(Early) March Financial Planning News Roundup
Welcome to this (early) March edition of the DFG Navigator! Watch for a special edition addressing the war in Ukraine and the effect on the financial markets coming next week.
With tax season in full swing, it's also important that we highlight the changes happening in 2022 with regard to inflation, investments, and financial planning.
Here are the subjects covered in this edition:
What Inflation Will Do to Your 2022 Taxes
The IRS tax tables are getting a bigger-than-usual adjustment this year, thanks to the rising cost of living.
4 Tips and Tricks for This Chaotic Tax Season
The Internal Revenue Service has a long history of raising taxpayer ire, but this tax filing season could be one for the record books. Here are 4 tips from Barron's.
Setting financial goals: Retirement
How much do I need for retirement? That is a question many people ask. And the answer changes from person to person.
The Inflation Survivors of the 1980s Have Some Advice for You
People who lived through the last period of high inflation have tips for coping when everything feels more expensive.
What Russia’s Invasion Of Ukraine Means For Commodities
How will the Russian invasion of Ukraine play out? If the endgame is near impossible to call, the dramatic news overnight narrows the possibilities.
3 Steps to Make 2022 Your Best Tax Year Yet
In many ways, taxes became more complicated during the pandemic, with newly added exemptions and deductions, making it more important than ever to get ahead of the game. Now is the time for business owners and investors to create an effective tax strategy for 2022.
Spring is around the corner, we can feel it! Stay happy and healthy.
Allen for the team at the Davis Financial Group
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