?

The average household with credit card debt had a balance of $16,748 in 2016, nearly passing the peak of $16,900 in 2008. The average credit card annual percentage rate is sitting at 15.8% as of May 17, 2017, which represents an expensive way to fund spending! This leads us to a question that many individuals as us on a daily basis, "Should I borrow from my 401k to pay off debt or to make a major purchase?"

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