Plan ahead for the Net Investment Income Tax
High-income taxpayers face a 3.8% net investment income tax (NIIT) that is imposed in addition to regular income tax. Fortunately, there are some steps you may be able to take to reduce its impact. The NIIT applies to you only if modified adjusted gross income (MAGI) exceeds: $250,000 for married taxpayers filing jointly and surviving […]
Big increases could be in store for capital gains taxes
Increases to taxes on capital gains have been proposed with the release last month of President Biden’s Green Book. While we don’t have a crystal ball to see exactly what the future holds, we wanted to give you some insight into what has been proposed. The way it is now Under existing law, capital gains […]
Bonds remain stable investment amid 1Q decline
The first quarter of 2021 was positive for U.S. stocks, but bonds declined amid the rise in interest rates. With the dramatic spike in interest rates discussed here, bonds performed poorly in the first quarter of the year. The Barclay’s Aggregate Bond index was down more than 3% in the first quarter, a large loss […]
The long and short of succession planning
For many business owners, putting together a succession plan may seem like an overwhelming task. It might even seem unnecessary for those who are relatively young and have no intention of giving up ownership anytime soon. But if the past year or so has taught us anything, it is that anything can happen. Owners who […]
Will U.S. stocks continue to fare well amid reopening economy?
As most investors know, equity markets continued to achieve record highs during the first quarter of 2021. The story of the second quarter is still unfolding, as it is impacted by economic reopening amid the vaccine rollout, as well as concerns of rising interest rates and the prospects for inflation. While U.S. stocks have fared […]
‘Tug-of-war’ developing between economic reopening and inflation concerns
The first quarter of 2021 has gotten off to great start with equity markets continuing to achieve record highs. As we begin the second quarter, a tug-of-war is developing as investors weigh the prospects of economic reopening amid the vaccine rollout against concerns of rising interest rates and the prospects for inflation. As the first […]
Antares Group’s COVID-19 Webinar Series
Antares Group is hosting a series of webcasts designed to bring the latest information to you in this rapidly changing environment during the coronavirus outbreak. Below are links to the webinars we have hosted. We will add more as they become available. How Does ARPA Help Your Business? (March 23, 2021) Presented by: Frank McLaughlin, […]
Don’t forget to take required minimum distributions this year
If you have a traditional IRA or tax-deferred retirement plan account, you probably know that you must take required minimum distributions (RMDs) when you reach a certain age — or you’ll be penalized. The CARES Act, which passed last March, allowed people to skip taking these withdrawals in 2020 but now that we’re in 2021, […]
Make updating your retirement plan a New Year’s resolution
This time of year is replete with retrospectives on 2020 and stating goals for 2021. One New Year’s resolution that should be at the top of your list is updating plans for retirement. Kiplinger’s recently published a list of the 10 Most Tax-Friendly States for Retirees, which gives some good food for thought. No matter […]
Navigating to a new day: Antares Group hosts virtual financial symposium
It’s a new day in this post-COVID world. Much has changed in the past several months, and we want to shed light on some topics that are most relevant to you and your business. To help you navigate through this ever-evolving environment, Antares Group is hosting a virtual financial symposium specifically for McDonald’s owner/operators. This symposium […]