Bedel Blog

While we may not be able to rely on a 10%-per-quarter pace from equities, there is still much to celebrate in how far we've come from peak inflation in 2022 and the economy's strength in early 2024.

To qualify for a 1031 exchange, a few characteristics must be met. First, the property that you are selling (known as the relinquished property) and the property that you are purchasing (known as the replacement property) must be what the IRS deems “like-kind.”

When factoring in mortgage rates, the story does not look better. Mortgage rates have increased from 2.79% to 6.5%, with rates peaking in October 2023 at 7.7%. While this does not impact the down payment needed for a home, it greatly affects the monthly payment.

As hiring and retaining talented employees becomes increasingly competitive, it is not uncommon to see employers issue stock to their employees as an incentive. Due to this growing trend, it is also common to see individuals with a high concentration of employer stock within their sponsored retirement accounts.

Treasury bonds might be a good fit if you prioritize safety and are comfortable with limited liquidity. However, if immediate access to your money is crucial, a money market fund might be preferable.

While Federal Reserve rate hike predictions are essential for navigating financial markets, their historical accuracy is subject to various factors and limitations.

The Kiddie Tax applies to children under 19 years old and full-time students under 24 who don't support themselves financially. The tax is assessed on unearned income received by children who meet previously noted age requirements.

It's important to note that a handful of Bitcoin ETFs were trading before the SEC's decision. However, those funds utilized Bitcoin futures contracts rather than Bitcoin itself.

Many understand the tax advantages of employing a health savings account for themselves or their family, but few know how it can be used for an adult child. Check the rules to see if your adult child can open their own HSA.

Tax season can be a stressful time for many of us. Spending extra time on preparation can make the whole process run more smoothly and avoid the kind of errors that a slapdash approach can engender.

Chairman Powell, for the first time, discussed the possibility of lowering interest rates in 2024 to avoid harming the economy. This was a substantial change from the Fed's previous stance, which was effectively "it's too soon to talk about lowering rates.

What should you do when you get a large refund? If you have any debt, specifically high-interest debt, one of the best uses of your tax refund would be to pay down that debt.